IntroductionAs global markets evolve and demographic shifts accelerate, pension plan sponsors face increasing challenges in managing long-term retirement liabilities. Rising life expectancy, low interest rates, and changing regulatory requirements have intensified the financial strain on defined benefit pension schemes. To mitigate these risks, man

IntroductionAbu Dhabi, the capital of the United Arab Emirates (UAE), has emerged as a regional leader in renewable energy development and sustainable infrastructure. With ambitious goals to diversify its energy mix and reduce dependency on fossil fuels, the emirate is heavily investing in solar and wind energy projects. However, renewable energy g

In today’s interconnected business landscape, organizations heavily depend on third-party vendors, contractors, and service providers to deliver critical business functions, streamline operations, and enhance efficiency. However, with increased reliance on external entities comes heightened exposure to risks, including regulatory non-compliance,

The United Arab Emirates (UAE) has positioned itself as a global hub for tourism, leisure, and innovation, with theme parks playing an increasingly central role in its entertainment landscape. As the country continues to diversify its economy beyond oil, investments in large-scale recreational facilities have gained momentum. However, before commit

International Financial Reporting Standards (IFRS) have significantly reshaped the way companies report financial transactions, particularly in relation to leases. The introduction of IFRS 16, which replaced IAS 17, marked a turning point for businesses with property and equipment leases, including those in the United Kingdom. This standard require