
Gulf Countries Reshaping Middle East in Their Image
While the Gulf countries have always played an influential role in shaping the geopolitical landscape of the Middle East, their...

The UAE’s Ambitious Foreign Direct Investment (FDI) Goals: A Bold Vision for 2031
The United Arab Emirates (UAE) has long been recognized as a global business hub, attracting multinational corporations, entrepreneurs,...

Strengthening AML and CFT Compliance in Dubai: A Closer Look at Education and Enforcement
Dubai has emerged as a regional leader in combating financial crimes, bolstering its anti-money laundering (AML) and counter-financing of...

Exploring Aviation Finance Law in the UAE: Legislation, Companies, and Growth
Aviation finance law in the United Arab Emirates (UAE) plays a crucial role in the country's thriving aviation sector. One of the key...

Understanding Lack of Exchangeability - Amendments to IAS 21
In the world of accounting and finance, staying updated with international standards is crucial for ensuring accuracy and transparency in...

Understanding the Domestic Minimum Top-Up Tax (DMTT) in the UAE: A Key Component of Global Tax Reforms
The UAE has introduced a significant tax reform under the framework of the OECD's Base Erosion and Profit Shifting (BEPS) 2.0 initiative....

Unveiling the Dynamics of Non-Current Liabilities with Covenants: Amendments to IAS 1
In the realm of finance, adherence to accounting standards is crucial for companies to maintain transparency and consistency in their...

Understanding Supplier Finance Arrangements: Amendments to IAS 7 and IFRS 7
In the realm of finance, staying abreast of regulatory changes is paramount for businesses looking to maintain transparency and...

Recent Updates to the UAE’s Economic Substance Regime: What Finance Directors Need to Know
The UAE has recently made significant revisions to its economic substance regime, as outlined in Cabinet Decision No. 98 of 2024. This...

UAE Labour Law Revolution: Strengthened Enforcement and Accountability for a Fair Workplace
Federal Decree-Law No. 9/2024, effective from 30 August 2024, has brought significant modifications to the UAE Labour Law. These updates...

Navigating Lease Liability in Sale and Leaseback Transactions: The Amendments to IFRS 16
The world of finance is dynamic, with regulatory standards frequently evolving to enhance transparency and accuracy in financial...

Reduce Accounts Receivable Without Losing Customers
You offer favorable conditions to your clients, but they do not pay their bills. You are constantly looking for working capital because...

The Role of World-Check Database in Banking Compliance
When evaluating whether to establish a financial relationship with an individual or a corporation, banks increasingly rely on the...

ESG Regulatory Mechanisms: Unification and Strengthening
In 2023, ESG regulation became more stringent, and the synchronization of international approaches and standards began. Countries and...

Binance's Dubai Arm, Binance FZE, Secures Virtual Asset License from Dubai Regulatory Authority
Binance made a groundbreaking announcement on April 18, 2024, regarding its subsidiary, Binance FZE, located in the Dubai World Trade...

Locked-In Deadlines: Corporate Tax Registration Schedule Unveiled
The UAE Corporate Tax Legislation mandates that all entities subject to taxation, along with specific exempt entities such as Qualifying...

CFO To-Do List for 2024: What We shall prepare For
Work with several banks at the same time In the early 2000s, it was normal for a company to have several accounts in a dozen banks. At...

Unlocking Value and Flexibility with the Evolution of Sale and Leaseback: IFRS 16 Amendments (Effective January 01, 2024)
Are you a Chief Financial Officer (CFO) or a Chief Accountant with an appetite for finance and accounting breakthroughs? Prepare to be...

“Epochal Change”: What if High Rates Persist for Decades
Interest rates in a number of countries have risen sharply in recent years. Analysts believe that they will remain high for many more...


















