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BRUSSELS, Dec 5, (Agencies): European Union (EU) ministers adopted on Tuesday a blacklist of 17 non-EU tax havens including Bahrain, South Korea and the United Arab Emirates after a year of tough negotiations. The Paradise Papers leak last month gave a new impetus to the plan, making public some of the intricate ways the world’s rich evade tax using offshore havens.
KUWAIT CITY, May 10: Al Ahli Bank of Kuwait (ABK) was named ‘Bank of the Year’ by Arabian Business Magazine, highlighting the Bank’s series of milestones and achievements that have been recorded throughout the past year. Fawzy Al-Thunayan – General Manager Board Affairs, received the award on behalf of the Bank during an awards ceremony held at Jumeirah Messilah Hotel – Kuwait, on May 9, 2017.