Sudhir Kumar, Senior Partner & Head of Corporate Communications - Kreston Menon and Director - Kreston Global Board
The Middle East economy is still attracting inward investment in 2023, despite a slowing global economy. The IMF and World Bank are predicting GDP growth in the Middle East and North Africa (MENA) in 2023 to land somewhere between 2.4% and 3.1%. Oil dependency and...
Ravishanker V, Senior Manager, Audit & Taxation - Kreston Menon
Introduction In a move that has significant implications for businesses operating within UAE’s free zones, the implementation of the Corporate Tax Law through Federal Decree-Law No. 47 of 2022 issued on 1st June 2023 has ushered in a new era of taxation. This landmark...
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...
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...
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...
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...
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...
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...
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...
