BusinessLatest Business and Company Updates
IHC Moves to Commanding Role in India’s Housing Finance Sector
A major cross-border deal is underway as Abu Dhabi’s International Holding Company will invest about ₹8,850 crore to acquire a 43.5 per cent stake in Sammaan Capital, formerly Indiabulls Housing, making IHC the company’s key promoter and granting it control over board appointments.Sammaan Capital, a publicly listed
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Emirates expands China reach through Loong Air tie-up
Emirates has signed an interline agreement with China’s Loong Air, widening its access to 22 additional destinations across the mainland and strengthening its competitive position in one of the world’s most strategically important aviation markets.The arrangement, effective immediately, enables Emirates
Saudi and Hong Kong Firms Launch Massive Aluminium Hub
Aluminium Products Company of Saudi Arabia and Hong Kong–based Asia Aluminum Group have inked a master framework agreement to build the largest integrated downstream aluminium industrial complex in the Kingdom, with planned investment reaching up to USD 500
Common VAT Return Filing Mistakes UAE Businesses Make
VAT filing errors are surprisingly common. Most aren't intentional—they're honest mistakes that happen because the rules are easy to misunderstand or because records are disorganized. The problem is that the tax authority doesn't distinguish between careless errors and intentional fraud.
