This trend can be mainly attributed to factors like the growing presence of high net-worth individuals and the UAE’s removal from the FATF’s grey list
To this effect, an MoU was signed by Dhaher bin Dhaher Al Mheiri, CEO of the Registration Authority of ADGM, and Humaid bin Butti Al Muhairi, Assistant Undersecretary for Commercial Affairs, Ministry of Economy.
Al Muhairi said: "This strategic MoU between ADGM and the Ministry of Economy facilitates the exchange of information and expertise between both parties. The MoU also seeks to align the country's auditing standards with global best practices and ensure that auditing companies comply with internationally accepted legal and organisational requirements."
Al Mheiri said: "Our goal is to ensure that the highest standards of quality are maintained when it comes to auditing, by pursuing best practices and increasing transparency. Through this agreement, ADGM and the Ministry of Economy will work hand in hand to coordinate on the oversight and development of the audit profession."
- business@khaleejtimes.com
This trend can be mainly attributed to factors like the growing presence of high net-worth individuals and the UAE’s removal from the FATF’s grey list
Sama 2.0 will answer real-time questions, help travellers design curated travel experiences, and find answers for customers
Spot gold was slightly down at $2,335.13 per gram on Monday
As authorities sprang into action to drain waterlogging, tenants and homeowners had to navigate the aftermath of nature's unpredictability
The 51-year-old recently competed in the Masters Indoor World Cup — his 10th international tournament since undergoing surgery
Met Department advised people to take precautions during strong convective cloud activity associated with rainfall over Eastern and Northern areas
Earlier, interest-free loans were announced for Emiratis whose businesses were affected by the rains, with a grace period of 6 to 12 months