- News centre
- 2018 2018
- Global profit outlook weakens while GCC remains optimistic
- Saudi Arabia releases its draft VAT implementation regulations
- Tax Procedures Law issued in the UAE
- VAT Alert - March 2017
- Cost of VAT to the insurance industry
- CFOs are urged to prepare now
- GCC nations plan simultaneous VAT rollout by 1 January 2018
- Leveraging ERP to create value
- VAT is set to truly be taxing
- Grant Thornton named one of the 50 'Worlds Most Attractive Global Employers'
- Islamic Finance and Christian Finance: A shared heritage
- Annual global survey finds senior business roles held by women up slightly to 24%
- UAE businesses remain cautiously optimistic for the year ahead.
- Strategic challenges highlighted for the UAE insurance sector
- Hisham Farouk, CEO shares insights from the Economic Outlook report on Dubai Eye Radio
- Islamic finance & oil prices: where to now?
- Integrated Performance Management: How is it aligned with shareholder value?
- Hisham Farouk, CEO of Grant Thornton, says it would be advisable for companies to start considering ERP implementation prior to the official VAT date
- Middle East & Africa offers strong market growth for dynamic businesses, with the UAE leading in the region.
- Think responsibly: CSR reporting
- The future of Audit is set to transform in the UAE, leading way to change say Grant Thornton and ACCA
- Digital: The next frontier for hotels
- Outsourcing: Going beyond technical expertise
- Dubai calling: Franchising opportunities in the gateway to the Middle East
- United Arab Emirates Economic Overview 2015
- Oil Prices: Where, Why And What Next?
- Business optimism in the UAE has continued to grow steadily despite the recent instability within the oil & gas sector
- The future of Audit is set to transform in the UAE, leading way to change
- Grant Thornton named as the Strategic Partners of the Year for 2015 with Middle East CFO Alliance
- Hisham Farouk, CEO shares insights from the Hotel 2020 report on Dubai Eye Radio
- Mass personalisation and digital are key for UAE Hotels in run up to 2020
- Women in Eastern Europe point the way to senior management whilst in the UAE the path to leadership gains further support from government initiatives
- Building momentum for the year ahead: Real Estate & Construction outlook
- US$250bn in overseas real estate investment driven by gut feeling rather than data
- Grant Thornton named one of the 50 'World’s Most Attractive Global Employers'
Hotels must speed up the shift to tech-enabled practices to remain relevant in this age of tech-disruption, shifting socio-dynamics and evolving guest preferences.
In the UAE, just 5.5% of leadership positions in the private sector are held by women. Policies alone are not enough to drive real progress according to Grant Thornton UAE’s annual Women in Business report.
A report by Grant Thornton has found that, like their global counterparts, the Gulf Cooperative Council (GCC) countries of Bahrain, Kuwait, Oman, Qatar, Kingdom of Saudi Arabia (KSA) and the United Arab Emirates (UAE), highlights two key features of regional labour markets. There is a general skills shortage as the region embarks on ambitious programmes toward significantly more diversified economies. Over the long-term, though, the economies will be transformed for the better by innovative use of labour-saving technology.
His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE has approved Law No. 7 of 2017 issuing the Tax Procedure Law (‘the Law’). The Law shall be regulated by the recently formed Federal Tax Authority (FTA) of the UAE by the Ministry of Finance.
Saudi Arabia releases its draft VAT implementation regulations, which will now be open to public consultation.
In recent development on the implementation in the UAE, the Public Revenue Department of the Ministry of Finance have today initiated the first of a series of public engagement workshops for practitioners and businesses. The session was well attended with over 500 practitioners who were briefed on the proposed VAT law.
With only 11 months to go before the launch of VAT, CFOs are urged to prepare now says Grant Thornton.
Policy makers in the six-nation Gulf Co-operation Council are aiming to introduce a 5% Value Added Tax (VAT) within the UAE on 1 January 2018.
On 14 February 2017, international accountancy firm Grant Thornton in the UAE in partnership with the DIFC Insurance Association, hosted a VAT seminar discussion on the topic: "VAT and the challenges which the insurance industry needed to be prepared for”.
It is a well-known fact that organisations invest a considerable amount of money and time in implementing their “Enterprise Resource Planning” (ERP) solutions. The combined software and hardware costs tend to be on the high side, with key members of staff typically spending upwards of three years supporting the implementation in some way.