OQ Trading Welcomes UAE’s Expansion of Qualifying Activities for Corporate Tax in Free Zones

DUBAI, United Arab Emirates, Sept. 04, 2025 (GLOBE NEWSWIRE) — OQ Trading (OQT), an international commodity trading company wholly owned by the Oman Investment Authority and headquartered in the Dubai International Financial Centre (DIFC), welcomes the recent Ministerial Decisions issued by the United Arab Emirates Ministry of Finance (MOF) regarding the expansion of Qualifying Activities under the UAE Corporate Tax regime for Free Zone entities. Updates to the law address the specific challenges encountered by large-scale integrated energy and commodity trading companies engaged in global trade through UAE free zone entities. The amendments now formally acknowledge the unique characteristics of

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OQ Trading Welcomes UAE’s Expansion of Qualifying Activities for Corporate Tax in Free Zones

DUBAI, United Arab Emirates, Sept. 04, 2025 (GLOBE NEWSWIRE) — OQ Trading (OQT), an international commodity trading company wholly owned by the Oman Investment Authority and headquartered in the Dubai International Financial Centre (DIFC), welcomes the recent Ministerial Decisions issued by the United Arab Emirates Ministry of Finance (MOF) regarding the expansion of Qualifying Activities under the UAE Corporate Tax regime for Free Zone entities. Updates to the law address the specific challenges encountered by large-scale integrated energy and commodity trading companies engaged in global trade through UAE free zone entities. The amendments now formally acknowledge the unique characteristics of

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OQ Trading Welcomes UAE’s Expansion of Qualifying Activities for Corporate Tax in Free Zones

DUBAI, United Arab Emirates, Sept. 04, 2025 (GLOBE NEWSWIRE) — OQ Trading (OQT), an international commodity trading company wholly owned by the Oman Investment Authority and headquartered in the Dubai International Financial Centre (DIFC), welcomes the recent Ministerial Decisions issued by the United Arab Emirates Ministry of Finance (MOF) regarding the expansion of Qualifying Activities under the UAE Corporate Tax regime for Free Zone entities. Updates to the law address the specific challenges encountered by large-scale integrated energy and commodity trading companies engaged in global trade through UAE free zone entities. The amendments now formally acknowledge the unique characteristics of

Continue Reading ➜

OQ Trading Welcomes UAE’s Expansion of Qualifying Activities for Corporate Tax in Free Zones

DUBAI, United Arab Emirates, Sept. 04, 2025 (GLOBE NEWSWIRE) — OQ Trading (OQT), an international commodity trading company wholly owned by the Oman Investment Authority and headquartered in the Dubai International Financial Centre (DIFC), welcomes the recent Ministerial Decisions issued by the United Arab Emirates Ministry of Finance (MOF) regarding the expansion of Qualifying Activities under the UAE Corporate Tax regime for Free Zone entities. Updates to the law address the specific challenges encountered by large-scale integrated energy and commodity trading companies engaged in global trade through UAE free zone entities. The amendments now formally acknowledge the unique characteristics of

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TexPower Appoints Bader Almonawer as President to Lead U.S. Lithium-Ion Battery Manufacturing Into the Future

Bader Almonawer TexPower Appoints Bader Almonawer as President to Lead U.S. Lithium-Ion Battery Manufacturing Into the Future HOUSTON, Sept. 04, 2025 (GLOBE NEWSWIRE) — TexPower, a U.S.-based battery cathode materials company, proudly announces the appointment of Bader Almonawer as President. With a proven track record of leadership and strategic growth, Almonawer will spearhead TexPower’s mission to reclaim American leadership in lithium-ion phosphate (LFP) manufacturing and drive the company’s next phase of expansion. Almonawer brings extensive leadership, financial, and operational expertise to TexPower. He currently serves as Chairman of the Audit Committee at NeOnc Technologies (NASDAQ: $NTHI), where he played a

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TexPower Appoints Bader Almonawer as President to Lead U.S. Lithium-Ion Battery Manufacturing Into the Future

Bader Almonawer TexPower Appoints Bader Almonawer as President to Lead U.S. Lithium-Ion Battery Manufacturing Into the Future HOUSTON, Sept. 04, 2025 (GLOBE NEWSWIRE) — TexPower, a U.S.-based battery cathode materials company, proudly announces the appointment of Bader Almonawer as President. With a proven track record of leadership and strategic growth, Almonawer will spearhead TexPower’s mission to reclaim American leadership in lithium-ion phosphate (LFP) manufacturing and drive the company’s next phase of expansion. Almonawer brings extensive leadership, financial, and operational expertise to TexPower. He currently serves as Chairman of the Audit Committee at NeOnc Technologies (NASDAQ: $NTHI), where he played a

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History made as stateless person granted Nauruan citizenship under innovative new program

AUCKLAND, New Zealand, Sept. 04, 2025 (GLOBE NEWSWIRE) — A stateless person has become a Nauruan citizen under an innovative citizenship program that helps fund economic and climate resilience. The Kuwaiti national’s citizenship granted through Nauru’s Economic and Climate Resilience Citizenship Program highlights the advantages the scheme offers to countless other stateless people around the world. The program’s offering includes a politically neutral alternative passport for an applicant and their family, along with the chance to contribute to climate crisis solutions in the South Pacific. CEO Edward Clark said the Kuwaiti national was granted citizenship following an in-depth due diligence

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History made as stateless person granted Nauruan citizenship under innovative new program

AUCKLAND, New Zealand, Sept. 04, 2025 (GLOBE NEWSWIRE) — A stateless person has become a Nauruan citizen under an innovative citizenship program that helps fund economic and climate resilience. The Kuwaiti national’s citizenship granted through Nauru’s Economic and Climate Resilience Citizenship Program highlights the advantages the scheme offers to countless other stateless people around the world. The program’s offering includes a politically neutral alternative passport for an applicant and their family, along with the chance to contribute to climate crisis solutions in the South Pacific. CEO Edward Clark said the Kuwaiti national was granted citizenship following an in-depth due diligence

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