News & Views
MECA CFO Leadership ConferenceOn August 27 2014, MECA CFO Alliance (MECA), the largest CFO networking group in Middle East will be hosting the MECA CFO Leadership Conference at the Jumeirah Beach Hotel,...
KPMG UAE Partner becomes IIA-certified QIAL auditorKPMG’s UAE team has continually demonstrated their commitment to performing the best practice by exploring new and innovative ways to enhance client management. By participating in elite management training...
MENA IPO proceeds jump 129%in Q2 2014 and up 14% in H1 The MENA IPO market continued its recovery to end the first half of the year strongly, according to EY’s MENA IPO Update: Q2 2014. There were a total of...
DUBAI – The rising financial capitalThe emirate’s role as a key trade hub is well established, but a subtle transition has taken place, whereby Dubai is earning credentials as a world class center of...
UHY strengthens presence in MideastGLOBAL ACCOUNTANCY network UHY has extended its coverage within the Middle East region by appointing McKenzie Shaw Ltd, Qatar. The firm will be operating under the UHY branding as...
ACCA to introduce IR examsTHE ASSOCIATION of Chartered Certified Accountants (ACCA) is to examine students on integrated reporting (<IR>) from December 2014. After wide consultation during 2013, the International Integrated Reporting Council (IIRC)...
EY launches business awardEY HAS announced the launch of the ‘Entrepreneur of the Year 2014’ award in Saudi Arabia. The programme celebrates the success of entrepreneurs who build and lead successful, growing...
NASDAQ, PwC hold seminar on IPOPwC AND Latham & Watkins teamed up with NASDAQ Dubai to hold a seminar on how to carry out initial public offerings (IPOs), in response to rapidly growing interest...
When numbers don’t add upINCONSISTENT CAPITAL ratios is as big an issue for banks as unfinished accounting standards, said Robert Hodgkinson (pictured), the ICAEW executive director, at a joint ICAEW/IFRS Foundation conference in...
Deloitte launches course for Saudi hiresBUILDING ON its current nationalisation programmes, Deloitte ran a nation-wide recruitment campaign in 2013 in Saudi Arabia to identify young talented Saudi men and women and train them to...
FTSE launches Sharia’h indexFTSE GROUP (“FTSE”), the global index provider, has announced the launch of its new FTSE Sharia’h Developed Minimum Variance Index. The index series aims to deliver reduced index volatility...
New hedging standard to simplify accountsTHE INTERNATIONAL Accounting Standards Board (IASB) has announced a package of amendments to the accounting requirements for financial instruments. It includes a final hedge accounting standard, making a complex...
CIMA survey reveals rising salariesTHE ANNUAL salary survey conducted by the Chartered Institute of Management Accountants (CIMA) shows that in 2013, qualified CIMA members in the UAE are earning on average AED47,765 in...
CIMA releases 2014 pricing campaignTHE CHARTERED Institute of Management Accountants (CIMA), in an effort to make its qualification even more accessible to ambitious students and professionals in the UAE and across GCC, has...
UHY strengthens presence in AfricaGLOBAL ACCOUNTANCY network UHY has extended its coverage within the EMEA region by appointing two new member firms in Ghana, Voscon Chartered Accountants and Douglas Godwinson World. Both firms...
GT ranks as ‘Top Employer’A SURVEY of more than 200,000 business and engineering students from 12 of the world’s largest economies named Grant Thornton one of the top 50 most attractive global business...
ACCA, IMA call off dealTHE ASSOCIATION OF Chartered Accountants (ACCA) and the US Institute of Management Accountants (IMA) have said their Mutual Recognition Agreement (MRA) will not proceed. ACCA and IMA said they...
DFM goes to New YorkDUBAI FINANCIAL Market (DFM) will organise its International Investor Roadshow in New York on September 24 and 25, 2013, in collaboration with Bank of America Merrill Lynch. The event...
Changing fortunesIndian expatriates in UAE reap huge as rupee goes on a free fall… INDIAN RESIDENTS residing in the UAE “have been fortunate enough to get an 11% increment in...
UHY strengthens presence in EurasiaINTERNATIONAL NETWORK of independent accounting and consultancy firms UHY, has welcomed a new member in Georgia, the ARG Group LLC, to its global network. ARG Group LLC was established...
