Barclays announced today (4 September) the appointment of Bjorn Holderbeke as MENA Head of Global Investments and Solutions (GIS) for its Private Bank
Business & Management
District cooling market in the Middle East to exceed US$12bn by 2024: Global Market Insights
The district cooling market in the Middle East will exceed US$12bn by 2024, said the US-based Global Market Insights, noting that the increasing infrastructure development in the GCC countries and rising demand for cost-effective cooling systems are the main drivers for the growth of district cooling market
Macro appoints Emma Harvey in FM consultancy team in the Middle East
International facilities management (FM) company Macro has announced the appointment of Emma Harvey to its FM consultancy team in the Middle East and said that she will be based out of the company?s Dubai office
UAE President issues Decree-Law on VAT
Shaikh Khalifa Bin Zayed Al Nahyan, the President of the UAE, has issued the Federal Decree-Law No 8 of 2017 for Value-Added Tax (VAT) at a standard rate of five per cent, which will be imposed on the import and supply of goods and services at each stage of production and distribution including what is deemed to be a supply
Saudi Arabia to launch second local currency sukuk programme
Saudi Arabia plans to launch its second local currency sukuk issuance next week, beginning 20 August