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…
Tax
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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…
EY appoints Ahmed Al-Esry as MENA Tax Leader
EY appoints Ahmed Al-Esry as Tax Leader across the Middle East and North Africa (MENA) region, leading a team of…
New body speeds up processing of Saudi judicial liquidation
Local and international licensed companies in chartered accounting, legal services, judicial custody, treasury and other areas are to benefit from…
Saudi Arabia: 15% VAT hike comes into effect
Saudi Arabia’s decision to raise the value-added tax rate to 15 per cent was enforced on Wednesday on all goods…
GTA launches new tax portal; companies required to register on ‘Dhareeba’
The General Tax Authority has launched the first phase of the new online tax paying system called, “Dhareeba”. All…
TheCase: Calculating the new VAT in Saudi Arabia
Activation of the new VAT — with value-added tax on goods and services to increase from 5 percent to 15…
Deloitte: 82% of Surveyed Banking Customers in the Middle East Willing to Start Using Fintech Solutions
Deloitte has just released its inaugural edition of the Middle East FinTech study to shed light on one of the…
Defining the paramater of ‘economic substance’ in UAE's new law
The UAE has been a tax haven - but since it was included in the “grey list” by OECD in…
Egypt- IDB pre-tax profit increases %3.1 to EGP 391m in 2019
The Industrial Development Bank reported pre-tax profit of about EGP 391m at the end of December 2019, compared to about…