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Navigating ESG Trends in Banking: SLLPs, ESG Assessment, and Managing ESG Risk

Navigating ESG Trends in Banking: SLLPs, ESG Assessment, and Managing ESG Risk

Prashanth Joseph, ESG Domain Consultant - Impact Grows

How Sustainable Loans and ESG Assessments are Shaping the Banking Industry’s Approach to Environmental, Social, and Governance Risks. Introduction As the world’s economy continues to face increasing environmental, social and governance (ESG) risks, the banking sector...
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JAFZA ‘Open For Business’: Empowering Dubai’s Economic Growth

JAFZA ‘Open For Business’: Empowering Dubai’s Economic Growth

Abdulla Al Hashmi, Chief Operating Officer, Parks and Zones, DP World UAE

Dubai’s thriving economy owes its success to a long-term commitment to diversification, constant innovation, and an enabling business environment. The emirate’s strategic investments in sectors such as trade and logistics, among others, have made it a global hub for...
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UAE Corporate Tax Pertinent Questions – All You Need To Know

UAE Corporate Tax Pertinent Questions – All You Need To Know

Ravishanker V, Director - Taxation, Kreston Menon

Background According to the UAE Federal Decree-Law No. 47 of 2022 on taxation of corporations and businesses (UAE CT Law), businesses will become subject to Corporate Tax UAE (CT) from the beginning of their first financial year which starts on or after 1 June...
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UAE’s free zone businesses await 0% ‘qualifying income’

UAE’s free zone businesses await 0% ‘qualifying income’

Gulf News

Businesses, their owners, and auditors in the UAE are awaiting the next big update on the corporate tax – the one related to ‘qualifying income’ for free zone entities and on which they get the 0 per cent tax benefit. A decision on this is ‘imminent’, according to...
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After CEPA, dirham-rupee trade set to be next big thing

After CEPA, dirham-rupee trade set to be next big thing

Gulf News

UAE AND INDIA MARK THE FIRST YEAR UNDER THE LANDMARK AGREEMENT A year after the UAE-India Cepa deal came into effect, the stage is set for the next big bang in trade and investment flows between the countries – a dirham-rupee payment mechanism. When that happens,...
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UAE’s Free Zone Companies Have Lots of Tax Planning to Do

UAE’s Free Zone Companies Have Lots of Tax Planning to Do

Gulf News

Those with Mainland Operations Await Signal on Extent of their ‘QUALIFYING INCOME’ Businesses operating out of UAE free zones and with a considerable presence on the mainland are thinking of possible restructures to the organization to absorb the upcoming...
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