“A son can bear with equanimity the loss of his father, but the loss of his inheritance may drive him to despair” – Machiavelli -16th Century
It wasn’t long ago that economists were worrying about the threat of a populist takeover in the Europe and predicting an investment led boom in the USA.
The Middle East is on the cusp of a major e-commerce growth spurt, underpinned by the move by Amazon into the region with its acquisition of Souq.com. With a dynamic, young population and one of the highest global per capita internet penetration levels, the online spending potential is quickly emerging as one of the highest in the world.
Turn on the TV, flip open a magazine or log on to the Internet and chances are you’ll see a headline about how to quickly drop unwanted weight using the latest exercise fad or diet craze.
The Middle East is on the verge of a massive digital disruption - the cross-border data flow connecting the Middle East to the world has increased by more than a hundred times. Citizens themselves are leading the Middle East’s digitisation charge.
Generally, there are two types of taxes: Direct and Indirect taxes. VAT falls under the indirect tax regime.
VAT (Value Added TAX), also called as ‘tax on consumption’ by some economists, is simply a tax that is payable while purchasing any product.
Morgan Gatsby, a diversified financial services business, focuses on investment banking, wealth management and corporate advisory, meeting the needs of corporates, families and individuals, including a number of the leading names in the Middle East and beyond.
The Middle East is on the cusp of a major e-commerce growth spurt, underpinned by the move by Amazon into the region with its acquisition of Souq.com.
Growing demand for probiotic products, functional foods, innovative product packaging, and demand for natural and herbal ingredients are some of the top emerging market trends driving the health and wellness F&B market globally.
Sauid Arabia wants to list a minority of Aramco’s shares in what could be the world’s largest-ever initial public offering, planned for the second half of 2018. However, the company needs to be separated from the governance of the Kingdom first.
Prime Minister Theresa May could lose control of parliament in Britain's June 8 election, according to a projection by polling company YouGov, raising the prospect of political deadlock just as formal Brexit talks begin.
PSA Agrees to Buy GM’s European Brands in $2.3 Billion Deal PSA Group agreed to buy General Motors Co.’s Opel unit in a transaction valued at 2.2 billion euro ($2.3 billion), creating Europe’s second-largest carmaker in a bid to better compete in the region’s saturated market.
Japan's SoftBank Group is close to making an investment in U.S. office-sharing startup WeWork expected to be worth over $3 billion as it expands its reach beyond tech and telecoms.
If there’s one lesson Silicon Valley can learn from Snap Inc.’s trading debut, it’s that investors in initial public offerings are again willing to stomach the uncertainty of betting on hopeful..
Bitcoin continues to gain ground on gold after climbing above it for the first time on March 2, 2017. The cryptocurrency trades up 2.6% at 1271 a coin while the yellow metal is down 0.6% at $1232 per ounce.
Aberdeen Asset Management PLC and Standard Life PLC are in talks over a merger that would create one of the U.K.'s biggest asset managers, worth more than GBP11 billion ($13.5 billion), according to people familiar with the matter.
Federal Reserve Chair Janet Yellen is giving her economic outlook at the Executives' Club of Chicago on Friday, representing her last scheduled public remarks before the central bank's March 14-15 meeting.
In the last two and half years, the administration has moved from discretionary, favouritism based to system and transparency based. Inflation has been brought under control with CPI-based inflation declining from 6% in July 2016 to 3.4% in December, 2016.