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Press Dossier   By Date  15/01/2023
Lights, sound, camera …and tax!
In case you have not heard, a state tax authority in India has raised a VAT demand of about Dh1.2 million for the year 2012/2014 on a movie actor. The tax demand relates to the actor’s earnings from product endorsements and from anchoring at award functions.
Dubai real estate continues growth momentum with record transactions in 2022
The Dubai’s real estate sector continued its growth momentum in December to conclude the year on positive note as the residential rents and transactions hit record highs in 2022.
Saudi inflation rises 3.3% year-on-year in December 2022: GASTAT
Saudi Arabia’s annual inflation rate rose by 3.3 percent in December 2022, compared to the same period in 2021, according to the latest report released by the Kingdom’s General Authority for Statistics.
Sustainability and speed are key to fueling Saudi Arabia’s mining industry
When Saudi Arabia’s Crown Prince Mohammed bin Salman announced the Kingdom’s Vision 2030 plan in 2016, skeptics were doubtful about how a nation which has been dependent on oil for several decades could diversify its economy successfully.
MoH conference on blood diseases
Minister of Health, Dr Ahmad Al-Awadhi opened the Fifth Best of Ash 2022 Conference on the latest developments in blood diseases. The conference was held Saturday with the participation of 16 lecturers from different countries of the world.
Zain Iraq finalizes sale and leaseback of 4,968 towers to TASC Towers Iraq
Zain Group announced that its operation in Iraq has entered into a definite 15-year agreement to sell and leaseback, as well as the management rights of the passive physical infrastructure of its 4,968 tower portfolio in Iraq to TASC Towers Iraq for $180 million.
High inflation, rising interest rates sent bond market crashing in 2022
Persistent inflation and rising interest rates across the globe sent bond markets tumbling resulting in the biggest decline in the benchmark since at least 1990.
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