Middle East M&A defies global slowdown with double-digit growth
UAE, Saudi Arabia and Egypt dominated activity, driving 89% of all deals Intra-regional transactions rose to 134 deals, signalling deeper…
Tax
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Federal Tax Authority organises “Innovation Retreat” on Taxes’ 'Zero Digital Bureaucracy'
The Federal Tax Authority's “FTA's Innovation Team”, in collaboration with the '01Gov' platform, recently organised an employee retreat as part…
KPMG in Qatar welcomes class of 2025: Building the next generation of business leaders
KPMG in Qatar proudly welcomed a new cohort of talented young professionals this week as part of its Annual Graduate…
Federal Tax Authority announces AED 3.2bln in tax refunds for UAE nationals building new residences by June 2025
The Federal Tax Authority continues to see strong results from its digital VAT refund systems for eligible categories, maintaining high…
UAE announces new tax benefits for fair value investment properties
The UAE Ministry of Finance has issued a Ministerial Decision allowing taxpayers to claim tax depreciation on investment properties held…
Qatar's GTA refers 13 companies to the Public Prosecution for tax evasion
The General Tax Authority announced the referral of 13 companies to the Public Prosecution. This action came after these companies…
UAE signed 146 agreements to avoid double taxation on income in 2024
The UAE signed 146 agreements to avoid double taxation on income by the end of 2024, as the country continues…
Oman to introduce 5% income tax on high earners from 2028
Oman will implement a 5% income tax on individuals with annual earnings exceeding RO42,000 starting January 2028, marking a milestone…
EY, ELM, IBM and PwC list in LinkedIn’s top employers list for Saudi Arabia
Global career platform LinkedIn has released its 2025 list of Saudi Arabia’s top employers, with four professional services firms ranking…
VAT: How should UAE businesses factor in barter deals?
It is a common knowledge that VAT is applicable on the supplies of goods or services for consideration. ‘Consideration’ could…
Latest KPMG study reveals dip in AI trust amid rising adoption
In a bid to better understand the general sentiment towards artificial intelligence (AI), KPMG, in collaboration with Melbourne Business School,…
Bain & Company named Great Place to Work in Saudi Arabia
The Great Place to Work Institute has named Bain & Company among Saudi Arabia’s top employers, following an annual benchmark…