G20 validates a 15% global minimum tax for multinationals

G20 leaders unanimously approved a 15 percent global minimum tax on large corporations, official sources said. “Today, all G20 leaders approved a historic agreement on new international tax rules, including a global minimum tax,” said Janet Yellen, U.S. Treasury Secretary, Read more

Saudi TDF launches $400m tourism development fund with UK-based Ennismore

Saudi Arabia’s Tourism Development Fund (TDF) entered into a deal with UK-based hospitality company Ennismore to establish a $400 million fund that will help bring Ennismore’s lifestyle brands to 12 destinations in the kingdom, reports say. Per the deal, TDF Read more