KPMG: Mergers & acquisitions to gain pace in Insurance Sector in 2021
Saudi Arabia’s insurance industry closed the financial year 2020 on a high note, as a result of the cumulation of…
Tax
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Qatar: Tax authorities clarify transfer pricing reporting requirements
On 2 February 2021, Qatar’s General Tax Authority (GTA) held a webinar to provide additional clarification regarding the transfer pricing…
UAE's FTA clarifies tax rules for owners of multiple establishments
Sole owners of multiple establishments in the UAE are required to obtain a single tax registration, rather than apply for…
Qatar and Rwanda signs double tax avoidance agreement
The State of Qatar and the Republic of Rwanda has signed an agreement to avoid double taxation and prevent financial…
Owners of multiple 'sole businesses' need have only one VAT registration: FTA
Anyone owning multiple 'sole businesses' in the UAE need only one tax registration for all of them, according to the…
Saudi asset management industry resilient in 2021: KPMG
Saudi Arabia’s asset management industry looks resilient in 2021, according to global audit, tax and advisory firm KPMG, with official…
Yemen government appoints Ernst & Young to audit central bank – statement
Yemen’s government has appointed Ernst & Young to audit its central bank accounts, a statement from the prime minister’s office…
Law firm praises Saudi Arabia tax amnesty extension
A senior tax lawyer has praised Saudi Arabia’s decision to extend the tax amnesty for international companies to June 30.…
Strategy& Middle East promotes Hani Zein to partner
A decade after joining Strategy& in the Middle East, Hani Zein has joined the firm’s partnership. Effective 1 January…
Uptick in Qatar’s real estate demand: KPMG
With the regional ties coming back to normal, affirmation of the COVID-19 vaccine and winning the bid to host Asian…
KPMG: 28% of UAE workforce needs reskilling and upskilling
In 2020, the employees of the world were faced with a shake-up of kind they could never imagine nor foresee:…
Real estate VAT exemption in Saudi Arabia boosted 2020 market activity
Saudi Arabia’s decision to exempt real estate transactions when it increased value-added tax (VAT) last year to 15 percent helped…