Blogs

After years of speculation regarding a revamp of commercial companies’ law in the UAE, Federal Law No. 2 of 2015 concerning Commercial Companies (“New CCL”) will be implementing on 1 July 2015, replacing the exis...

Vat In UAE - Importance Of Accounting Records Consultation and Guidelines Value Added Tax (VAT) is a tax on consumption and it applies to almost all goods and servi...

Offshore Company Incorporation- Complete Guidance An offshore company is a process of establishing a lawful business in an offshore financial centre or under specific legislation th...

Internal check An internal check is a system of accounts carried out in organizations under which the work of one person is automatically checked by auditors, for emirates we have top auditors in UAE to prevent and detect the errors an...

Oil News: Gulf loses steam as optimism over oil producer deal fades. Oil prices fell on Thursday on concerns about oversupply amid a slowing global economy, alth...

The Dubai Statistics Centre released its January consumer price data for the emirate which showed that transport cost inflation, which accounts for 9 percent of total inflation, fell 4.1 percent year-on-year as the UAE cut gasoline prices...

UAE Economy : Economic confidence among Mena CEOs falls to 3-year low. UAE likely to ratify federal debt law this year which shall allow federal government to issue bonds to raise bonds. Sovereign funds' selling could hit $700bn of Europea...

UAE private sector growth slumps to near 4-year low in January. Perfect storm for UAE small businesses as payments, hiring and confidence all drop The World Bank said that economic growth in Middle East and North Afri...

UAE banks report drop in demand for credit.   70% of planned UAE real estate 'will fail to materialize in 2016.   Dubai tourism allure undiminished by New Year’s Ev...

Dubai’s biggest landlord warns developers of “tough period ahead. Dubai property prices, rents forecast to soften further in 2016. Dubai villa oversupply leads to 18% drop in prices at The Springs. Saudi Arabia's econo...