Italian automaker Fiat on Monday inaugurated its first assembly and manufacturing plant in Algeria, in a move that is expected to revive the country s automobile market. The opening of the Fiat plant, in the northwestern Algerian city of Oran, marks the first car manufacturing facility to be inaugurated under Tebboune, according to the Algerian news website TSA. "Given Italian manufacturer Fiat s popularity, the brand was chosen to be the first manufactured locally," Algeria s industry minister Ali Aoun said during the plant s opening ceremony.
Welcome to the festive edition of the Conyers Private Client & Trust Bulletin, where we update on recent matters of interest from our jurisdictions of Bermuda, BVI and the Cayman.
Never content to be left out of the competition for wealth management of ultra-high-net-worth families from Singapore and Dubai, Hong Kong recently enacted a new tax concession regime.
Australians who carefully saved up through self-managed super funds are set to be walloped with a brutal new tax that could leave some struggling to pay their bills.
Labor have accused the Greens of siding with the Coalition and playing their “usual political games” in the latest move of what Prime Minister Anthony Albanese calls the “No-alition”.