Introduction: The Transformation of Saudi Arabia’s Economy Saudi Arabia, the largest economy in the Middle East, has undergone significant transformation in recent years. With the introduction of Vision 2030,...
The Impact of Corporate Tax on the UAE Banking Sector The introduction of corporate tax (CT) in the UAE marks a significant shift in the country’s financial and economic...
Analysis of UAE Banking Sector Compared to Global Banking Regions (2024) The table provides a comparative overview of the UAE banking sector versus other major banking regions, including the...
Challenges in the Banking Sector The banking industry faces numerous challenges that continue to shape its operations, profitability, and long-term sustainability. While financial institutions have leveraged technology, diversified revenue...
The UAE banking sector has demonstrated remarkable resilience and growth in 2023 and 2024, despite global economic uncertainties and the introduction of a federal corporate tax regime in 2023....
Businesses operate in a complex environment where financial decisions need to be supported by accurate reporting. However, tax reporting, financial reporting, and management reporting serve distinct purposes, and treating...
In an increasingly globalized market, reporting standards—ranging from IFRS (International Financial Reporting Standards) to US GAAP—have become more complex and demanding than ever. Add to that a growing emphasis...