Business leaders and tax specialists from across the Middle East, South Asia, the US and the UK converged in Doha last week to participate in a major regional tax conference hosted by KPMG.
Speaking at the First Plenary Session, Ashok Hariharan, Partner and Head of Tax for the Lower Gulf, mentioned that the global trends of lowering the corporate tax rates, increasing indirect taxes and generally...
MUSCAT: Al Hassan Electricals lighting division, in association with Osram and Traxon, presented the latest information and developments in LED lighting solutions yesterday at the Crowne Plaza Hotel. The event was attended by high-profile lighting designers, architects, interior designers, consultants and media.
The event in Muscat is part of Osram's regional LED roadshow which is covering the...
MUSCAT: The Government of Oman has contributed $50,000 per year for a period of five years as part of the long-term Yellow Fever Initiative, informed a top level delegation from the World Health Organisation Headquarters (WHO-HQ), who are currently on a visit to the Sultanate.
"Oman is the first donor for the Yellow Fever Initiative in the Middle East region," noted Dr Marie-Paule Kieny...
MUSCAT: Fairtrade Group Holding launched Wiesmann, the pure sports cars, in the Sultanate yesterday.
Fairtrade Automotive Services has partnered with Wiesmann GmbH to bring these pure sports cars in limited number to maintain the brand's high level luxury of individuality.
"Our plan in the next five years is to sell 50 cars in the GCC while we want to sell 500 cars in five years worldwide,...
MUSCAT: As many as 65 industry experts, representing Vale's key partners and clients from more than 25 international organisations, have congregated in Oman for five days, exhibiting the latest technological trends in Direct Reduction (DR), DR processes and iron ore product applications.
Brazil-based Vale, the world's largest producer of iron ore and pellets, hosted an opening ceremony to...
The MSM30 Index increased 0.51 per cent to close at 6,550 points. The advance to decline ratio at the end of the trading session stood at 3.22:1. The total shares exchanged decreased by 45.18 per cent to 7.242 million shares and the total value traded decreased by 31.40 per cent to RO4.386 million.
The market breadth was positive with 29 gainers and nine losers out of 53 traded securities. Among...
As the world emerges from severe recession in decades, the desire of governments globally to rebalance their books and guard against future downturns has rarely been stronger. And, according to a new report from KPMG International, across the Middle East and South Asia (Mesa) region, all eyes are on taxation as a key component of the drive to create strong and stable economies.
The traditional...
Qatar, the world's biggest liquefied natural gas (LNG) producer, may divert more cargoes away from the US to emerging markets in Asia and South America, energy minister Abdullah Al Attiyah said.
The emirate may sell a further 7 million metric tonnes of the cleaner-burning fuel to China and 4 million to 5 million tonnes to India as it diverts cargoes dedicated to the west, Al Attiyah said at a...