Tax

Regulation, Risk & Compliance

Federal Council adopts dispatches on new double taxation agreement with Bahrain and amendments to DTA with Kuwait

August 26, 2020

During its meeting on 26 August 2020, the Federal Council adopted the dispatches on a new double taxation agreement (DTA)…

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Comment & Analysis

Blockchain moves from promise to reality

August 25, 2020

Once classified as a technology experiment, blockchain has made the leap from theoretical to practical. Deloitte's Linda Pawczuk, Brian Hansen,…

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Fraud & Ethics

Global Anti-Money-Laundering Fine Amounts Released

August 14, 2020

An Overview of Financial Crime Fines   Money laundering has consistently been a key area of focus for enforcement action,…

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Executive Moves

Credit Suisse executive Samir Ojha to join EY as partner

August 10, 2020

Professional services firm EY has roped in Samir Ojha of Credit Suisse to join as partner in its investment banking…

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Regulation, Risk & Compliance

Lebanon central bank governor inflated assets as liabilities grew, says audit

July 27, 2020

Lebanon’s central bank governor inflated the institution’s assets by over $6bn in 2018, its audited annual accounts show, underlining the…

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Comment & Analysis

Saudi Arabia clarifies on income tax after finance minister's comment

July 23, 2020

Saudi Arabia has clarified that introducing an income tax is not under discussion. And that the subject has not been…

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Regulation, Risk & Compliance

Lebanon contracts Alvarez & Marsal to do forensic audit

July 22, 2020

Lebanon’s government agreed on Tuesday to hire a New York-based company to conduct a forensic audit of the country’s central…

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Executive Moves

Mutasem Dajani succeeds Omar Fahoum as Deloitte's ME boss

July 21, 2020

Deloitte has appointed company veteran Mutasem Dajani as its new Chief Executive Officer for the Middle East.    Dajani succeeds…

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Comment & Analysis

Bankruptcies among small and mid-sized businesses to peak, says IMF

July 17, 2020

The rate of bankruptcy for small- and medium-sized businesses may triple this year in the absence of sufficient government support,…

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Comment & Analysis

Green banking can transform sector; sustainability-driven strategies important: KPMG

July 17, 2020

Green banking will transform the banking market and the integration of environmental and social considerations into product design is only…

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Regulation, Risk & Compliance

Jordan presses sweeping tax evasion crackdown to aid ailing economy

July 13, 2020

Jordan’s Prime Minister Omar al-Razzaz promised on Sunday to deepen a crackdown on tax evasion that officials say has deprived…

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Executive Moves

EY appoints Ahmed Al-Esry as MENA Tax Leader

July 8, 2020

EY appoints Ahmed Al-Esry as Tax Leader across the Middle East and North Africa (MENA) region, leading a team of…

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