
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...

The Advantages and Challenges of Mobile Payment Systems in the UAE
In recent years, mobile payment systems have become increasingly popular worldwide, revolutionizing the way transactions are conducted....

ESG Integration in UAE's Financial Sector: Paving the Way for Sustainable Investments
The financial sector plays a pivotal role in driving sustainable development, and the United Arab Emirates (UAE) has been at the...

Stagnant Revenue: Five Signs Your Business is Heading for Losses
Business owners often realize too late that their business is in trouble. What are the signs that it's time to take a closer look at the...

Growing Dominance of Technology on UAE’s Financial Sector
The financial sector the world over and specifically in the UAE is being transformed by trends like crypto, web3, and blockchain. The...

Amendments to IAS 12
The International Accounting Standards Board (IASB) has recently issued amendments to the IAS 12, which relate to deferred tax related to...

Who Owns Your Business?
As an entrepreneur, it is crucial to be aware that the nightmare scenario of creditors claiming ownership of your company's assets can...

Can AI and Finance coexist? What is FinTech?
Artificial Intelligence (AI) has been used in finance for several decades, with early applications dating back to the 1980s. However, the...

Changes to Disclosure of Accounting Policies
The International Accounting Standards Board (IASB) has issued amendments to the IAS 1 and IFRS Practice Statement 2, which relate to...

What is happening to ESG in 2023?
Compliance with the ESG principles began to play a significant role in making investment decisions and risk management of companies....

UAE Tax Incentives: How Government Helps Economy
Small and medium enterprises or SMEs are the growth engines for the economy of a developing or even developed nation. In the UAE, several...

Amendments to IAS 8: Definition of Accounting Estimates effective 01 January 2023
The International Accounting Standards Board (IASB) issued amendments to the IAS 8, which relate to the definition of accounting...

Impact of Digital Currency on Domestic and Cross Border Trade in the UAE
Central Bank Digital Currency (CBDC) or digital currency issued by the public sector is gaining worldwide traction. Their popularity can...

Dubai Real Estate Market - Recent Trends and Statistics
In 2022, Dubai real estate sales reached almost the same amount as in the previous three years combined. According to a report by Henley...



















