
I welcome all those of you who are back from what must have been a well-deserved break from routine. Those of you who were not so lucky can take solace from the fact that the UAE with its air-conditioned comfort must have been a paradise compared to the sultry heat this summer in most other parts of the world.
We are privileged to feature a column by Shaikha Lubna Al Qasimi, CEO of Tejari.Com, who exemplifies the entrepreneurial spirit of the UAE. Shaikha Lubna shares her thoughts on how business in the middle east is evolving and the role her organisation will play in this evolution.
Thinking of acquiring a business? Stop and read the article on financial due diligence. You may save yourself from stress resulting from an ill-thought acquisition.
In a significant regulatory development, the Government of India has decided to de-recognize OCBs as a separate eligible class of investor for making investments in India. This is examined in detail.
A recent Supreme Court decision in India has re-affirmed the status of Mauritius tax residents. See our article on the outcome of the case.
We have our usual updates on Oman and on the Offshore front. Please feel free to write (update@pkfuae.com) if you have an opinion on any of the matters covered.