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The introduction of VAT into the UAE will soon be completing 5 Years, however, many businesses have been unable to understand and appreciate the VAT zero-rating conditions for exports of goods.

Grant Thornton UAE audits the operations and processes of more than 80 hotels every year. Based on our observations while performing such internal audits, we summarise here below 5 of the most common emerging issues that have been recorded.

Fortunately, our understanding of how to address the challenges of COVID-19 is improving every day. Our medical and scientific communities are learning and adopting new strategies to deal with the current global crisis, as are the world's policymakers.

Let’s call a meeting to discuss COVID-19 epidemic risk management. No, let's not. Calling a meeting creates a state of panic and promotes congregating in groups at a time when a virus can be transmitted to two people from one infected person- it is not a good idea. What is, however, is having team leaders, risk champions, business continuity professionals, Human Resources, and communications teams collaborate online and agree on a comprehensive strategy to manage the risk and here is how to do it.

Global business is facing a wave of disruptive influences that look set to spark the Fourth Industrial Revolution. We explore how the way professionals work is evolving, the leadership skills that will be needed within the dynamic mid-market to thrive, and how organisations can stay competitive in the war for talent and customers in 2030.

Unlocking real value from your financial statements is underpinned by several elements, which include the motive of the stakeholder, the ability to assess the information beyond numbers and ultimately understanding what the statement is depicting in real terms. In our whitepaper in collaboration with ACCA, we share several strategies which finance professionals can implement in order to analyse data effectively whilst unlocking real value from financial statements.

As businesses continue to operate in an increasingly complex environment, the need to invest and drive a budgeting mindset, which will contribute significantly to the execution of a growth strategy is more so imperative than ever before. In our whitepaper in collaboration with ACCA, we share several budgeting strategies which finance professionals can implement in order to optimize the process, whilst effectively contributing to growth.

How can hoteliers in the UAE generate new business and grow their existing market in this age of tech-disruption, shifting socio dynamics and evolving guest preferences?

The GCC region is well positioned to exploit the lucrative opportunities that e-commerce offers, given the generational demographic shift that we are witnessing and which will inevitably have a seismic impact on businesses for the future

Hisham Farouk, Managing Partner of Grant Thornton, a leading global advisor to family-owned businesses talks about the importance of innovation and how it brings about change.

Hisham Farouk, Managing Partner of Grant Thornton, a leading global advisor to family-owned businesses talks about some successful entrepreneurs and what sets them apart.

This report draws on insight from our International Business Report, plus data and interviews from Grant Thornton teams around the world. It explores what skills the boards of 2025 will need, and what needs to happen between now and then to get there. Businesses should not view these changes we have identified as additional extras.e

The gender diversity issue has been on the business agenda for many years now, yet a third of businesses still have no women at a senior management level. We know that significant performance benefits come with having a diverse leadership team and there are certainly a large number of women capable of joining such teams.

Our commitment to quality underpins all that we do. This report is a public statement of Grant Thornton’s commitment to provide high-quality assurance, tax and advisory services to businesses and organisations operating throughout the world.

There is no debating the vast level of change which an organisation will need to go through in order to prepare for its growth journey. To guide you through the process we outline the key considerations which you will need to take, alongside providing you with a comprehensive solution of services which Grant Thornton are well-versed in offering. To discuss how Grant Thornton can work with you during this phase, please contact us.

Hotels have largely been dismissive of any threats to their core business model over the past five years. But by 2020, the exponential growth of various online platforms will have forced them to change and innovate. The good news is that traditional hotels have numerous options at their disposal: rethinking the experience they offer, unbundling pricing, setting up new partnerships and more.