Today the UAE announced the Federal Decree-Law No. 47 of 2022 on taxation of corporations and businesses “Corporate Tax Law” effective for financial years starting on or after 1 June 2023.
Finance
World Bank: India Better Positioned to Navigate Global Headwinds Than Other Major Emerging Economies
India’s economy has demonstrated resilience despite a challenging external environment, said the World Bank in its India Development Update in December.
Al Ahli Bank of Kuwait and ABK-DIFC Close Landmark $825 Million Term Loan Facility
Al Ahli Bank of Kuwait K.S.C.P is pleased to announce it has successfully closed a 37-month USD 825 million Term Loan Facility, securing the largest financing related to a Kuwaiti financial institution since January 2010.
Summary of weekly real estate transactions for the week ending 23 December 2022
Summary of weekly real estate transactions for the week ending 23 December 2022.
SimpliFi Accelerates Disruption in Digital Payments With Multi-Currency Card Issuance Capabilities
SimpliFi, the leading Cards as a Service (CaaS) platform in MENAP, empowers organizations to drive new revenue streams, manage costs and streamline business operations, with the introduction of Multi-Currency cards across the region.
The global veterinary market size is expected to reach USD 114.4 billion by 2028
The veterinary industry is constantly evolving. The global veterinary market size is expected to reach USD 114.4 billion by 2028. As new technologies take shape and innovative treatments are realized, animal care will change too. Eurovets outlines three trends that will shape veterinary industry in 2023.
Summary of weekly real estate transactions for the week ending 16 December 2022
The real estate and properties transactions valued at AED 9.2 billion in total during the week ending 16 December 2022. The sum of transactions was 2,882.