MDP, continues to solidify its position as a trusted payments powerhouse across the Middle East and Africa by partnering with BPC to build built a next-generation third-party processing center using BPC’s SmartVista platform. MDP-A long-standing leader in Africa’s card issuing and processing industry in partnership with BPC, global payment solutions provider, has leveraged the latter’s … Read more
Lucid Group share (NYSE: LCID) is trading sharply higher today after the company announced a partnership with autonomous tech company Nuro, Inc., and Uber Technologies (NYSE: UBER) to launch a next-generation premium global robotaxi program, exclusively for the Uber platform. This strategic collaboration aims to deploy 20,000 or more Lucid vehicles, specifically the new Lucid … Read more
Understanding Offshore Companies in the UAE Offshore companies in the UAE are independent legal entities with rights similar to natural persons. Historically, their tax treatment has been a gray area, creating uncertainty for businesses. However, the UAE’s Federal Tax Authority (FTA) has recently clarified the tax obligations for these entities, bringing much-needed transparency. Key Updates … Read more
Chevron has prevailed against Exxon Mobil in a dispute over Hess Corporation’s offshore oil assets in the South American nation of Guyana, Exxon CEO Darren Woods told CNBC’s Becky Quick on Friday. The ruling by the International Chamber of Commerce in favor of Chevron clears a path for the oil major to complete its $53 … Read more
Paychex is partnering with SoFi to offer employees access to personal finance tools like loan refinancing and debt management through its digital benefits marketplace. Employees cover the cost of the tools via payroll deduction, which means the employer gets to offer the tools at no cost. This move helps even small businesses stay competitive in … Read more