Tag: OECD

Home » OECD
UAE to Integrate AI as Advisory Member in Government Boards
Post

UAE to Integrate AI as Advisory Member in Government Boards

The United Arab Emirates (UAE) recently announced a groundbreaking initiative to include a National Artificial Intelligence System as a non-voting member of all federal and government company boards, and as an advisory member of the Council of Ministers starting next year. This move signals a significant shift in governance, positioning artificial intelligence alongside human intelligence...

Bahrain's Parliament Approves New Corporate Tax for Multinational Enterprises
Post

Bahrain’s Parliament Approves New Corporate Tax for Multinational Enterprises

Bahrain’s Parliament has unanimously approved a new tax targeting multinational enterprises (MNEs). This decision came during a retrospective vote on a royal decree issued by His Majesty King Hamad concerning the Domestic Minimum Top-up Tax for MNEs Law, which occurred during the National Assembly’s recess last year. Finance and National Economy Minister Shaikh Salman bin...