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Data Analytics Changing the Way the World Works

Data Analytics Changing the Way the World Works

Aravind Menon, Operations Manager - Kreston Menon

Introduction In the digital age, data analytics is rapidly transforming the business landscape. Industries worldwide, ranging from startups to multinational corporations, are harnessing data-driven insights to fuel growth, optimize operations, enhance customer...
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ESG and sustainability: The current state of play

ESG and sustainability: The current state of play

Jenny Reed, Director of Quality and Professional Standards - Kreston Global

The degree to which environmental, social, and governance (ESG) reporting is being talked about depends very much on where you are in the world. The United Arab Emirates (UAE) has been somewhat of a trailblazer within the Middle East region when it comes to ESG: • The...
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Tax auditors in UAE having it good on jobs, salary hikes

Tax auditors in UAE having it good on jobs, salary hikes

Gulf News

Demand runs high for auditors, with more corporate tax focused firms set for launch If anyone asks about the job category with the fastest and highest hiring rates in the UAE, don’t look beyond tax auditors and specialists. The hiring process continues even as the UAE...
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RANKINGS REPORT: UAE – Introduction of Corporate Tax Could Lead to Windfall for UAE Accountants

RANKINGS REPORT: UAE – Introduction of Corporate Tax Could Lead to Windfall for UAE Accountants

International Accounting Bulletin

The UAE continues to implement regulations and laws that bring its accountancy sector in line with the international community. This is leading to an increase in demand for services overall, while the region is enjoying economic growth. The IMF expects the UAE’s...
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The Growing Importance of the UAE – Indonesia Trade Relations

The Growing Importance of the UAE – Indonesia Trade Relations

Erwin Winata, Group Managing Partner - Kreston Indonesia

The trade relationship between the UAE and Indonesia has been growing steadily in recent years. In terms of bilateral trade, the UAE is one of Indonesia’s largest trading partners in the Middle East. Historically, the UAE has been a major importer of Indonesian palm...
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Navigating ESG Trends in Banking: SLLPs, ESG Assessment, and Managing ESG Risk

Navigating ESG Trends in Banking: SLLPs, ESG Assessment, and Managing ESG Risk

Prashanth Joseph, ESG Domain Consultant - Impact Grows

How Sustainable Loans and ESG Assessments are Shaping the Banking Industry’s Approach to Environmental, Social, and Governance Risks. Introduction As the world’s economy continues to face increasing environmental, social and governance (ESG) risks, the banking sector...
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JAFZA ‘Open For Business’: Empowering Dubai’s Economic Growth

JAFZA ‘Open For Business’: Empowering Dubai’s Economic Growth

Abdulla Al Hashmi, Chief Operating Officer, Parks and Zones, DP World UAE

Dubai’s thriving economy owes its success to a long-term commitment to diversification, constant innovation, and an enabling business environment. The emirate’s strategic investments in sectors such as trade and logistics, among others, have made it a global hub for...
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UAE Corporate Tax Pertinent Questions – All You Need To Know

UAE Corporate Tax Pertinent Questions – All You Need To Know

Ravishanker V, Senior Manager, Audit & Taxation - Kreston Menon

Background According to the UAE Federal Decree-Law No. 47 of 2022 on taxation of corporations and businesses (UAE CT Law), businesses will become subject to Corporate Tax UAE (CT) from the beginning of their first financial year which starts on or after 1 June...
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UAE’s free zone businesses await 0% ‘qualifying income’

UAE’s free zone businesses await 0% ‘qualifying income’

Gulf News

Businesses, their owners, and auditors in the UAE are awaiting the next big update on the corporate tax – the one related to ‘qualifying income’ for free zone entities and on which they get the 0 per cent tax benefit. A decision on this is ‘imminent’, according to...
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After CEPA, dirham-rupee trade set to be next big thing

After CEPA, dirham-rupee trade set to be next big thing

Gulf News

UAE AND INDIA MARK THE FIRST YEAR UNDER THE LANDMARK AGREEMENT A year after the UAE-India Cepa deal came into effect, the stage is set for the next big bang in trade and investment flows between the countries – a dirham-rupee payment mechanism. When that happens,...
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