CNBC to broadcast business show from new Abu Dhabi HQ

Middle East anchor Hadley Gamble said the Abu Dhabi studio will help ‘tell the global business story through a unique Middle East lens.’ (CNBC)
Updated 16 April 2018
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CNBC to broadcast business show from new Abu Dhabi HQ

  • CNBC will unveil its new Middle East headquarters and TV studios
  • CNBC will broadcast “Capital Connection,” fronted by Middle East anchor Hadley Gamble

London: The financial news network CNBC will on Monday unveil its new Middle East headquarters and TV studios, based at the Abu Dhabi Global Market (ADGM) complex.
The facility will act as the network’s regional hub, and broadcast “Capital Connection,” fronted by Middle East anchor Hadley Gamble.
CNBC’s Nancy Hungerford will co-anchor the show from the network’s Asia headquarters, which is based within the Singapore Exchange, the network said in a statement.
“We’ve been reporting the Middle East business story to CNBC’s elite global audience for years. The launch of our new home within ADGM starts a new chapter in our reporting from the region,” said Gamble.
“These new state-of-the-art studios provide us with a fantastic platform to tell the global business story through a unique Middle East lens.”
CNBC says this week’s broadcasts from the Middle East will include exclusive interviews with Mohamed Khalifa Al-Mubarak, chairman of Aldar Properties, and Saudi Prince Turki Al-Faisal.
Capital Connection broadcasts live from Abu Dhabi between 8 a.m. and 9 a.m. GST, Monday to Thursday.
Guests on Monday include: Peter Baumgartner, CEO of Etihad Airways; Luka Mucic, CFO of SAP and Egyptian billionaire Naguib Sawiris.
John Casey, CNBC’s senior vice president of international news and programming, said: “CNBC broadcasts daily from the network’s International Headquarters in New York, London and Singapore. With the addition of our new Middle East Headquarters at ADGM, we plan to connect Abu Dhabi to the world’s financial capitals.”


New Zealand plans new tax for giants like Google, Facebook

Updated 26 min 34 sec ago
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New Zealand plans new tax for giants like Google, Facebook

  • Prime Minister Jacinda Ardern said Monday the current tax system isn’t fair and there is a gap that needs to be closed
  • Revenue Minister Stuart Nash said the tax could be implemented next year

WELLINGTON, New Zealand: New Zealand’s government has announced plans for a new tax targeting online giants like Google and Facebook that earn plenty of money in the country but pay little tax.
Prime Minister Jacinda Ardern said Monday the current tax system isn’t fair and there is a gap that needs to be closed.
She said the proposed digital services tax would tax multinational online companies at about 2 or 3 percent on the revenue they generate in New Zealand. She said the rate is in line with other countries considering similar taxes.
Revenue Minister Stuart Nash said the tax could be implemented next year. He said New Zealand will continue working with the Organization For Economic Cooperation and Development to find an international solution to the problems of taxing big online companies.