Saturday 27 May 2017
 
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EY

Mena M&A activity down 27pc in Q1

Mergers and acquisition (M&A) activity in the Mena region declined in the first quarter (Q1) of 2017 recording 84 deals, compared to 115 deals in Q1 of 2016, according to the Q1 2017 M&A report from global professional services firm EY.

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43pc in Mena still say fraud is a problem: report

About 43 per cent in Mena still perceive fraud as a problem in their country, while 57 per cent do not believe that management has emphasized the importance of high ethical standards, a report said. Nevertheless, 48 per cent belie

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What are the key points of planned VAT in UAE?

The UAE Ministry of Finance (MoF) hosted a value added tax (VAT) briefing session for advisors recently. The session aimed to send a clear message to the market, which is that VAT is coming and businesses must begin to prepare immediately, said

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What are the key points of planned VAT in UAE?

The UAE Ministry of Finance (MoF) hosted a value added tax (VAT) briefing session for advisors recently. The session aimed to send a clear message to the market, which is that VAT is coming and businesses must begin to prepare immediately, said

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Dubai hospitality market top Mena performer in January

Dubai’s hospitality market emerged as the top Mena performer in January, representing the highest occupancy at 85.7 per cent and highest RevPAR of $246 - over three times the average RevPAR recorded in other Mena cities, a new report revea

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EY most attractive employer in ME among Big 4

EY, a leading professional services provider, was named the most attractive employer among the Big 4 accounting firms by business and commerce students in the UAE, Saudi Arabia, Qatar and Kuwait, a report said. In Egypt and Lebano

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EY creates borderless advisory services

EY, leading global professional services organisation, has announced the creation of borderless advisory services for its clients across Africa, India and the Middle East (AIM) region. Led by Gerard Gallagher, the newly appointed

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GCC VAT revenues to top $25bn per year

The adoption of value added tax (VAT) by the GCC countries marks a major shift in tax policy, said an industry expert, adding that the VAT of 5 per cent is expected to produce revenues of over $25 billion per annum for the six countries.

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Islamic banking assets surge to $924bn in 2015

The assets of Islamic banking reached $924 billion in 2015, with growth rates declining across all regions compared to previous years, says a new report from professional services firm EY. The GCC region’s share of participa

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Islamic banking assets surge to $924bn in 2015

The assets of Islamic banking reached $924 billion in 2015, with growth rates declining across all regions compared to previous years, says a new report from professional services firm EY. The GCC region’s share of participa

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