To this end, it intends to implement structural plans in promising sectors, mainly manufacturing, wholesale and retail trade, tourism, construction, real estate, ICT, mining and agriculture.
With many of the international sovereign bonds trading at less than half their face value, market observers see an increasing likelihood of Lebanon struggling to repay some of its obligations and seek a restructuring with creditors at some point.
OBG will consider what other indirect taxes are likely to follow as the leadership moves forward with its plans to diversify the economy in line with the Vision 2030, such as the highly anticipated Value Added Tax.
They discussed the ongoing progress at Al Salam Bank-Seychelles, a joint venture between ASBB and the Seychelles Pension Fund, and its contribution to the development of the domestic financial services industry in the Seychelles.
In an exclusive interview, the Al-Habtoor boss reveals his views on the Kingdom, the UAE economy, Trump and Iran
The draft law amendments will see changes to certain provisions within the Agency Law, particularly concerning the business sector, public shareholding companies, UAE nationals and foreign investors.
Under the agreement, Emirates NBD will act as a trustee for the account and provide banking services with the aim to safeguard owners’ interests and ensure compliance with real estate procedures and regulations.
Signed during the Abu Dhabi Sustainability Week, the partnership will support efforts to identify suitable social benefit projects that can be supported by a 'social impact bond'. Ma’an is developing the GCC’s first social impact bon