News

Yemen Newsletter - Spring 2018

YEMEN

By Mohamed Alqubati, Managing Partner of Moore Stephens Yemen

BUSINESS AS USUAL

This is a story of 30 people who found hope and achieved success, despite the difficulties and hardships of conflict in Yemen and who have inspired many more people since. The background is a mid-size auditing firm of 30 people who through adversity and loss of hope resolved that they only have one choice to make.

United Arab Emirates Newsletter - Spring 2018

Value Added Tax (VAT) has been introduced in the UAE on 1 January 2018. The VAT Law in UAE is framed in accordance with the GCC VAT Framework and is governed by Federal Decree-Law No. (8) of 2017 read with the related Regulations issued by the Federal Tax Authority (FTA). 

Saudi Arabia Newsletter - Spring 2018

Saudi Arabia now in MSCI EM

MSCI announced the inclusion of Saudi Arabia into the MSCI EM Index, as expected, with a weight of 2.6%. MSCI, in its annual market classification review, on 20 June added Saudi Arabia to the MSCI Emerging Market (EM) Index. Saudi Arabia, on the other hand, gains a substantial lead in the Gulf Cooperation Council (GCC) region with a 2.6% weight, when compared to Qatar’s 0.8% and the UAE’s 0.6%.

Pakistan Newsletter - Spring 2018

Code of Corporate Governance for Listed Companies

Since its first implementation in the year 2002, the Code of Corporate Governance, for listed companies of the country, has witnessed various changes over the period. A round has recently been carried out by Securities and Exchange Commission of Pakistan (SECP) for a 360 degree review of corporate governance practices in the country.

Oman Newsletter - Spring 2018

OMAN DEVELOPMENTS AT A GLANCE

- WITH HOLDING TAX
- CO-OPERATION WITH OECD
- BUDGET FOR 2018
- OMANISATION INCENTIVE FROM EMPLOYING STUDENTS
- BRANCH REGISTRATION FACILITATED FOR GCC COMPANIES

 

Iraq Newsletter - Spring 2018

Iraq’s 2018 Federal Budget: Key features and trends

Iraq’s parliament approved the 2018 federal budget on 03 March 2018 after amendments were made by the parliamentary finance committee to the original bill submitted by the government.

Now in Baghdad

We are pleased to inform you that our firm in Erbil has just opened a branch in Baghdad, Rowad street, Mansour district opposite to Mansour Mall.

You're invited to our new cloud accounting solution launch event

We’re delighted to invite you to our event on 23 January, at which we’ll be talking about the latest innovations in accounting technology and officially launching our new cloud accounting solution; Stream powered by RSULT. A complete online finance and accounting solution, you can view and drill down into your financial data through one easy-to-use central hub, providing automation, better integration, increased efficiency and real-time data to manage your business.

PAKISTAN - Code of Corporate Governance for Listed Companies

Since its first implementation in the year 2002, the Code of Corporate Governance, for listed companies of the country, has witnessed various changes over the period. A round has recently been carried out by Securities and Exchange Commission of Pakistan (SECP) for a 360 degree review of corporate governance practices in the country. As a result we have a new Code effective from January 01, 2018, providing for deferred compliance with its certain requirements, including composition of Board of Directors (“the Board”) and their training under the Directors’ Training Program. New Code is also applicable to all other entities where their statutes and underlying licensing requirements require compliance with the Code.
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