Wednesday 23 July 2014
 
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Ernst & Young

E&Y seminar probes Saudi Zakat regulations

New Zakat regulations currently being implemented by Saudi Shura Council's new committee were the subject of Ernst & Young (EY) annual tax seminars in Jeddah, Riyadh, Al Khobar and Bahrain. "EY remains committed to co

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Solar EOR to create 200,000 jobs in Oman

The deployment of Solar enhanced oil recovery (EOR) in Oman will have a significant and lasting impact on its economic growth as it will create over 200,000 jobs in the Sultanate, said a report from Ernst & Young (EY). Oman is

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Experts put spotlight on Mena tax issues

Leading advisory firm Ernst & Young hosted a conference in Houston, Texas to discuss the recent developments with regard to tax policy and foreign investments in the Mena region. The 'Mena Tax Seminar' was attended by

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Mena inbound M&A value doubles to $10.6bn

The value of disclosed inbound deals in Mena increased to $10.6 billion in the first half of 2013, up from $5.1 billion during the same period last year, marking a rise of 108 per cent, a report said. Outbound deal value dropped b

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E&Y launches business center of excellence

Ernst & Young (E&Y) has announced the launch of its Global Family Business Center of Excellence, a powerful new online resource. The center showcases E&Y’s long and deep commitment to family businesses and provid

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Islamic finance 'ideal for new markets'

Islamic trade finance could provide new opportunities and become the preferred choice for emerging rapid growth markets (RGMs), according to Ernst & Young’s Global Islamic Banking Center. RGMs, such as Turkey, Indonesia

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Regulations ‘helping business growth in Mena’

Eighty-one per cent of senior executives in the Mena region believe that the current regulatory environment provides support for business growth, a report said. Business confidence across Mena was broad based, with respondents pos

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GCC projects to hit $1.35 trillion by 2013-end

The GCC projects industry is expected to have another stellar year in 2013 as the value of contracts to be awarded is poised to reach $1.35 trillion by year-end, significantly higher than the $730 billion total last year, said an expert ahead of

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Public-private partnership 'must for affordable housing'

  Regional governments must collaborate more with the private sector to help address the growing crisis of affordable housing, a new report said.   Saudi Arabia has some of the GCC’s lowest &l

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E&Y, AAOIFI ink Shari’a agreement

Ernst & Young has signed a working agreement with Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) to assist in Shari’a certification of core banking systems (CBS) used by Islamic banks. O

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