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NEWS DESK

The “Zero Bureaucracy in Taxation” Retreat Discusses Customer Proposals to Further Enhance Services

The Federal Tax Authority (FTA) has announced the adoptation of 100 new digital zero bureaucracy measures, to further develop the “EmaraTax” digital tax services platform. These improvements are based on proposals and ideas shaped by taxpayers and stakeholders, drawn from their real-life experiences and insights, and were gathered through around 24 interactive meetings and
Finance

KYC/KYB spend to hit $22bn globally by 2029

From $9.2bn in 2024 A new study from Juniper Research reveals that non-financial businesses’ global spend on Know Your Customer (KYC) and Know Your Business (KYB) systems will surge by 140% over the next five years. From an estimated $9.2 billion in 2024, this figure is projected to climb to $22 billion by 2029. This […]