Gold’s Rally leaves a message behind for the Economy When the virus first started to spread and we all ended up in quarantine, there came a time when Gold’s prices plunged. At the time, it was quite intriguing to see how the global economy started to collapse and soon, it would show us how this[...]

Important work of Accountants with Anti-corruption Agencies The attributes and skills that accountants have, make them very suitable for work with anti-corruption agencies. There is a general agreement that corruption ruins the activities of a State, which results in the economic growth being negatively affected. A report in 2017 by the International Federation of Accountants[...]

New Consensus with DIFC – Fintech cooperation strengthened between China and Dubai DIFC and Jiaozi Fintech DreamWorks have agreed to collaborate on important sectors like; artificial intelligence, cloud computing, big data and blockchain. DIFC, Dubai International Financial Centre, has signed a Memorandum of Understanding (MoU) with China’s first entrepreneurship platforms and fintech innovation, Chengdu-based Jiaozi[...]

Post-Covid Leadership Role Needs To Be Played By Accountants Some countries are experiencing post Covid-19, while others are struggling to pull through. Therefore, there is a need for finance professionals to guide others. All economic catastrophes are bound to bring change in the environment of the business world. Post Covid-19, the market will have many[...]

Dubai Landlords start to understand the Concept of Monthly Rental Payments The current situation in the market has forced Dubai’s commercial landlords to reconsider taking advance rental payments. Moreover, in the residential areas, landlords have accepted the fact that rental payments are the best option, for the time being. If tenants can successfully make a[...]

Why Should Companies Prioritize Risk Management and How? The events of 2020 can be thought of as a wake-up call for businesses across the globe. The pandemic has made it glaringly obvious that companies need committees consisting of diverse skillsets. If we take a look at how businesses across the world responded to the pandemic,[...]

Alleviating Investor concerns with Offshore Jurisdictions These days, investors are quite interested in searching for jurisdictions that are capable of offering stability without legal, economic, or regulatory surprises. Research indicates that clients located in the Middle East have started to slowly refine their perspective on investment structures. Moreover, about 75% of the customers now test[...]

Key Facts: Law about New Data Protection released by Dubai’s DIFC A new law about data protection has been issued by the Dubai International Financial Centre (DIFC), that will be coming into effect from the 11th of July, 2020. The Dubai International Financial Centre (DIFC)’s current regime revolving around security, privacy and data will enhance[...]

The Effects of COVID-19 on Impairments, Financial Instruments, and Events Across the world, the impact of the virus has finally started to affect financial statements. In this Blog, we will discuss these effects and talk about adjusting impairments, events, and financial statements. COVID-19 has severely damaged the economy and markets around the world. As a[...]