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Announcement of Intention to Float on the Dubai Financial Market


Announcement of Intention to Float on the Dubai Financial Market
DUBAI, UAE, March 23, 2021 /PRNewswire/ Tristar Transport (PJSC - under incorporation) ( Tristar or the Company or, with its subsidiaries and subsidiary undertakings, the Group ), a leading global integrated liquid logistics solutions provider headquartered in Dubai, UAE, today announced its intention to proceed with an initial public offering (the IPO or the Offering ) on the Dubai Financial Market ( DFM ).
Established in 1998 as a road transport service provider for the petroleum industry in the UAE, Tristar has evolved into a leading integrated energy logistics company serving a diversified customer base of blue-chip investment grade companies. The Group has operations in 21 countries and territories across three continents and has over 2,000 road transport assets and 35 maritime vessels, including the operation of 69 fuel farms and over 100 remote fuel sites, providing a wide spectrum of integ ....

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Qatar Financial Centre Issues New Tax Exemption for Defense and Security Companies | Miller Canfield


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The Qatar Financial Centre Authority ( QFCA ) Tax Department have issued a Concessionary Statement of Practice (the Statement ) providing for an exemption to Qatar Financial Centre ( QFC ) companies performing contracts in the defense and security sector in the State of Qatar.
The intent behind the Statement is to offer defense and security companies engaged in significant projects in Qatar the incentive to use the QFC as their platform.  
The exemption will be granted to companies which fulfill the following substantive criteria, in addition to a few administrative criteria listed in the Statement: ....

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