UAE welcomes removal from EU tax haven list
The UAE has welcomed the decision by the European Union to remove the country from a list of 'uncooperative tax…
Tax
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Chartered accountants need to adapt to stay relevant
Chartered accountants will have to embrace new technologies such as artificial intelligence and blockchain to remain relevant or risk doing…
50-75% of banking sector's back and middle office jobs to be taken over by robots by 2030s
We live in interesting times. From political turmoil and election surprises to rising nationalism and protectionism, any outsider may well…
EU to remove Panama, Korea, UAE and five others from tax haven blacklist
European Union officials have proposed removing eight jurisdictions from the blacklist of tax havens the bloc adopted in December, in…
UAE to be removed from EU blacklist of tax havens
The European Union will probably remove the UAE and South Korea from a blacklist of tax havens later this month,…
Baker McKenzie Habib Al Mulla launches tax practice
One of the UAE’s leading law firms has responded to the new tax environment in the country by launching a…
Residents think before spending after VAT imposed in UAE
Many people Khaleej Times spoke to are now thinking twice about making a new purchase as they try to stick…
Banks in Lebanon warn of double taxation consequences
Bankers said Tuesday they would be obliged to raise interest rates on lending and reduce rates on customer deposits if…
VAT to introduce transparency, industry leaders say
By the time you read this, Value Added Tax will have already come into effect in the UAE. The…
VAT to deliver greater fiscal boost to UAE compared to GCC peers — experts
The impact from the introduction of VAT will be different across GCC countries, but it will have the biggest boost…
Saudi officials detain 11 princes after they protested at a royal palace over austerity measures including being forced to pay their own utility bills
Saudi authorities have detained 11 princes after they protested at royal palace in Riyad against austerity measures including having to…
UAE financial services community targeted by fake DFSA scam
The United Arab Emirates financial services community has been targeted by fraudsters using a fake document from a Dubai regulatory…