Privatisations are a tricky fourth leg of Egypt’s reforms
Egypt’s government in the past few weeks has completed the three toughest parts of its economic reform. It devalued the…
Tax
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Kuwait retains its sixth-place ranking as one of the world's best tax environments
As its domestic and international businesses await major regulatory change with the introduction of VAT from January 2018, Kuwait has…
External audits is the way forward for Islamic finance
Wider acceptance and adoption external Sharia audits across the Islamic finance industry will go a long way in preserving the…
Qatar one of world's most tax-friendly jurisdictions
Businesses in Qatar have started preparing for the introduction of VAT (value-added tax) from January 2018. However, despite the…
UAE MoF announces $1.58 bln revenue from e-Dirham in 1st 9 months 2016
Government revenues from the e-Dirham system during the first nine months of this year stood at AED 5.8 billion. …
Argentina and UAE sign double-taxation treaty
The United Arab Emirates and Argentina signed this Thursday an agreement to avoid double taxation, reported the Emirates News Agency.…
UAE faces tax haven blacklist threat from G20
The United Arab Emirates is at risk of being put on a tax haven blacklist unless it promises to help…
Withers grows Dubai team with addition of Ton van Doremalen
International law firm Withers has hired corporate tax specialist Ton van Doremalen as International Tax Director in its Dubai tax…
External sharia audits gain traction in Islamic finance – study
External sharia audits are gaining support in Islamic finance as consumers and regulators seek more transparency and accountability, a study…
Credit Suisse Just Placed Five Employees On Leave Over a Tax Probe
After employees in Israel allegedly helped dual Israeli and U.S. citizens to evade American taxes. Credit Suisse has placed…
Egypt is experimenting with the IMF’s ideal reforms
During an interview on Al-Jazeera, the managing director of the International Monetary Fund, Christine Lagarde, has expressed her optimism about…
Kuwait signs deal to set up tax info. swap with the US
The Ministry of Finance has signed a contract with the audit taxation bureau, Baker Tilly, in collaboration with Faizur Company,…