New Business Innovation Center in Amchit, Lebanon
Berytech and Michel Issa Foundation for Local Development (MIF) have signed a pact for the establishment of a business innovation center in Amchit, Lebanon. This will be the first innovation center of its kind outside of Beirut. The new business center aims to foster innovation, economic development, entrepreneurship and job creation in the region.
Beneficial Ownership in Today’s World
Who really owns the right to income? And are they declaring it? These are the obvious two questions that tax authorities around the world want to ask. And a third question is, are intermediary entities within a group structure entitled to be separately treated as if they own the income rather than the ultimate beneficial owner?
Iran and France’s Total inked for South Pars Gas Field
The international contract to develop the phase 11 of South Pars Gas Field in the framework of IPC (Iranian Petroleum Contract), has been signed on Monday 03 July between France’s Total and Iran.
Global support for Iran in FATF meeting in Spain
In the meeting of Financial Action Task Force on money laundering (FATF) in Spain, support for Iran was extraordinary. EU members and many other countries have appreciated the progress of Iran in anti-money laundering activities.
Lebanon investment opportunities and incentives
Lebanon has a lot to offer to foreign investors on numerous diverse fields. It has a preferential geographical location, free market economy, a competitive business environment and highly educated labor force.
Cobalt Air operates direct flights from Larnaca to Tehran
New direct flight from Larnaca to Tehran by Cobalt Air, will be available from 13 July 2017, every Thursday. Furthermore, from 07 August 2017 it will increase to 2 flights per week, Monday and Thursday.