News & Views
DS-Concept acquires DFSA licenseDS-Concept Intelligent Trade Finance Limited (DS-Concept Factoring UAE) has been granted a Category-2 license by the Dubai Financial Services Authority (DFSA).
CIMA to certify University of Dubai MBA graduatesUniversity of Dubai and CIMA (Chartered Institute of Management Accountant) has recently announced that MBA students enrolling in the MBA programme at University of Dubai will be automatically certified...
Deloitte: Declining oil prices impacting CFO optimismAccording to Deloitte’s latest report “Global CFO Signals: CFO Sentiment Q2 2015 – Staying focused; remaining vigilant,” the continuation of low energy prices is impacting both optimism and risk...
IL&FS Securities Services signs MoU with eHDFIL&FS Securities Services Ltd (ISSL) and eHosting DataFort (eHDF) has recently signed a partnership to provide innovative Managed Services covering IT infrastructure, Remote Disaster Recovery and back office operations...
Deloitte releases report on VAT issues in the GCCThe recent action taken by the UAE to eliminate fuel subsidies that took effect on 1st August 2015 ignited the debate on tax reform in the Gulf Cooperation Council...
Kerzner International appoints new CFOKerzner International Holdings Limited has recently appointed Saif Al Yaarubi has been appointed as the Chief Financial Officer for Kerzner International.
Emaar Properties records 12% growth in H1 2015Global property developer Emaar Properties PJSC recorded a net profit of AED 2.205 billion during the first six months of 2015 (January to June).
ICAEW suppports new UAE oil price deregulation policyThe Institute of Chartered Accountants in England and Wales - ICAEW, has welcomed the new UAE oil price deregulation policy which aims to support the national economy.
Gartner ranks Deloitte as No. 1 global consulting firmFor the fifth consecutive year, Gartner has ranked Deloitte as the number one global consulting organisation based on 2014 market share revenue in their report Market Share Analysis: Consulting...
Middle East Accountancy & Finance Excellence AwardICAEW has announced the opening of nominations for the annual Middle East Accountancy & Finance Excellence Awards. The annual gala event is the only dedicated awards programme for recognising...
UAE Banks Federation announces year of achievementThe UAE Banks Federation, a professional body representing 50 member banks operating in the UAE, has released its annual report for 2014, detailing its priorities, achievements and activities undertaken...
Deloitte: Companies in MENA prioritises compliance riskA recent study by Deloitte highlighted various factors that are increasingly affecting compliance risk management among organisations.
Toshiba top executives resign amid accounting fraud scaTop executives, including the company's president, at electronics and industrial giant Toshiba resigned on Tuesday, July 21st after a committee reviewing its earnings said the company padded its operating...
Beehive raises over AED 12 million in finance for SMEsBeehive recently announced that it has facilitated over AED 12 million in finance for more than 25 small and medium-sized enterprises (SMEs) in the UAE since its launch in...
Smart risksThe role of the CFO is now more than just budgeting and monitoring balance sheets. While risk management is a central part of their roles, as finance chiefs, they...
Cases in DIFC courts rises during H1 2015The first six months of 2015 has seen a dramatic rise in the value of claims filed at DIFC Courts, reflecting the growing confidence placed in DIFC and Dubai...
IAF arranges financing for Taj Hotel developmentIntegrated Alternative Finance (IAF) has structured and financed a mezzanine debt facility for Downtown Investments Limited (DIL), the owner of the Taj Dubai, located in prime Downtown Dubai. The...
IMA and Dubai DOF to organise training programmesIMA (Institute of Management Accountants), one of the world’s leading associations representing the management accounting profession, today announced the signing of a cooperating agreement with the Government of Dubai...
Pay hike for UAE finance professional during 2014Findings of a global research indicated that some professionals in the UAE and rest of the Middle East and North Africa (MENA) region, particularly in the field of finance, saw...
Promoting diversity and EmiratisationACCA in partnership with IMA Middle East, brought together the region’s leading recruiters, employers and educational institutions, along with representation from government bodies, to discuss the fundamental role of...
