The UAE’s Two Economies: Record Oil Meets a Slowing Non-Oil Sector By Shahaab Ikram On paper, the UAE economy just posted two numbers that look like they belong to different countries. The first: crude oil and condensate exports surged to a record 4 million barrels per day in June, beating the pre-war level of 3.4 […]
Two data points landed this week that, taken together, reveal more about the UAE’s economic trajectory than any single forecast ever could. The Central Bank of the UAE released its June 2026 Quarterly Economic Report, revising 2026 GDP growth down sharply to 1.7% — a sobering adjustment from earlier projections of around 5%. The culprits […]
Geopolitical risk is an IAS 36 impairment indicator. If you have not tested goodwill, real estate, and intangible assets for impairment, your balance sheet may be overstated.
The Middle East tensions that erupted in late May 2026 have forced a quiet but critical conversation in the finance offices of UAE businesses with regional assets, investments, or operations. The question: Has your asset value fundamentally changed? If you hold goodwill, intangible assets, property, or investments with any geographic or operational exposure to conflict-affected […]
Geopolitical uncertainty demands proactive impairment testing. Learn how UAE CFOs should approach IAS 36 triggers, cash flow modeling, and discount rate assumptions to stay audit-ready.
The FTA is auditing more businesses than ever. Here’s exactly what happens during a UAE tax audit, what triggers one, and how to prepare.
