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At least 42,000 expatriate professionals will enter Kuwait to apply value added and selective taxes. (Shutterstock)

March 4th, 2019 - 10:08 GMT

At Least 42,000 Expats to Enter Kuwait Due to VAT

Ernst & Young’s partner, Alec Schoch, said at least 42,000 expatriate professionals will enter Kuwait to apply value added and selective taxes, reports Al-Rai daily.

Anti-Brexit demonstrators protest outside Parliament with a giant "Vote Down Brexit" spelled out in illuminated letters. (AFP/ File)

January 8th, 2019 - 10:00 GMT

Brexit in Trouble: EU, British Officials Move to Extend March 29 Deadline of UK Exit From Europe

Gartner researchers has put a figure of $155 billion on MENA region IT spending in 2018, with banking and securities firms leading spending growth. (Shutterstock)

October 1st, 2018 - 04:52 GMT

MENA Finance Firms Spend $155 Billion in Digital Disruptive Technologies

Saudi companies are more optimistic about revenue growth than they were last year. (Shutterstock)

September 10th, 2018 - 06:40 GMT

Survey: Ernst & Young Predicts 10 Percent Growth for Saudi Companies

With the tax projected to be put into effect in the near future in the sultanate, OABC and EY are working with companies throughout Oman to help them with this transition. (Shutterstock)

September 9th, 2018 - 08:27 GMT

Oman Gears Up Public for VAT Seminars

From the year’s biggest IPOs to Saudi Arabia’s new dependent fee and the Qatar crisis, here’s a roundup of some of the most significant business stories of 2017. (AFP)

December 31st, 2017 - 05:28 GMT

2017 Year in Review: Al Bawaba’s Top 10 Business Stories

The Middle East and North Africa (MENA) region saw 400 percent more IPOs in 2017 compared to the same period of 2016, according to a new report. (AFP/ File)

December 11th, 2017 - 06:00 GMT

IPOs in MENA up 400 Percent in 2017: Report

Regional economies, including Saudi Arabia, have been hit hard by the drop in oil prices, boosting the need for reforms such as subsidy cuts and the introduction of a value-added tax (VAT). (File photo)

April 13th, 2017 - 01:03 GMT

A tax on the rich will eliminate the need for VAT in GCC: Expert

Global experience has shown that VAT training and education is fundamental to ensuring successful VAT implementation. (Shutterstock)

March 15th, 2017 - 12:00 GMT

GCC firms underprepared for VAT introduction: EY

When it comes to the question of cyber-security, organisations in the region have shown a rather cavalier attitude, dominated by a ‘why me?’ mind-set. (Shutterstock)

February 12th, 2017 - 12:32 GMT

MENA M&As are prime targets for cyberattacks: FireEye

94 basic food products would be exempted from the tax in the UAE. (File photo)

July 20th, 2016 - 07:35 GMT

What you need to know about VAT: Part two

To win the World’s Most Attractive Employer title, companies must appear in the top 90 per cent of employers within at least six regional markets. (File photo)

June 30th, 2016 - 07:38 GMT

Cream of the crop: The world's most attractive employers

Around 220,000 Jordanians used to come to Lebanon by land but stopped visiting the country when the borders closed following the war in Syria. (File photo)

May 4th, 2016 - 11:00 GMT

Lebanon: Industry officials call for reduced airfares to boost tourism