Here's why 24 gram gold bars are proving popular with UAE shoppers this DSF
The 24-carat gold bar is becoming the preferred investment choice for consumers during this year’s DSF, seeing it as the…
Tax
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PwC Consulting appoints five new partners in the Middle East
PwC Consulting have appointed five partners in the United Arab Emirates, as part of a wider intake of seventeen new…
COVID-19 and tax treaties: the updated OECD guidance
The rapid spread of the COVID-19 pandemic has dramatically affected how businesses are conducted. For example, many more people work…
Qatar seen pushing forward VAT implementation: EY
Qatar is soon expected to push forward the implementation of value added tax (VAT) in view of the recent agreement…
Ahli Bank, Oman, is SunTec’s 50th customer for its Indirect Taxation Solution
SunTec’s GCC VAT compliance solution to help Ahli Bank automate end-to-end VAT compliance process, manage regulatory changes, and seamlessly integrate…
Kuwait ministry to discuss imposing 1% tax on remittances
The Legislative Committee will take up a number of issues and discuss them on Monday from these the most prominent…
Saudi Arabia appointed chair of World Bank audit committee
Members of the World Bank Group executive board have unanimously selected Saudi representative Abdulmuhsen Al-Khalaf as chair of the group’s…
Tax authorities should engage with businesses and their supply chains
In 2017, the Gulf Cooperation Council countries agreed and announced the first-ever Value Added Tax (VAT) framework to allow member…
Ahli Bank, Oman, Becomes SunTec’s 50th Customer for its Indirect Taxation Solution
SunTec’s GCC VAT compliance solution to help Ahli Bank automate end-to-end VAT compliance process, manage regulatory changes, and seamlessly integrate…
KPMG in Bahrain and the region continue its' growth despite the COVID pandemic
The aggregated revenue of KPMG member firms in the Middle East & South Asia (“MESA”) region grew by 3.7% in…
GTA, QFBA sign deal for specialised training
The General Tax Authority and the Qatar Finance and Business Academy signed an agreement yesterday under which QFBA would provide…
Saudi Arabia 2020 inflation rises to 3.4% after VAT tripled
Saudi Arabian inflation rose to 3.4% in 2020, lifted by the tripling of value-added tax last year as the kingdom…