INSEAD Day 4 - 728x90

Sanad posts record revenue

Growth driven by global demand for services.

Bank of Sharjah profit up 39%

Bank's total assets grow 10% to $14.4 billion.

DIB H1 net profit $1bn

Gross revenue increased 10% year on year

SIB H1 profit up 15.3%

Total operating income rises 20.5 percent.

flydubai Aleppo flights resumed

The flights were resumed after nearly 14 years.

Qatar and Estonia sign agreement to avoid double taxation

The two sides sign an agreement in Doha. (QNA)
  • Qatar's finance minister said the agreement would contribute to supporting international standards of transparency through the exchange of information
  • It will enable both countries to come down hard on tax evasion, ensure justice and equality in the treatment of individuals, in addition to enhancing trade cooperation

Doha, Qatar–Qatar and Estonia have signed an agreement to avoid double taxation and prevent income tax evasion.

The agreement was signed by Minister of Finance Ali bin Ahmed Al Kuwari and Minister of Economy and Information Technology in Estonia Tiit Riisalo.

Stressing the importance of the agreement, Al Kuwari said that it would contribute to supporting international standards of transparency through the exchange of documented financial information, noting that it comes in light of strengthening bilateral economic relations between the two countries.

The agreement aims at concluding tax agreements that eliminate all forms of double taxation between the two countries.

This agreement will enable both parties to prevent tax evasion, ensure justice and equality in the treatment of individuals, in addition to enhancing trade cooperation and increasing investment opportunities between governments and individuals.