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Orange Belgium completes the acquisition of a 75% stake minus 1 share in telco operator VOO SA

Orange Belgium completes the acquisition of a 75% stake minus 1 share in telco operator VOO SA
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MoF issues Corporate Tax Decisions on Intra-Group Transfers, Determination of Taxable Income, Restructuring Relief

Abu Dhabi [UAE], May 31 (ANI/WAM): The Ministry of Finance (MoF) has issued three new Ministerial Decisions for the purposes of Federal Decree-Law No

Al khouriAbu dhabiTax authorityMinistry of finance moMinisterial decisionsFederal decree lawMinisterial decisionQualifying groupBusiness restructuring reliefGeneral rulesDetermining taxableHaji al khouriCorporate taxTax returnDetermining taxable incomeRelated parties

Emirates invests US$ 135 million in new pilot training centre

Emirates will soon build an advanced training facility to accommodate 6 Full Flight Simulator Bays (FFS) for its future Airbus A350 and Boeing 777X aircraft. The brand new, 63,318 sq. ft. facility is slated to open in March 2024. His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive Emirates Airline and Group, said: […]

Sri lankaNorth westernSri lankanJason avanceSarvodaya shramadhana movementSintra groupManaging directorCare packageVillages sri lankaVacuum bandFull yearTotal salesDomestic sales growthNet profitAnnual general

Bull-run at CSE driven by continuing hopes of IMF bailout without Chinese re-assurances

By Hiran H. Senewiratne. CSE trading activities were bullish throughout yesterday on hopes that the IMF may proceed with approval for Sri Lanka’s USD 2.9 billion bailout without the need for assurances of support from the Chinese government side, stock market analysts said. Other positive factors for the market to perform well were the declaration […]

Sri lankaNorth westernSri lankanJason avanceSarvodaya shramadhana movementSintra groupManaging directorCare packageVillages sri lankaVacuum bandFull yearTotal salesDomestic sales growthNet profitAnnual general

Nestlé Lanka records strong performance in 2022

Continues to contribute positively to Sri Lanka amidst unprecedented challenges The Board of Directors of Nestlé Lanka, 20 February 2023, approved results for the fourth quarter and full year ended 31 December 2022. Sharing his thoughts on the results, Jason Avanceña, Managing Director of Nestlé Lanka said “It gives me immense pride to witness the […]

Sri lankaNorth westernSri lankanJason avanceSarvodaya shramadhana movementSintra groupManaging directorCare packageVillages sri lankaVacuum bandFull yearTotal salesDomestic sales growthNet profitAnnual general