KPMG moves to “world-class” office in Dubai’s Central Business District
KPMG on Wednesday said it was moving more than 950 staff members from its offices in Dubai and Sharjah to…
Tax
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Federal Council adopts dispatches on new double taxation agreement with Bahrain and amendments to DTA with Kuwait
During its meeting on 26 August 2020, the Federal Council adopted the dispatches on a new double taxation agreement (DTA)…
Blockchain moves from promise to reality
Once classified as a technology experiment, blockchain has made the leap from theoretical to practical. Deloitte's Linda Pawczuk, Brian Hansen,…
Global Anti-Money-Laundering Fine Amounts Released
An Overview of Financial Crime Fines Money laundering has consistently been a key area of focus for enforcement action,…
Credit Suisse executive Samir Ojha to join EY as partner
Professional services firm EY has roped in Samir Ojha of Credit Suisse to join as partner in its investment banking…
Lebanon central bank governor inflated assets as liabilities grew, says audit
Lebanon’s central bank governor inflated the institution’s assets by over $6bn in 2018, its audited annual accounts show, underlining the…
Saudi Arabia clarifies on income tax after finance minister's comment
Saudi Arabia has clarified that introducing an income tax is not under discussion. And that the subject has not been…
Lebanon contracts Alvarez & Marsal to do forensic audit
Lebanon’s government agreed on Tuesday to hire a New York-based company to conduct a forensic audit of the country’s central…
Mutasem Dajani succeeds Omar Fahoum as Deloitte's ME boss
Deloitte has appointed company veteran Mutasem Dajani as its new Chief Executive Officer for the Middle East. Dajani succeeds…
Bankruptcies among small and mid-sized businesses to peak, says IMF
The rate of bankruptcy for small- and medium-sized businesses may triple this year in the absence of sufficient government support,…
Green banking can transform sector; sustainability-driven strategies important: KPMG
Green banking will transform the banking market and the integration of environmental and social considerations into product design is only…
Jordan presses sweeping tax evasion crackdown to aid ailing economy
Jordan’s Prime Minister Omar al-Razzaz promised on Sunday to deepen a crackdown on tax evasion that officials say has deprived…