A fund manager friend of mine once showed me two ESG rating reports on the same Indian cement company, from two different global rating agencies. One had the company near the top of its sector. The other had it near the bottom. Same company. Same quarter. Same publicly available data. "Which one do I trust?" he asked. "Neither, fully," I said. "But that's the job, isn't it?" This is the strange world ESG ratings live in. They carry huge influence — investors use them to alloc

A Boardroom Scene That Didn't Exist Three Years Ago Picture a boardroom in Dubai, late 2025. Six directors. Coffee. The agenda used to be three pages. Now it's eleven. Somewhere on page seven, between "Q3 Marketing Spend" and "New Hires," there's a line item nobody loves: Transfer Pricing Documentation Review. Three years ago, this conversation didn't happen here. UAE businesses didn't think about corporate tax because there wasn't any. You ran your numbers, you paid your VAT