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Jonathan Seeto, Managing Partner, PwC Papua New Guinea: Viewpoint
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Viewpoint: Jonathan Seeto Although it is difficult to believe that anything good could come from a global pandemic, the current crisis and Papua New Guinea’s capacity to respond has acted as a wake-up call for the country to identify its priorities for the future. PNG has promising development prospects and an opportunity to dramatically improve social outcomes, but we may need to make fundamental…
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Prime Minister James Marape: Viewpoint
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Viewpoint:James Marape The election of the current administration arose from a collective desire to “Take Back PNG”. Dreams are free, but the work of reconstruction must start now. Papua New Guinea is blessed with abundant natural resources and, by developing these resources under better term sheets, it is possible for us to achieve our main objectives by 2030. The first year of my tenure…
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John Leahy, Principal, Leahy PNG Law: Viewpoint
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Viewpoint:John Leahy Parliament passed the Mining Amendment Bill 2020 and the Oil and Gas Amendment Bill 2020 on July 10, 2020. These bills will significantly change the mineral, and oil and gas sectors, and will take effect following their certification by the speaker of Parliament. The mining bill intends to give the state an avenue to directly participate in mineral exploration and mining…
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President Abdel Fattah El Sisi: Viewpoint
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Viewpoint:Abdel Fattah El Sisi Pandemics require the world to unite and act promptly to curb the spread of diseases and find vaccines. Vaccines must be available to everyone when they are developed, because protecting humanity against such health threats is the responsibility of the world as a whole. Since the beginning of the Covid-19 crisis, Egypt has provided assistance to a number of countries…
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Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud: Viewpoint
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Viewpoint:Mohammed bin Salman bin Abdulaziz Al Saud The government’s economic renewal of the Kingdom is progressing steadily in accordance with Saudi Vision 2030. The budget for 2020 reflects and reinforces our commitment to implement reforms, plans and programmes to achieve our vision, setting specific goals in a number of areas to help create a vibrant and ambitious society, as well as a…
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Mohamed Hammouda, Executive Partner, RSM Egypt: Viewpoint
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Viewpoint:Mohamed Hammouda There are two key shifts shaping the tax and accounting environment in Egypt. The first is the Covid-19 pandemic, which is having a far-reaching impact across a range of sectors, from health care to manufacturing and retail. The need for social distancing has not only resulted in curfews and stay-at-home orders, but has also reshaped office cultures. It is also affecting…
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Narendra Modi, Prime Minister of India: Viewpoint
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Viewpoint:Narendra Modi The UAE is among our most valued allies and a close friend in an important region. The UAE is an important partner in our growth story, and we welcome the UAE’s interest in investing in our infrastructure. We are working to connect institutional investors in the UAE with the National Investment and Infrastructure Fund, and we have become a key partner in infrastructure…
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Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs: Viewpoint
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Viewpoint:Mansour bin Zayed Al Nahyan The UAE – under the leadership of Sheikh Khalifa bin Zayed Al Nahyan, president of the UAE and ruler of Abu Dhabi, and Sheikh Mohammed bin Rashid Al Maktoum, vice-president and prime minister of the UAE, and ruler of Dubai – is capable of overcoming crises. This is due to both the capacities of the country and the efforts of its citizens and residents.…
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Sultan Al Jaber, UAE Minister of Industry and Advanced Technology; and Group CEO, Abu Dhabi National Oil Company (ADNOC): Viewpoint
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Viewpoint:Sultan Al Jaber Today’s challenging economic landscape has highlighted the attractiveness of the UAE’s safe, reliable and stable business environment. Completing large and complex transactions in a complicated economic and business environment like the one we are all experiencing only demonstrates the continued confidence of the global investment community in the UAE as an investment…
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Mark Schofield, Partner, PwC Middle East Tax & Legal Services Leader: Viewpoint
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Viewpoint:Mark Schofield The UAE continues to be an attractive destination for international investors and a centre for businesses in the MENA region for a number of reasons. In order to remain a competitive environment for businesses and foreign direct investment, the UAE has continued its drive for business-friendly regulatory and legislative framework. Changes such as the reduction of business…