Ernst & Young | Al Bawaba

Ernst & Young latest

At least 42,000 expatriate professionals will enter Kuwait to apply value added and selective taxes. (Shutterstock)

March 4th, 2019 - 10:08 GMT

At Least 42,000 Expats to Enter Kuwait Due to VAT

Ernst & Young’s partner, Alec Schoch, said at least 42,000 expatriate professionals will enter Kuwait to apply value added and selective taxes, reports Al-Rai daily.

The political instability in some markets across the region such as Egypt and Syria has forced an upward growth in leisure demand in Dubai

February 26th, 2012 - 09:43 GMT

Dubai hotels: New source markets emerge back ontrack

Hotels in Dubai and Saudi Arabia outperformed other markets in the Middle East last year

February 16th, 2012 - 08:54 GMT

Dubai and Saudi hotels lead the region

Dubai was the sole tourist destination in the region that has shown a rise in occupancy and revenue per available room with a very slight decline in room rates

January 31st, 2012 - 09:51 GMT

Dubai has proven its magnetic attraction

Dubai is the sole tourist destination in the region that has shown a rise in both occupancy and RevPar, with a very slight decline in room rates

January 12th, 2012 - 05:38 GMT

Change in political landscape realigns MENA hospitality sector

There has been a recent clampdown on corruption in some countries which has resulted in more transparent, business-friendly and reform-minded government initiatives

December 26th, 2011 - 05:52 GMT

Tax troubles in the MENA region

Al Bawaba

November 29th, 2011 - 10:56 GMT

World's 25 fastest growing markets

Currently the segment has a market share of 14 percent in the region

November 23rd, 2011 - 03:05 GMT

Gulf Islamic banking gains big

Beirut’s RevPAR was down 31.2 percent year-on-year, compared to a decrease of 9.8 percent across the region

November 1st, 2011 - 08:49 GMT

Occupancy at Beirut hotels down to 55 percent

The number of major global catastrophes, including Middle East regional risks, has resulted in a significant increase in claims and associated costs for this calendar year, which in turn has placed constraints on some parts of the insurance market

October 3rd, 2011 - 03:51 GMT

Insurance sector defies the odds in the Middle East

The top countries that saw the largest number of transactions in Q2 2011 were the UAE and Saudi Arabia

September 21st, 2011 - 02:57 GMT

Total mergers & acquisitions deals in the (MENA) registered a rise of 36 percent

The UAE records the largest occupancy rate increase in all of MENA for the second consecutive month and Dubai remains one of the most steadily growing markets in the region

September 5th, 2011 - 07:52 GMT

Dubai hotels top regional room yields

Al Bawaba

June 29th, 2011 - 08:26 GMT

Omani banks need expertise to deal with Islamic banking, say experts