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  • 03 October 2023 16:06 | Canadian Business Council Abu Dhabi (Administrator)


    L3Harris Technologies (NYSE:LHX) has ranked second out of 103 global aerospace and defense companies for its sustainability performance, according to a new report. Morningstar Sustainalytics conducted the independent annual ranking of public companies.

    To drive the ranking, L3Harris performed well in several sustainability areas, including its strategy and tactics to reduce emissions.

    “Renewable energy initiatives helped us surpass the goal of reducing greenhouse gas emissions by 30% three years ahead of our 2026 commitment,” said Byron Green, Vice President, Global Operations, L3Harris. “Increasing the amount of renewable energy within our portfolio from 4% in 2021 to 31% in 2022 was the determining factor in our success.”

    Read more: https://www.l3harris.com/newsroom/press-release/2023/10/l3harris-receives-high-marks-sustainability-performance-ranking

  • 01 October 2023 16:14 | Canadian Business Council Abu Dhabi (Administrator)


    Embrace the enchantment of autumn as you enjoy your retreat in Abu Dhabi. Experience immersive dining experiences with a collection of signature brunches, celebrate China Golden Week or extend your support for breast cancer awareness with a pink-inspired afternoon tea. Find a perfect escape for you to unwind and relax with our range of wellness treatments which lay emphasis on rebalancing the body and mind.

    Learn more: https://online.flippingbook.com/view/233017699/#zoom=true

  • 23 September 2023 17:17 | Canadian Business Council Abu Dhabi (Administrator)


    Early on a balmy Sunday morning in September, a group of 30 people from CAE, the Canadian Business Council and the Canadian Embassy gathered for a briefing on Yas Beach in Abu Dabi.  Their mission, to help the UAE achieve their country-wide initiative to plant one hundred million mangrove trees by 2030 as announced at COP26. Mangroves, the only evergreen forests in the Gulf, are able to sequester massive amounts of carbon - over 300kg CO2 per mangrove - in their average lifetime. This is three times more than what rainforest can do per square meter.

    CAE sponsored the activity, which included canoeing to the site and planting one hundred Sqm of mangrove saplings. The investment included growing the seeds for 12 to 18 months which increases the probability of plant survival to over 90%. Over the morning, about eighty new mangroves were planted.


    “Sustainability is at the core of CAE’s values. Events like the mangrove planting in the UAE further our commitment and action in the fight against climate change.” said Helene V. Gagnon, Chief Sustainability Officer and Senior Vice President, Stakeholder Engagement, CAE.

    Sustainability is integral to what CAE is as a company and how our organization makes a difference in the world. For more information, read our FY23 Annual Activity and Corporate Social Responsibility Report.


  • 23 September 2023 13:41 | Canadian Business Council Abu Dhabi (Administrator)


    Royal Health Al Salam Specialized Hospital (RHASSH) – a member of Royal Health Group – is a multi-specialty hospital that will launch in Q4 of 2023. Located between Al Wathba and Baniyas, it will mainly serve patients living on the outskirts of the city, and generally to all those residing in Abu Dhabi.

    Among the many specialties at Royal Health Al Salam Specialized Hospital are:
    • Orthopedic Surgery
    • Neurosurgery
    • Neurology
    • Physical Medicine & Rehabilitation
    • Respiratory Therapy
    • Speech Therapy
    • Occupational Therapy
    • Psychiatry & Psychology
    • And much more…

    However, the highlight of this endeavor is the introduction of Hyperbaric Oxygen Therapy (HBOT) to the Emirate of Abu Dhabi, which is included as a standard offering at RHASSH. HBOT is a proven method where high concentration oxygen is administered under increased pressure compared to normal atmospheric pressure. It is widely recognized as an effective treatment for various health issues due to its safety, non-invasive nature, and common use in medical settings.

    HBOT can be used to treat the following conditions:

    1. Severe infections that damage soft tissues.

    2. Serious muscle infections caused by certain bacteria.

    3. Hard-to-treat bone infections.

    4. Burns from heat or fire.

    5. Sports injuries.

    6. Problems with blood flow in your arteries, including blockage in the main eye artery and assisting with hard-to-heal wounds.

    7. Issues with skin or tissue grafts.

    8. Injuries from crush accidents or muscle swelling problems.

    9. Tissue and bone damage from delayed effects of radiation.

    10. Sudden hearing loss without a known cause.

    11. Pus-filled pockets in the brain.

    12. Air or gas bubble blockages.

    13. Decompression sickness from rapid ascents after deep diving.

    14. Carbon monoxide poisoning.

    HBOT is also being considered for novel applications, including addressing the effects of aging and age-related diseases. Given that the UAE is at the forefront of anti-aging strategies, HBOT aligns well with this ambition. According to the US National Library of Medicine, "a recent clinical trial demonstrated that repeated intermittent hyperbaric exposures had dramatic aging-modulating effects on the skin. Numerous studies have reported the effects of HBOT in different tissues with compromised blood perfusion, such as skin, brain, bone, and even tumors. These results firmly establish the effects of HBOT, implying its possible advantages in preventing age-related microcirculation impairments."

    Whether patients seek life-saving treatments or improvements in their quality of life, Royal Health Al Salam Specialized Hospital will provide the necessary care under the guidance of highly qualified experts in their respective fields.

  • 28 July 2023 10:06 | Canadian Business Council Abu Dhabi (Administrator)


    MELBOURNE, Fla., July 28, 2023--(BUSINESS WIRE)--L3Harris Technologies (NYSE:LHX) has completed its acquisition of Aerojet Rocketdyne, forming a fourth business segment at the company.

    L3Harris signed a definitive agreement to purchase Aerojet Rocketdyne in December 2022, emphasizing its ability to strengthen the defense industrial base, enhance competition and accelerate innovation for a critical merchant supplier of propulsion systems.

    "I’m thrilled to welcome more than 5,000 employees to the L3Harris team today," said Christopher E. Kubasik, Chair and CEO, L3Harris. "With national security at the forefront, we’re combining our resources and expertise with Aerojet Rocketdyne’s propulsion and energetics capabilities to ensure that the Department of Defense and civil space customers can address critical mission needs globally."

    The company also announced Ross Niebergall will serve as President of the Aerojet Rocketdyne segment at L3Harris.

    "Our customers demand a competitive environment that produces innovative, agile solutions," Niebergall said. "We will expand on the strong Aerojet Rocketdyne heritage to enhance production and deliver on those expectations."

    The acquisition diversifies the L3Harris portfolio, adding considerable long-cycle backlog and broad expertise that enables opportunities in missile defense systems, hypersonics and advanced rocket engines, among other areas.

    Aerojet Rocketdyne will be known as Aerojet Rocketdyne, an L3Harris Technologies company.

    Read more
  • 18 July 2023 09:58 | Canadian Business Council Abu Dhabi (Administrator)


    Networking—it's not just a buzzword, but an essential skill that can open doors to countless opportunities. As professionals, we understand the importance of building meaningful connections, and that's why we're thrilled to invite you to join Clear Speak GCC's Networking Workshop on September 11 hosted by our very own CBC Board Member, Robyn Albers.

    One valuable tip that Robyn has shared to help you navigate networking events with confidence: remember that a strong introduction is key. Craft a concise and engaging self-introduction that showcases your expertise and highlights what sets you apart. A compelling introduction is the foundation of a fruitful conversation and can make a lasting impression.

    By participating in this online course, you will gain valuable insights on various aspects of networking. Robyn will cover everything from professional self-introductions to effective engagement techniques, ensuring you leave a positive and lasting impression on potential connections. Moreover, she'll guide you through the essential steps to follow up after networking events, maximizing the potential for further collaboration.

    To kickstart your networking journey, CBC Abu Dhabi have scheduled a one-hour workshop on September 11 to prepare you for the upcoming inter-business council networking event on September 12. This workshop will equip you with practical skills, boost your confidence, and provide you with the tools to make the most out of the event.

    To ensure you feel fully prepared and confident, we will also organize a brief meeting 30 minutes before the event on September 12. This pre-event gathering will serve as a final opportunity to address any last-minute questions or concerns, ensuring you approach the event with poise and readiness.

    Don't miss out on this valuable opportunity to enhance your networking skills and connect with fellow professionals from various industries. Join us for the Networking Workshop and put your best foot forward at the inter-business council networking event on September 12.

    To secure your spot and access the online course, please register at our website: [Registration link]. CBC Abu Dhabi members can get 15% off with the code: CANADA.  Spaces are limited to six people per group, so we encourage you to sign up early to avoid disappointment.  You can also organize your own private group if requested.

    Clear Speak GCC is dedicated to empowering professionals like you with the skills needed to succeed in today's interconnected business world. We look forward to welcoming you to our Networking Workshop and witnessing the positive impact it will have on your networking prowess.

  • 13 July 2023 12:12 | Canadian Business Council Abu Dhabi (Administrator)


    In June, the Government of Saskatchewan welcomed two high-level delegations from the United Arab Emirates (UAE) to showcase the province’s capabilities and discuss partnership opportunities.

    From June 5 to 9, the board members from the Canada – UAE Business Council (CUBC) and key UAE stakeholders met with Premier Scott Moe, ministers, business leaders, and experts to discuss advancing bilateral relations to expand trade and investment opportunities focused on sustainability, energy, critical minerals, and agriculture.

    The CUBC delegation was led by CUBC board co-chairs Musabbeh Al Kaabi and the Honourable Jean Charest. Musabbeh Al Kaabi is the Executive Director of Low Carbon Solutions and International Growth at the Abu Dhabi National Oil Company (ADNOC.) ADNOC is the largest energy company in the UAE and the 12th largest in the world. The Honourable Jean Charest is a Partner at McCarthy Tétrault and was the Premier of Quebec from 2003 to 2012.

    On June 15, Saskatchewan hosted a delegation from the Emirates Nuclear Energy Corporation (ENEC), including Managing Director and CEO H.E. Mohamed Al Hammadi. The delegation met with:

    • ·        Premier Scott Moe
    • ·        Honourable Jeremy Harrison – Minister of Trade and Export Development and Minister of Immigration and Career Training
    • ·        Honourable Dana Skoropad – Minister of Environment
    • ·        Tim Gitzel – CEO of Cameco Corporation

    ENEC explored opportunities for collaboration in small modular reactors and nuclear innovation. Saskatchewan is home to the world’s largest high-grade uranium deposits and is committed to working with partners on sustainability efforts to contribute towards net-zero emissions by 2050.


    In the first quarter of 2023, Saskatchewan saw more than 25 incoming commercial and diplomatic delegations, with many more on the horizon. The province is thrilled to welcome international delegations and to proudly showcase the best of what Saskatchewan has to offer.

    To connect with the Saskatchewan United Arab Emirates Office, please email UAE@gov.sk.ca


  • 10 July 2023 15:08 | Canadian Business Council Abu Dhabi (Administrator)

    Abu Dhabi Grammar School launches their June newsletter and they invite you to read it. Please click here to read the newsletter. 

  • 18 June 2023 14:37 | Canadian Business Council Abu Dhabi (Administrator)


    Last 18 June 2023, NAS Chartered Accountants has TAXtrategized together with the attendees on the approach of Implementation and Adaptation of UAE Corporate Tax. The event highlighted a very informative panel discussion addressing the concerns of adapting with the technology on the compliance requirements through maintaining the right books of accounts and a complete ERP System available to the SME sector and with the right plans of organizations and enable them to adapt and implement in order to make sure that business strategic goal will be achieved and aligns with the laws and regulations provided by the UAE Corporate Tax.


    The TaxTrategize event started with the navigation kick off by NAS Chartered Accountants Chief Executive Officer Mr. Nasser Al Shkeili who provided a wonderful and inspiring message of the vision of NAS Chartered Accountants and the reassurance to the business owners that NAS Family would be able to extend a hand of support to the requirements needed in order not only to comply with Corporate Tax Landscape but also to align their strategic business goals.

    With that being said, the event attendees fasten their seatbelt on the journey of business towards compliance and understanding corporate tax with the help of NAS Chartered Accountants Director for Tax and Advisory Mr. Shefeek Salim, CPA, ACMA in navigating together with the Business RoadMap and its landscape. The realization of Corporate Tax application in the United Arab Emirates aligns with the strategic objective on accelerating its development and transformation given with its position as an international business hub and a global financial centre. In understanding its RoadMap, Businesses TAXtrategized and was able to align their objective as well towards the compliance and making sure that they are Corporate Tax Ready.

    The journey on the bus continued with the understanding whether businesses are IN for Corporate Tax, the Asst. Manager for Tax and Compliance Ms. Bimalka Kudamage, FCA, ACCA, ASCMA joined Mr. Shefeek on understanding whether organizations are within the Corporate Tax Net. The highlight of understanding whether attendees are a resident and non-resident and whether their incomes are covered for corporate tax was the major considerations that companies has been able to work on. This understanding helps the attendees assess their company formation, sources of income and the applicability of corporate tax on their respective businesses.

    After determining whether they are IN for corporate tax, the attendees move to a next bus stop of calculating the corporate tax liability through understanding the income exemptions, limitations and the deductible expenses including the carry over losses benefit that organization could utilize with. Assisted by the Asst. Manager for Audit and Assurance Mr. CA Shanoon Machingal, attendees understood the full requirements and considerations of calculations of corporate tax including the reliefs available for SME’s and the respective preparatory requirements for maintaining the right books of accounts and the necessity to get the Financials Audited and in accordance with the International Reporting Standards.

    The talk continues on understanding the definition of an SME bracket through the revenue of AED 50,000,000 as a consideration whether an organization is under the bracket of SME and with the other factors in determining the SME’s categorization. This has highlighted as well a more in deep knowledge of the application of two major standards for IFRS application of whether applying the IFRS for SME’s and Full IFRS.

    On the last portion of the engaging talks, the question of What’s next? Has been highlighted with the talk of Mr. Chad Myko Bayon-on, CPA, CMA, CSCA, CIA the Director for Operations and Strategy of NAS Chartered Accountants, he had highlighted to focus on the applicability of corporate tax on the organization and the right utilization of business leaders of the experts who are working into the different permutations and combinations of the corporate tax landscape. The attendees has been provided with an enlightenment of understanding the businesses goals through getting the answer of “where do they want to go”, in this way business leaders has been able to see the holistic view of their respective organizations and thereafter a highlight of Strategic Approach on “How to get there” was provided with the application of the SMART concept in creating the business objectives of being Specific, Measurable, Attainable, Relevance and Time bound objectives to achieve as a roadmap of success for the organization. With the understanding and information the audience have during the technical session, business leaders attending the event has been able to connect the Business Strategic Objectives and the Corporate Tax Technicalities which created a formation of their TAXtragetize concept of application and implementation of UAE Corporate Tax.

    At NAS Chartered Accountants, the expertise and experience helped the business owners navigate the new landscape and ensure their respective organization makes a smooth and seamless transition to the Corporate Tax era. With holistic, specific and tailored fit approach of getting to know the organizations, NAS Chartered Accountants was not just able to make the event successful but has been able to make the attendees understood the approach they do in making sure the organizations reflect their respective end results with the expectations.


    Attended by business owners, CFO’s, accountants and leaders, represented by the community leaders from Philippine Business Council, Canadian Business Council and the knowledge partners from Philippine Institute of Certified Public Accountants Abu Dhabi Chapter, Institute of Management Accountants Abu Dhabi Chapter supported by the sponsors of the event Tally and ATB Legal, NAS Chartered Accountants kept the attendees Prepared, Planned and Strategized! Through the session of TAXTRATEGIZE! A Business RoadMap for Implementation and Adaptation of UAE Corporate Tax. The attendees see’s the event as a very informative and simplistic and holistic approach of Corporate Tax RoadMap, they are now watching out for the next session to be conducted NAS Chartered and the additional enlightenments they provide not just to the attendees but to their respective networks and clients as well.

    Published by:

    NAS Chartered Accountants.
    Hotline No. 02 658 4848
    Whatsapp and mobile: 055 239 6581
    Email: bd@nasuae.com
    Website: www.nasuae.com

  • 25 August 2021 16:11 | Canadian Business Council Abu Dhabi (Administrator)

    25 August 2021, ABU DHABI – Abu Dhabi’s award-winning Beach Hotel and Resort, Bab Al Qasr Hotel & Residencesrenowned for its beachfront location and Arabian-elegance, has added an exciting new dining concept to their culinary portfolio: Dining in the Dark.

      

    The exclusive restaurant, Fresh Basil – Pitch Black Dining, located on the 2nd floor of the hotel promises a one-of-a-kind tailored-made experience. Its unique look has been specially designed to assist with the transition from light to dark, from known to unknown.

    No electronic devices are allowed inside the pitch-black room, hence the lack of distractions fosters the notion that dining in the dark sharpens diners' senses. It emphasis on taste, mouthfeel, fragrance, and sound, as well it promotes of the art of talking.

    For some the concept might seem daring or unusual, for all that have tried it has been proven to be a unique, fun and risk-free, a one in a lifetime opportunity: “It has been a journey… From the arrival experience where we have been welcomed until the last bite and the de-briefing”.

    Diners will be seated in the pitch black room by night vision equipped waiters. Each dining experience lasts between 60 to 90 minutes, allowing guests time to adjust to their new surroundings before being served a 3-course dinner. Before entering guests can choose also their drinks. The meal package starts from AED 249 per person.

    The idea has been brought up and implemented under the guidance of Elias Saad, Director of Food & Beverage, also the social face of the capital’s flourishing dining scene. Nemo Acimovic, General Manager at Bab Al Qasr Hotel & Residences also commented, “We are happy to host such a unique and enriching dining approach as Fresh Basil – Pitch Black Dining. We can see that the concept is generating a buzz in the market already even during pre-opening phase.”

    Fresh Basil’s – Pitch Black Dining mystery menu has been carefully curated by our Executive Chef Yvan Marclay and Head Chef Gayan Rupasinghe to welcome the most agile and exigent tastebuds, while taking into consideration allergies and preferences of the guest.

    In order to make the experience tailor made and as personalized as possible The Fresh Basil – Pitch Black Dining, is available to book in advance with very limited seats, up to 20 diners every evening,

    THE CONCEPT

    A journey to remember

    1- Arrival Experience: Upon arrival at Fresh Basil - Pitch Black Dining, our staff will welcome the diners with a welcome cocktail and canapes and they will explain the concept and the dining process in detail.

    Before seated to the table in the pitch black room, they are asked to place all light emitting objects, such as cell phones, watches, lighters, and cameras into the secure boxes that we will provide. This policy is in place to make sure all of our guests have a wonderful sensorial experience while dining in the dark with us.

    2- Dining Experience: The Pitch Black Dining begins in a pitch black dining room where our friendly servers will guide and assist guests to the table. Once one became acquainted with complete darkness, their social awareness is heightened, senses are sharpened. During the dining experience, guests will enjoy a 3 - courses set menu, one course at a time. Each delicious course has been beautifully created to entice the taste buds and awaken the senses through flavours that flow from dish to dish.

    3- De-briefing / The Reveal: After the Dining in the Dark is completed, the guests will be escorted to the de-briefing area where they will meet the Chef. Guests will be asked to guess the food they ate, after which the mystery will be revealed by uncovering of each course.

    -ENDS-


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