RAS AL KHAIMAH / WAM Ras Al Khaimah Economic Zone (Rakez) has organised a seminar to familiarise members of its business community with the latest trends in the UAE’s federal corporate tax. During the event, the Rakez team highlighted the importance of understanding the implications of corporate tax for different businesses, and the necessity of registering companies, maintaining accurate accounting …

BLOOMBERG Leader Energy Holding Bhd is preparing for an initial public offering in Malaysia and is seeking to raise as much as       2 billion ringgit ($433 million), according to people with knowledge of the matter, in what would be the country’s biggest first-time share sale since 2017. The Kuala Lumpur-based power company plans to submit its draft prospectus to the …

BLOOMBERG AGL Energy Ltd said it would massively expand its production of clean energy as it abandons coal-fired power plants. The company will spend as much as A$10 billion ($6.9 billion) of its own money to build new facilities, including with debt-financing, Chief Financial Officer Gary Brown said. The Australian coal giant, which came under attack from billionaire climate activist …