Daily Archives: May 28, 2017

A.M. Best Briefing: VAT Implementation Poses Significant Challenges for GCC Insurers

Uncertainty persists as to when precisely Value Added Tax (VAT) will be introduced in the member states of the Gulf Cooperation Council (GCC), and the process surrounding a roll-out. However, given the fiscal pressures in the region, the introduction of taxation seems inevitable and could cause short-term cash-flow issues for insurers. read more

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How You Can Alter the Strength of Your Passport – And Why You Should

Micha Rose Emmett

Across the world, the social and political landscape appears to be becoming increasingly turbulent. When conducting business on an international scale, there are already several challenges to contend with; ranging from unpredictable markets and currency exchange rates, to time zones and managing teams across continents – but there is one aspect that you have the potential to take some control over – your passport. read more

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Patchi Holds Ground-breaking Ceremony for Region’s Largest Chocolate Manufacturing Facility at Dubai Industrial Park

122,000 sq feet facility to include production zones, stores, service areas and Patchi’s new state-of-the-art headquarters read more

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Advertising and Retail Sector are Leading Economic Activities in Dubai.

Advertising – including campaigns, promotions, trade fairs are booming in Dubai as this reflects in permits being issued to this sector of the Emirates economy. Over the first quarter of this year, the Dubai Economy has witnessed 1,604 advertising permits being issued by the business registration and licensing (BRL) sector. These permits are issued to help standardize the activities, products, and services rendered by the various types of economic activities in Dubai. The permits help businesses to communicate their activities and increases its demand. read more

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Konica Minolta and Juma Al Majid HOLD WORK FLOW SOLUTIONS SEMINAR

Industry experts talked about the latest technological developments in the area of Business Visibility with Structured Process Enhancement Practices read more

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