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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.

Updated guidelines for events in December 2021

In December 2021, BBG Abu Dhabi celebrated its 25th anniversary and announced its intention to become British Chamber of Commerce Abu Dhabi in January 2022. Read the story of the organisation's strategic review that led to the transition, the rebrand, the changes to governance, and the benefits for members of BCC AD.