corporate tax reduction vital
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

CEO, BMG Basil Al-Ghalayini

Corporate tax reduction vital

Arab Today, arab today

Arab Today, arab today Corporate tax reduction vital

Basil Al-Ghalayini, CEO, BMG Financial Group
Jeddah - Arab Today

The new British government should seriously consider reducing corporate tax and stamp duty in order to keep the Britain’s competitive edge as a real estate magnate, said a top businessmen.
Speaking at the Arab News business dialogue, Basil Al-Ghalayini, CEO, BMG Financial Group, also said: “I do believe that the outcome of Brexit referendum is not good for the UK economy, at least in the medium term. 
“This is the kind of distraction to the economy that the government can live without during these challenging times. 
“Especially, only 52 percent voted for it, which means the remaining 48 percent are keen to stay in the EU. 
“Furthermore, a high percentage of Brexitiers are of the older population while the young ones have to live with consequences for years to come. In spite of the fast tracked newly appointed Cabinet, there is still certain degree of uncertainties on the state of economy for the remaining of 2016. Having Boris Johnson to lead the exit negotiations with EU members will be a challenging task,” said Al-Ghalayini.
He added: “In spite of all the negative impact of the Brexit outcome, the UK will continue to have its attraction as a financial and business center, in London, coupled with its rich cultural and educational features.” 
Al-Ghalayini said: “To many of us, London is still the most sought after international city outside our respective home towns. 
“With the weaker pound for now, the tourism, health care, education and residential real estate sectors will witness immediate boost. Having said that, the new government should seriously consider reducing corporate tax and stamp duty in order to keep the UK’s competitive edge as a real estate magnate.

Source: Arab News

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

corporate tax reduction vital corporate tax reduction vital

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

corporate tax reduction vital corporate tax reduction vital

 



GMT 12:48 2016 Sunday ,27 November

Cilic, Dodig push Croatia to brink of Davis Cup

GMT 05:24 2017 Thursday ,28 December

Erdogan says 'terrorist' Assad cannot be part of Syria

GMT 12:59 2016 Saturday ,05 November

WB welcomes economic reforms in Egypt

GMT 18:40 2016 Saturday ,05 November

Egyptian GDRs in London down

GMT 10:57 2017 Wednesday ,06 December

Peru striker Guerrero has doping ban extended

GMT 17:51 2017 Tuesday ,07 March

Trump Signs New Travel Ban on Six Muslim Countries

GMT 10:30 2017 Wednesday ,06 September

Saudi Information Ministry praises media role during Hajj

GMT 15:29 2017 Tuesday ,24 January

Mind games really do help your brain

GMT 06:55 2015 Thursday ,01 October

Boston Red Sox beat Yankees

GMT 08:17 2017 Monday ,28 August

Bahrain celebrates World Humanitarian Day 2017

GMT 02:07 2017 Tuesday ,28 February

Opposition seeks Russian support at Syria talks
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday