Wednesday 24 August 2016
 
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KPMG

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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KPMG hosts seminar for entrepreneurs in Bahrain

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

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GCC banking sector seeing new challenges

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. Howev

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GCC attracts $4.5bn investment in Q1

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

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KPMG Fakhro staff complete professional certifications

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

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OECD launches common reporting standard

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

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KPMG Fakhro staff complete CPA certification

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,

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