Dar Al-Arkan says land tax unlikely to hurt business
Dar Al-Arkan Real Estate Development Co., one of Saudi Arabia's largest listed property firms, said a planned tax on undeveloped…
Tax
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Some UAE employees report 36% pay hike
A number of UAE employees in certain companies had more than one reason to smile about last year. According…
No where to hide: Israel, UK ally against tax evasion epidemic
In Britain, the mix of politics, the upcoming elections, the budget deficit and public pressure has provoked a whirlwind of…
KPMG tie partnership to launch Audit Committee Institute
KPMG, an audit services firm, and Hawkamah, the institute for corporate governance, have partnered to establish the Audit Committee Institute…
AAOIFI Board of Trustees meets, elects chairman and vice chairman
The Board of Trustees of Accounting and Auditing Organisation for Islamic Financial Institutions held its meeting on Thursday 12 March…
What may convince UAE to impose VAT
The UAE remains one of the most tax-friendly destinations in the world for both expatriates and investors alike, according to…
Israel's Bank Hapoalim profit dips on provision for U.S. tax probe
Bank Hapoalim, Israel's largest lender, reported lower quarterly profit as it set aside money for streamlining and for a potential…
Baker Tilly Kuwait Provides New Services For Individuals
Baker Tilly Kuwait for Audit, Tax and Consulting is pleased to announce a new consulting service for individuals with respect…
Israel regulator seeks bank provisions to cover possible tax settlements-Army radio
Israel's banking regulator has demanded that two of Israel's largest banks set aside money to settle possible U.S. tax evasion…
Kuwaitis Have $1.1b In Swiss Banks – Probe Sought On Clients
The Ministry of Finance has asked the Central Bank of Kuwait to address the HSBC branch in Switzerland to provide…
CBB's Governor: Bahrain doesn't impose taxes on investments
The Central Bank of Bahrain Governor Rasheed Al Maraj said the drop in oil prices had not affected liquidity in…
Was Bank Leumi too hasty in revealing U.S. clients' info to the IRS?
The issue of whether Israeli banks should take the Swiss approach and refuse to disclose customer identities may be a…