Sunday 11 December 2016
 
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KPMG

Governance ‘key to GCC family business success’

Family businesses in Bahrain and around the GCC must focus on governance, succession and structure to ensure sustainability and bolster against external pressures, according to experts. Around 30 prominent members of family office

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Banks 'must now evaluate VAT implications'

Banks and other financial service providers in Qatar will need to think carefully about their procurement processes, operating models and systems to prepare for the upcoming introduction of Value-Added Tax (VAT) according to KPMG’s global

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KPMG event unveils new trends in internal audit

KPMG, a global network of professional firms providing audit, tax and advisory services, recently brought together over 85 internal audit leaders for an event on emerging trends in internal audit in Bahrain. Organised by K

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Construction, real estate 'key to UAE growth'

The building, construction and real estate sector has been one of the cornerstones of the UAE economy for some time and will continue to play a crucial role in the country’s long-term economic diversification, said an expert at a key indus

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Majority of UK CEOs mull moving ops abroad post-Brexit

Three-quarters of British company bosses are considering moving operations abroad following the vote to leave the European Union, according to a survey published on Monday. The KPMG survey of 100 UK chief executives, from companie

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KPMG opens new office in Bahrain

KPMG in Bahrain has announced the opening of its new office at the Bahrain Financial Habour as part of its efforts to address the local business community’s needs. The new office, located close to the Bahrain Investment Cent

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Venture capital deals fall fourth quarter in a row

A total $27.4 billion invested across 1,886 venture capital deals globally during the second quarter (Q2) of 2016, representing a fourth-straight quarter of investor pull-back in activity, a report said. The total number of deals

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Next 3 years critical to business, say global CEOs

While 72 per cent of chief executive officers (CEOs) believe the next three years will be more critical to their industry than the previous 50, they are confident in their company’s growth prospects, a report said. Further f

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Aligning board talent with strategy ‘key challenge’

Three-quarters of directors say the alignment of board talent with the company’s long-term strategy is a critical challenge for their board, according to a new report released by professional services group KPMG. Three in fi

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Firms ‘can claim credit for VAT paid on expenses’

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

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