• Ireland wants to be a gateway for UAE, Gulf states to EU market: Irish minister

    Abu Dhabi, UAE--Ireland wants to become a gateway for the UAE and other Gulf states to the European Union (EU) market, Simon Coveney, Ireland’s Minister for Enterprise, Trade and Employment, told the Emirates News Agency (WAM). As evidence of thriving relations, he highlighted the growing Irish diaspora in Gulf Cooperation...
  • Saudi Arabia, China ink MoU in accounting and auditing

    RIYADH, SAUDI ARABIA – The Kingdom and the People’s Republic of China signed on Monday in Beijing a memorandum of understanding for cooperation in the field of accounting, auditing and professional work. The agreement was signed by General Court of Audit (GCA) President Dr. Hussam Al-Angari and Auditor General of...
  • Saudi Arabia set to open its first financial center

    Riyadh, Saudi Arabia - Saudi Arabia is poised to launch its inaugural financial center, with unified and standardized policies and guidelines, Chairman of the Steering Committee at the Ministry of Finance, Abdul Aziz Al-Furaih said during the inauguration of the Leadership Forum for the Transformation to Accrual Accounting in Riyadh....
  • PwC culls a raft of senior execs after Australian tax scandal

    PwC Australia has been mired in controversy since January this year, when it emerged that staff had leaked information from a confidential government tax briefing in an attempt to drum up new business. PwC will drastically restructure its Australian arm in an attempt to move on from the scandal, recently...
  • Integrated solutions make life a bit easy for SMBs

    An integrated, modern, end-to-end solution can provide SMBs with more visibility, flexibility and efficiency in managing finances, operations and people. Cloud-based solutions, for example, help them access the benefits of an end-to-end solution without much complexity or high expenses, he adds.
  • Saudi Arabia, Azerbaijan sign MoU to boost accounting services

    The MoU aims to enhance cooperation between the two countries in the areas of financial auditing and performance control.
  • Jordan to get new national accounting system

    An agreement has been signed to build capacities to establish a sustainable national accounting system in Jordan.
  • Investors may prefer this new Abu Dhabi license

    New license for professionals to be issued by ADDED allows 100 foreign ownership of a business. ADDED also highlighted that opening a commercial branch without prejudice to the professional license or its features could be possible if the commercial activity is consistent with or complementary to the professional activity.