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We believe that Environmental, Social and Governance (ESG) imperatives will accelerate the massive and fast transformation of our region.

Alex Veitch, Director of Policy and Public Affairs at the BCC, said:

“The Government’s Energy Strategy is a welcome step in the right direction which will help meet our Net Zero targets and reduce firms and households' exposure to volatile global energy markets in the long term.

Multi National Companies response to Russia-Ukraine Conflict

UK economic growth is expected to halve this year amid soaring inflation, major tax rises, and global shocks - including Russia’s invasion of Ukraine. UK economic growth is expected to halve this year amid soaring inflation, major tax rises, and global shocks - including Russia’s invasion of Ukraine.

On 28th February, in line with the start of the recovery phase of the COVID-19 pandemic, supported by the community's commitment to preventive measures. Abu Dhabi Emergency Crisis and Disasters Committee approves removal of EDE scanners and requirements to enter Abu Dhabi emirate from the within the UAE.

Updated guidelines for events in February 2022

On 26th February, following positive indicators signalling the recovery phase of the COVID-19 pandemic, supported by the community's commitment to preventive measures. Abu Dhabi Emergency Crisis, Disasters Committee approves reduced precautionary measures.

“Businesses will welcome the ambition of the Prime Minister that inches us closer to pre-pandemic trading conditions. However, for many firms, this move will not be without its challenges and Government must not pass public health decisions on to the business community, who are not public health experts."

On 15th February, global icons Coldplay performed a never-before-seen show as they showcased songs from their new album ‘Music of the Spheres’ before they kick-off their world tour in March.

The UAE will introduce a federal Corporate Tax on business profits effective for financial years starting on or after 1 June 2023. The UAE Corporate Tax regime has been designed to incorporate best practices globally and minimise the compliance burden for UAE businesses.