In its 16th annual Global Risks Report, the World Economic Forum (WEF) has stressed the inequalities and challenges that countries and their exporters face in their recovery from the pandemic, as well as the continued threat to business of climate change and geopolitical tensions. According to the research, in the short term, infectious diseases and .
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This blogpost discusses the comments prepared by Ikigai Law
with Ms. Arushi Goel (ex-Judge, India and a legal advisor based in
UAE) for the draft Data Protection Regulatory Framework
notified by the Abu Dhabi Global Market in November 2020.
The Abu Dhabi Global Market or ADGM is an international
financial centre and a financial free zone in the UAE. On 19
November 2020, the ADGM invited comments on a draft Data Protection Regulatory Framework
which will replace the ADGM Data Protection Regulations
(
Regulations ) notified in 2015. As per
Trade finance technology firm Traydstream has hired Jerry Shikhule as a global sales and origination lead for Africa, based in Nairobi.
Having started last week, Shikhule reports to Traydstream’s chief revenue officer (CRO), Uzair Bawany, and is responsible for banks and corporates on the continent, with a primary focus on deal origination.
A spokesperson for Traydstream says that the hire marks the start of the firm’s expansion in Africa, as it looks to build on its existing client base.
The firm counts Standard Bank as one of its main clients, and has seen significant interest from bank and corporates in East Africa, they add.
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British manufacturers say that adapting to a new trading relationship with the EU poses the greatest risk to their 2021 business plans, despite the two parties agreeing a last-gasp trade deal in late December.
According to a major industry survey carried out by PwC and Make UK, a trade body representing the manufacturing sector, businesses “will again be faced with a myriad of challenges” this year after months of adapting to Covid-19 containment measures.
However, with a vaccine on the horizon and adjustments to working practices and supply chains already largely in place, manufacturers’ greatest concerns are around potential customs delays, increased regulatory costs and pressure on input costs due to Brexit.