UAE’s strategic assets gain backup as DP world and CDPQ assures US $5 billion investment
DP World, an Emirati multinational logistics company based in Dubai, United Arab Emirates, that operates world-scale port terminals, and the Canadian institutional investor — Caisse de dépôt et placement du Québec (CDPQ) declared an investment of $5 billion in 3 powerhouses of DP World’s flagship assets belonging to UAE. The three flagship assets in question…
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Tax havens used by European Banks for profits
Top banks in Europe to book chunks of profits, continue to use tax havens. This is a trend that has changed little since 2014. Even though, country-by-country disclosures becoming mandatory, the EU Tax Observatory reported this. The independent research body, which is co-financed by the European Union, said that the disclosures which are from 36 major…