Alternatively, Pakistan would be constrained to seriously consider rolling out appropriate measures, including termination of the Pakistan-UAE avoidance of Double Taxation Agreement at an early date
The Aramco IPO is the centrepiece of the Saudi crown prince’s plans to diversify the economy away from a reliance on oil, as the money will be reinvested by the Saudi Public Investment Fund (PIF) to promote growth in other sectors.
Alternatively, for those that are longer established, there has been a transfer to the next generation and this may not have gone well.
Sheikha Manal bint Mohammed bin Rashid Al Maktoum, president of the UAE Gender Balance Council, hails improvement in ranking
Banks will no longer need to book loans of solvent firms as bad debt, Bloomberg said, citing people familiar with the matter.
He also said that, "the BAP combines proven learning methods, hands-on tools and mentoring opportunities that can be immediately deployed in complex business scenarios in Saudi Arabia and across the region."
In a report published on Wednesday, the World Bank recommended the establishment of "effective" environmental management institutions and practices, in addition to scaling up investments in renewables.