Tax

Keeping abreast of tax developments is essential for any business hoping to optimise its financial position. In Saudi Arabia, Deloitte & Touche Bakr Abulkhair & Co. maintains a continuous dialogue with the Department of Zakat and Income Tax (DZIT) to ensure that we offer our clients the best advice possible. Additionally, through roundtables and road shows across...

Although traditionally seen as a region of high carbon emissions, the Middle East is gradually taking steps toward change, pushing for greater use of renewable energy. Saudi Arabia is among those governments in the region that are setting ambitious targets for renewable energy use – in early 2012 the Kingdom, along with Kuwait, and Oman,...

As governments work to realign their development plans with current economic realities, and investors reshape business models with the same aim, the GCC construction sector offers a useful example of the importance of taking stock and moving on. While many construction markets in the Middle East have stalled in recent years, Saudi Arabia’s...

In 2012 the Saudi government allocated SR86.2bn ($23bn) to health and social affairs, the largest amount in its history. Upgrading the health sector has become part of the country’s social strategy as it strives to accommodate the needs of a growing population expected to reach 32.8m by 2016.

In less than three years Indonesia will encounter the ASEAN Free Trade Area (AFTA), which will eliminate intraregional tariffs and non-tariff barriers among the South-east Asian countries, with a view to integrate the economies in the region into a single production base and regional market. AFTA is aimed to increase ASEAN’s competitive edge, to attract investment and...