Value-added tax (VAT) will affect sales of goods and services in Bahrain with limited exemptions and consumption tax relief, an expert said, adding that there will be a right for businesses to claim a credit for VAT paid on their business expens
KPMG Fakhro hosted a seminar in Bahrain for entrepreneurs to discuss key challenges that businesses will face in the upcoming years including the changing regulatory and tax environment in the region.
A member firm of KPMG interna
The regional banking sector has entered a new paradigm where we see margin compression, tightening liquidity, moderate asset and profit growth, limited capital market activity, greater focus on cost reduction, a report said.
GCC countries attracted combined investment of $4.57 billion across 64 transactions during the first quarter of 2016, led by the UAE which had 23 targets, said an industry expert.
While Saudi Arabia and Kuwait followed with 15 tar
A new group of KPMG Fakhro staff completed postgraduate professional qualifications with support from the firm’s Jassim Fakhro People Development Fund.
The fund, created to honour Jassim Fakhro, the co-fo
The Organization for Economic Co-operation and Development (OECD) has launched the Automatic Exchange of Information (AEOI) also known as the common reporting standard (CRS) - a globally co-ordinated approach to disclosure of account informati
KPMG Fakhro staff pursued and completed the Certified Public Accountant (CPA) qualification, with the support from the firm's Jassim Fakhro People Development Fund.
The fund, created to honor Jassim Fakhro,
Despite the risks associated with cyber breaches, only about 49 per cent are fully prepared for a future cyber event, accoridng to chief executives of global businesses in a major study released by KPMG International.
KPMG International announced aggregated network revenues of $24.44 billion for the fiscal year ending September 30, representing an 8.1 per cent increase in local currency terms, up from 6.3 per cent in the previous year. “This has been
GCC family businesses lack succession planning, sound corporate governance and transparency making them vulnerable to global headwinds, a leading expert has said.
However, KPMG in Bahrain partner Harish Gopinath feels regional fam