Studies have consistently shown that shoppers care about sustainability now more than ever. Food and beverage companies are taking note and making pledges to make their portfolios more eco-friendly.
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PIF RANKS FIRST AMONG 100 WEALTH FUNDS IN THE MIDDLE EAST
According to Global SWFs Governance, Sustainability, and Resilience (GSR) rating, the Saudi Public Investment Fund (PIF) rated seventh globally and first in the Middle East among 100 sovereign wealth funds. The worldwide organization’s 44-page report included a special section titled ‘Champions in Sustainability: The Public Investment Fund’. In November 2022, the PIF became the first […]
Bahrain to Impose 15% Minimum Tax on Large Multinational Enterprises Starting January 2025
Bahrain is set to introduce a significant tax reform aimed at multinational enterprises (MNEs), with the government implementing a domestic minimum top-up tax of 15% on large corporations beginning January 1, 2025. This new tax regulation will apply to multinational companies with global revenues exceeding $828.23 million (EUR750 million), as reported by the Bahrain News […]
PIF ranks top in Mideast, 7th worldwide for scoring high in GSR
RIYADH: Saudi Arabia’s Public Investment Fund ranked first in the Middle East region and seventh worldwide among 100 global state-owned funds for scoring high in governance, sustainability and resilience practices, according to the evaluation of the Global Sovereign Wealth Funds. Read the full article here mindfield
M&A Advisors Facilitate Mega Deal Between Off-Price Retailer and Global Giant TJX
In a significant development within the retail sector, leading M&A advisors have successfully advised the off-price retailer, Brands for Less, in its strategic partnership with TJX, a global leader in off-price apparel and home fashion retail. The landmark deal is expected to create far-reaching opportunities for growth, further positioning Brands for Less as a key […]