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Email this article: 55% of financial institutions believe IFRS 9 will increase capital requirements for banking industry
Posted: Wed April 4, 2012 12:26 pm
UAE. IFRS, used in most Middle East countries, will change the financial reporting landscape in an extensive way, says Deloitte.
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UAE. Total wealth in the GCC stood at US$ 1.7 tillion in 2014, up 4.75% from 2013; Total wealth in Saudi Arabia and UAE grew by 5%; Global household wealth up 8.3% to US$263 trillion, driven by the US and Europe, according to Credit Suisse Research Institute.
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