The prospect of the new UAE Bankruptcy Law has given existing and aspiring entrepreneurs fresh expectations. The new UAE Bankruptcy Law (Federal Law No. 9 of 2016) has put a spotlight on the treatment of companies in financial difficulties in the United Arab Emirates. It comes into force on... Read more
Anirudha Panse, Head of Trade Finance Products at National Bank of Abu Dhabi (NBAD), shares his thoughts with small businesses looking to optimise the management of their working capital and cash
Profitability ratios can help you analyse your company’s ability to generate earnings, in relation to sales, assets and equity. Stuart Leung of Salesforce.com, shares his practical analysis…
Amongst the most talked about new concepts of the UAE Commercial Companies Law is the prohibition on financial assistance. Here, we asked experts at Clyde & Co. to look at the likely policy reasons for the introduction of a financial assistance prohibition, and at which entities and transactions are... Read more
Nicholas Cameron, Head of Forensic at KPMG, says that companies across the Middle East need to face up to increasing anti-bribery and corruption (ABC) challenges. Globalisation is posing greater challenges for anti-bribery and corruption (ABC) compliance than ever before. Two factors are key, according to a recent KPMG report.... Read more
What are the global drivers of trade finance and what are the new opportunities that are emerging?
As 2016 gets underway, it is imperative for your business to work towards increasing its appeal to bank financiers by tailoring its business presentation and fulfilling some inviolable requirements.
Fazeela Gopalani, Head of Education, Middle East, ACCA, looks at the latent resource on your doorstep…
How liquid is your business? Liquidity is the only real test of your ability to pay bills, retain staff, provide goods and services and ultimately keep the business together. Balance sheet figures such as revenue and profit are merely theoretical – can you pay your way or will you... Read more