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Birthday : 08/27/1959
Place of birth : Kent - United Kingdom
Biography : Guy Hands was educated at Ravenscroft Scool in Beckington and Judd Scholl Tonbridge. He was a...
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Bahrain Islamic Bank B S C : outlook in spotlight

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12/04/2016 | 09:06am CET

Manama: Bahrain should promote its current no-taxation business structure more aggressively to attract new businesses to its industrial zones, said an expert on international taxation. Chartered accountant Sanjiv Chaudhary was speaking on the sidelines of the eighth International Conference of the Bahrain Chapter of the Institute of Chartered Accountants of India (BCICAI) under the theme "Challenges Create Opportunities".

"Bahrain has a huge advantage in that it levies no corporate tax. I believe that the kingdom must promote special economic zones and create a base for new businesses, create support infrastructure that will drive growth," he said.

The annual conference, held under the patronage of Industry, Commerce and Tourism Minister Zayed Al Zayani, was attended by more than 400 chartered accountants from Bahrain, India and the GCC. A key focus this year has been Bahrain's outlook for 2017 and a panel discussion was conducted with KPMG Fakhro managing director Jamal Fakhro moderating and inputs from Bahrain Islamic Bank chief executive Hassan Jarrar, Economic Development Board chief economist Dr. Jarmo Kotilaine and Bin Faqeeh Real Estate Investment Company director, finance and risk Sushil Jain.

The panel's consensus was that 2017 will continue to be a challenging year for the region and the Bahrain business community would need innovation to meet the challenge.

Indian Ambassador Alok Kumar Sinha and Industry, Commerce and Tourism Ministry assistant under-secretary Hameed Rahma inaugurated the event. Institute of Chartered Accountants of India (ICAI) president Devendra Reddy said that the 15,000-plus chartered accountants in the Gulf played an important role in building the brand of the profession. BCICAI chairman Vivek Kapoor pointed out that the 2016 conference had set many firsts including a focus on Bahrain's economic outlook for 2017, a media desk to report the proceedings in real time and a live webcast that will reach more than 10,000 people globally.

(c) 2016 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Latest news about Guy Hands 
06/11DJGUY HANDS : Hands Drops Suit Against Citi Over EMI -- WSJ
06/10DJGUY HANDS : Terra Firma's Guy Hands Drops Lawsuit Against Citigroup
06/10DJGUY HANDS : Citigroup Hits Hands in EMI Trial -- WSJ
06/09DJGUY HANDS : Finance Watch -- WSJ
06/08DJGUY HANDS : EMI Disaster Cost Terra Firma's Guy Hands $230 Million of Personal Wealth
06/07 GUY HANDS : Guy Hands renews court fight with Citi over disastrous EMI deal
2015DJGUY HANDS : Guy Hands to Start Sharing Terra Firma Ownership in Succession Plan
2014 GUY HANDS : Financier Hands drops US lawsuit over EMI, pursuing UK case
2013 GUY HANDS : Financier Hands says Citigroup should face new trial over EMI
2013 GUY HANDS : Citigroup seeks to end financier Hands' U.S. lawsuit over EMI
2013 GUY HANDS : Guy Hands' Terra Firma close to agreeing Phoenix Energy sale
2013 GUY HANDS : Financier Hands' EMI lawsuit vs. Citigroup revived
1  2  3  4  5  6  7  8  9  10Next

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