Indian IT Industry to Invest $3 Million in Bahrain
There are seven IT companies that are interested in investing approximately $3.1 million or 210 crore rupees for Bahrain company formation.The monetary investment will help to improve Bahrain’s technology and communication.
SaaS accounting solutions to help businesses tide over the Coronavirus crisis
The world economy is staggering under the pressure of the CoVID-19 pandemic, which has now affected nearly 193 countries and impacted the livelihood of countless people all over the globe. As social distancing is the norm now, the businesses of all sizes are finding it hard to maintain a smooth run.
Chan Chun Sing announces support packages to help businesses for the next three to six months
Mr Chan Chun Sing, the Trade and Industry Minister of Singapore, recently announced that the Government has multiple relief measures planned to be executed to support the workers and businesses in the coming 3-6 months, as the CoVID-19 outbreak continues to threaten the country.
Free Zones in Dubai Have Extended ESR Submission Deadline to June 30
ESR or Economic Substance Regulation submission had the deadline of March 31, but due to the pandemic of COVID-19 in these days, a few free zones have extended the deadline for the companies. As they postponed the deadline for the companies, Younis Haji Al Khouri, Undersecretary at the Ministry of Finance recently announced the fact that the cut-off date is June 30 and they will make certain that all the regulations are followed as per the deadline, given by the Ministry of Finance.
Organizers of Expo Discover the Postponement by One Year for COVID-19
Recently Expo Dubai has conducted a virtual meeting of the Steering committee with all representatives from different nations. They discussed the ultimate impact of Coronavirus, COVID-19 which has impacted the Global preparations of Expo 2020 Dubai.The nations that took part in it explained the worldwide precautionary measures to the Steering Committee.