OQ explores significance of internal auditing to boost governance
OQ, the global integrated energy group, is commemorating Internal Audit Awareness Month, observed worldwide in May each year. This initiative…
Tax
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UAE Corporate Tax: New update offers wide scope on investments made by individuals doing business
Since the announcement of UAE Corporate Tax on January 31, 2022, it has been a gradual realisation that this is…
UAE announces 3 new decisions relating to corporate tax
The UAE’s Ministry of Finance has announced three new decisions relating to corporate tax. The ministerial decisions clarify the conditions…
Corporate Tax: At Dh1m, UAE ensures sizeable upper limit for individuals in business unlike VAT's Dh375,000
Single-person businesses or those operating as a small enterprise in the UAE will have much to be relieved about their…
UAE banks see improvement in customer satisfaction, says new KPMG study
UAE banks have seen an improvement in customer satisfaction, according to a new study conducted by KPMG and DataEQ. …
KPMG: Building a regulatory ecosystem conducive to innovation and regulating it
Regulating for innovation Multi-stakeholder collaboration required to address the complex challenges of data, regulating the emerging technology As the digital…
Jordan’s credit ratings maintained ‘BB-,’ stable outlook: Fitch
Fitch Ratings has affirmed Jordan’s long-term foreign-currency issuer default rating at “BB-” with a stable outlook. This comes in…
Federal Tax Authority organises an awareness session on the amendments to Emirates’ reporting for electronic commerce supplies
The Federal Tax Authority has announced that starting from 1 July 2023, qualifying registrants who supply goods and services through…
New corporate tax in the UAE will bring more market transparency – KPMG CEO
The UAE’s new corporate tax, which will be implemented from June 1, 2023, will bring more transparency to the market…
UAE Corporate Tax: 5 points UAE free zone businesses need to look into
Free zones have been among the strongest pillars of the UAE growth journey. Business owners operating in the free…
UAE to offer corporate tax relief to ‘public benefit’ entities
The UAE Ministry of Finance said public benefit entities that contribute to the welfare of society are eligible for tax…
KPMG in Kuwait publishes infrastructure report; illustrates current state and challenges in the sector
With infrastructure development continuing to be one of Kuwait’s primary focus areas, KPMG in Kuwait published its latest infrastructure report. …