In 2018, the UAE implemented a Value Added Tax (VAT) at a standard rate of 5%. This significant change has impacted businesses across various industries, particularly small businesses. While VAT…
The Middle East is witnessing a prevalent shift towards green finance and sustainable investment, driven by the increasing focus on environmental concerns and economic diversification. Governments, financial institutions, and businesses…
The COVID-19 pandemic disrupted businesses globally, with Middle Eastern SMEs (small and medium-sized enterprises) experiencing unique challenges. Many SMEs faced drastic revenue reductions, supply chain disruptions, and operational hurdles. As…
In the dynamic world of finance & banking, blockchain technology is rising as a transformative force, reshaping how financial transactions are conducted and recorded among the global leaders embracing this…
Accounting is experiencing a significant shift with the integration of Artificial Intelligence (AI) and automation technologies. In the UAE, this transformation is particularly impactful as businesses and financial institutions adopt…
The UAE is a thriving hub for business and innovation, with a rapidly growing digital landscape. While this digitalization offers numerous advantages, it also presents new challenges in the form…