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India to further ease tax rules to boost investment

Bloomberg India is committed to further improving its people-friendly tax regime, Prime Minister Narendra Modi said, as Asia’s third-largest economy seeks to attract more overseas investment to spur growth. The government has cut corporate tax rates and introduced a nationwide goods-and-services charge to integrate the nation’s economy, Modi said in a speech at Aditya Bira Group’s golden jubilee celebrations in ...

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Dubai Chamber, FAB sign MoU on digital trade

DUBAI / WAM Dubai Chamber of Commerce and Industry signed a Memorandum of Understanding (MoU) with First Abu Dhabi Bank (FAB), which will align the efforts of the two entities to digitise, facilitate and simplify trade processes in the UAE. The MoU was signed by Hamad Buamim, President & CEO of Dubai Chamber and Andre Sayegh, Deputy Group CEO & ...

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Emaar Malls nine-month net profit up 6% to AED1.732bn

Dubai / Emirates Business Emaar Malls, the shopping malls and retail business majority-owned by Emaar Properties, recorded an increase in revenue by 6 per cent during the first nine months (January to September) of 2019 to AED3.412 billion, compared to the revenue of AED 3.232 billion during the same period in 2018. Net profit for the period ending September 30 ...

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