Dubai Land Department and Dubai FDI cooperate to attract foreign direct investment

Dubai: Dubai Land Department (DLD) and Dubai Investment Development Agency (Dubai FDI) joined forces to lay down a general framework that would enhance foreign direct investment (FDI). The framework aims at expanding the scope of promotions and knowledge sharing as well as organising joint activities that will directly serve the strategic objectives of the emirate. […]

Tabreed and IFC to set up a district energy investment platform

Abu Dhabi: National Central Cooling Company PJSC (Tabreed) and the International Finance Corporation (IFC), a member of the World Bank Group, are planning to establish a district energy investment platform in Singapore. The new venture will invest in district cooling, trigeneration and cooling as a service offering with primary focus on India followed by other […]

Invest in your future: The rise of citizenship and residency by investment

A global crisis has a way of putting things into perspective, while obliterating the status quo. Before Covid-19, for some people having good connections and money to burn could buy them the right to live pretty much anywhere. Then the pandemic happened and for the first time in modern history, nations around the world began […]

UK Budget: Sunak extends COVID rescue plan but companies to pay more tax from 2023

London: UK finance minister Rishi Sunak announced a costly extension of his emergency aid programmes to see Britain’s economy through its current coronavirus lockdown, but announced a tax hike for many businesses as he began to focus on fixing the public finances. Delivering an annual budget speech on Wednesday, Sunak said the economy will regain […]