I have been on the investor relation’s side during the two previous crisis and found that transparency and communication with investors during a severe crisis is extremely important and helpful for future fund raising. A well documented crisis impact and scenario analysis is essential. Feel free to drop me a line for tips: email@example.com.
At the invitation of Dalma Capital I had the fun experience of attending the ringing of the opening bell (…more like a ‘dong’) for Manrre at Nasdaq Dubai. At the same time I learned a lot about the exchange. Some key highlights: Nasdaq Dubai is the international financial exchange in the Middle East. The exchange … More Ringing of the opening bell at Nasdaq Dubai
At Arab Health, one of the world’s largest medical conferences, held in Dubai. I have been told that more than 55,000 healthcare and trade professionals and 4,250 exhibiting companies from over 64 countries are participating this year.
Great forum for stimulating discussion and connecting to like minded people. Good summary in Barrons on Davos and the 13 ESG trends to watch in 2020: https://www.barrons.com/articles/13-esg-investing-trends-to-watch-for-in-2020-51580385602
Effective 27 September 2019, the Saudi Arabian (KSA) Government formally opened its doors to tourists from all over the world. I left it one month, for any issues to be ironed out, and then tested the new online Saudi tourist visa, using http://www.ivisa.com. On their website it says they are recommended by the BBC. That … More The new online Saudi tourist visa
I visited Jebel Ali Free Zone last week with one of my Clients from Europe and was impressed. Jafza was first launched in 1985 and covers over 57 square km. It contributes to over 20% of Dubai’s GDP. The freezone is connected to Jebel Ali Port and custom bounded with Al Maktoum International Airport. Jafza offers … More JAFZA Jebel Ali Free Zone (Dubai, UAE)
Deloitte has published useful research notes on the 5% VAT that will be introduced in the UAE in 2018. Deloitte is among the region’s leading professional services firms, providing audit, tax, consulting, and financial advisory services through 26 offices in 15 countries with more than 3,000 partners, directors and staff. It is a Tier 1 … More The UAE Government is planning to introduce VAT on 1 January 2018.
Morgan Lewis published a very helpful article exploring the rules governing marketing in the UAE of interests in foreign (non-UAE) funds, and in particular the various exemptions from the general requirement that such foreign funds be registered with the Securities and Commodities Authority of the UAE and marketed in the UAE by locally licensed placement agents. Conclusions of the article: … More Regime for Marketing Foreign Funds in the UAE
21/04/2017 –Today at the OECD Headquarters in Paris, His Excellency Muadid Hareb Mughair Al-Khaili, Ambassador of the United Arab Emirates to France, signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters in the presence of the OECD Deputy Secretary-General, Rintaro Tamaki. The Convention’s impact grows with each new signatory; it also serves as the … More The United Arab Emirates become the 109th jurisdiction to join the most powerful multilateral treaty against offshore tax evasion and avoidance
Excellent piece explaining in plain English how to set up a conpany in the UAE. See: https://www.linkedin.com/pulse/10-ten-questions-asked-my-clients-who-want-set-up-uae-teodoresco?trk=v-feed&lipi=urn%3Ali%3Apage%3Ad_flagship3_feed%3B0c0Wd2h8SI7%2F7soUEcIJXQ%3D%3D After years of experience helping foreign companies set up in the UAE, I can say pretty confidently that you know which questions are most likely to come out from your clients. It does not mean that a client … More 10 ten questions asked by my clients who want to set up in the UAE, by Alexandre Teodoresco