KPMG suspended in Oman over 'irregularities'
Oman’s Capital Markets Authority has suspended audit firm KPMG from auditing entities it regulates for one year after uncovering “major…
Tax
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Andersen Global Announces Expanded Presence in Saudi Arabia
Alrikaz becomes a collaborating firm of Andersen Global Andersen Global furthers its expansion into the Middle East with news…
UAE cenbank governor expects 2.8 pct GDP growth this year
The United Arab Emirates central bank expects gross domestic product to grow by 2.8 percent in 2018, its governor said…
Deloitte Middle East adds Jason Riche to head up tax technology function
Deloitte has bolstered its tax technology services line in the Middle East with the recruitment of Jason Riche from the…
U.S., Israel Expected to Announce Talks on New Bilateral Tax Deal
U.S. Treasury Secretary Steven Mnuchin and Finance Minister Moshe Kahlon are expected to announce on Monday that they will be…
Accelerating digital transformation in banking
Consumers around the globe expect their banks to act and interact more like top technology brands. Our latest global consumer…
Global Forum publishes compliance ratings on tax transparency for further seven jurisdictions
The Global Forum on Transparency and Exchange of Information for Tax Purposes (the Global Forum) published today seven peer review…
Crowe Oman Opens New Office
H E Nasser Hamood al Rawahy, deputy chairman of The State Audit Institution, recently inaugurated the new office premises of…
NY fines UAE's largest bank over lax money-laundering safeguards
Financial Services Superintendent Maria T. Vullo today announced that the Department of Financial Services has fined United Arab Emirates-based Mashreqbank…
Internal audit needs to go digital
The ongoing era of digital transformation taking place in the region promises profound change and great opportunity, but it also…
How the United Arab Emirates became an oasis for tax evaders
The war on cross-border tax evasion, declared by America over a decade ago and since joined by other governments, has…
5% VAT 'a starting point' for GCC, says banking chief
Gulf Cooperation Council (GCC) states could see higher rates of value-added tax (VAT) in the future, with the current five…