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Go Beyond Series
Go Beyond in Egypt
Egypt is an attractive investment destination for many reasons, with one of the most obvious being its geographic location. The country lies in the heart of North Africa and serves as a bridge between Europe, Asia, and Africa. This makes it strategically crucial on both global and regional levels, creating promising prospects for investments in transportation, logistics, as well as other infrastructure projects
Zakat and Tax Home
Go Beyond Series
Go Beyond in Egypt
Egypt is an attractive investment destination for many reasons, with one of the most obvious being its geographic location. The country lies in the heart of North Africa and serves as a bridge between Europe, Asia, and Africa. This makes it strategically crucial on both global and regional levels, creating promising prospects for investments in transportation, logistics, as well as other infrastructure projects
Financial services Home
Blog
Evolution of the Financial Services Industry in KSA
The financial services industry is experiencing a seismic shift. Disruptive companies such as Uber and Airbnb have disrupted traditional businesses such as hotel chains and taxi firms with innovative technologies. In the same vein, financial technology (FinTech) startups are shaking up the financial services industry with innovative technologies that are changing how we bank, make payments, and invest.
Travel, tourism & leisure Home
Aviation Insights
Preparing for the return of travel
From liquidity to debt and restructuring, we address the diverse and complex
challenges faced by airlines, leasing companies and aircraft funds in particular.
We also consider implications for employers and how financial planning for the
medium and long term will be affected.
Healthcare Home
GrowthiQ
Lessons on big data from the healthcare sector
The healthcare sector is still experimenting with using big data but, as Anne McGeorge the national managing partner of healthcare at Grant Thornton US shares, it already has plenty to teach us about the benefits and challenges of big data analytics.
According to the decision issued by the Government of the Kingdom of Saudi Arabia Ministry of Finance on 11 May 2020 announced several measures, one of them was to increase the Value Added Tax (VAT) rate from 5% to 15% effective from 1 July 2020.
In this regard, General Authority of Zakat and Tax (GAZT) has issued Guidance on the transitional provisions that would need to be considered for supplies that are made during the transitional period.
We provide a summarised overview.
Contact our team to discuss this update further.