Oman becomes fourth Gulf state to go live with VAT
Oman's government has introduced a 5% rate for value-added tax (VAT) on 16 April, having announced plans to do so…
Tax
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Businesses are not expected to return to normal until 2022, new KPMG study finds
About half of chief executives around the world do not expect business to return to normal until “some time” in…
Baker Tilly expands Middle East Advisory business
Global professional services firm Baker Tilly has installed a new leader for its Advisory division in the Middle East: Rajesh…
UAE: Unbundling how much money goes into launching a business in Dubai
The costs that go into establishing and registering a business in Dubai vary a lot depending on the type of…
VAT starts in Oman from April 16: What businesses need to know
Oman welcomes VAT from April 16, 2021, following Royal Decree No. 121/2020. The Oman Tax Authority also approved the executive…
KPMG financial services experts on the Middle East's fintech scene
Despite the Covid-19 pandemic, funds pumped into FinTech companies globally topped $100 billion for only the third time in history,…
Entry into force of double taxation agreements with Brazil and Saudi Arabia
The agreements between Switzerland and Brazil and between Switzerland and Saudi Arabia for the avoidance of double taxation have entered…
Strategic imperatives for UAE banks amid pandemic-stricken change
Innovation, digitalization, customer-centricity, compliance and better management of cost and risk are some strategies that banks in the UAE can…
Deloitte partner Muzammil Ebrahim joins Middle East team
Muzammil Ebrahim, a partner at Deloitte in South Africa, has relocated to the firm’s Dubai office to take the reins…
PwC’s Academy brings internationally recognised VAT diploma to Oman
As Oman gears up for VAT implementation, organisations are facing a skills shortage of qualified tax professionals. To support…
Deloitte Middle East to grow their Financial Crime and Data Analytics team
Deloitte Middle East’s Financial Advisory practice is pleased to welcome Muzammil Ebrahim, who has joined as Partner to lead the…
Lebanon’s central bank to commit to audit as Macron urged to freeze ‘doubtful’ assets
Lebanon’s finance ministry said the central bank agreed on Tuesday to provide by the end of the month the documents…