by admin | Nov 11, 2022 | Business
Dubai consolidated its status as the world’s leading foreign direct investment (FDI) hub, retaining its first rank globally during the first half of 2022. In a record achievement, the emirate attracted 492 FDI projects during the first six months of 2022, an 80.2 per...
by admin | Nov 11, 2022 | AML
The Ministry of Economy has imposed Dh 2.25 million worth of fines on three companies after they were found to have violated certain provisions of the UAE’s anti-money laundering law. Two of these companies are operating in the gold and gemstones sector and one is in...
by admin | Nov 11, 2022 | Accounting
“Accounting is the language of business,” said Warren Buffett. “You have to be as comfortable with that as you are with your own native language to really evaluate businesses.” Buffett is right. Modern accounting is so important that some consider double-entry...
by admin | Nov 2, 2022 | Business
The Ministry of Economy (MoE) has published the regulations for responsible sourcing of gold on its website in both Arabic and English, as part of its continuing efforts to implement a stronger anti-money laundering and combating the financing of terrorism system in...
by admin | Nov 2, 2022 | VAT
The Federal Tax Authority (FTA) announced that it will be discontinuing the use of the eDirham system in paying taxes as of today, October 30, 2022, replacing it with Magnati, the smart payment option from First Abu Dhabi Bank (FAB). Magnati provides advanced software...
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