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Scotiabank looks to tap brakes on deals after six-month buying binge

Bloomberg After five deals in six months, Bank of Nova Scotia is taking a breather. “We’ve got a lot of work to do in terms of execution and integrations now, so I think we’ll be fairly quiet on the acquisition front from here on in,” Chief Executive Officer Brian Porter told BNN Bloomberg in a TV interview set to air ...

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Botswana urges tax reform before diamonds dwindle

Bloomberg Botswana relies on the gemstones for almost a fifth of its gross domestic product and used the revenue generated from sales to transform the nation from an economic backwater into one of the continent’s wealthiest societies. However, their role is set to diminish over the next 20 years and successive governments have struggled to diversify the economy. Although the ...

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Abu Dhabi waives corporate fines to stimulate growth

ABU DHABI / WAM On the occasion of the Year of Zayed 2018, the Department of Economic Development (DED) in Abu Dhabi has declared that it is exempting the establishments whose licences have expired for more than 24 months and who have applied for renewal, liquidation or cancellation of trade licence from paying all delayed and accumulated fees. Khalifa Bin ...

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