Morison Menon

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MM Insights

3 Factors to Consider in Choosing the Right Auditor

Deciding which auditor to hire can be a bit tedious as it involves your company's financial stability. Ideally, the relationship between a company and the auditor should be long and beneficial for both parties.  Since the stakes are considerably high in choosing the right auditor, we have shared the key factors that a company needs to consider in order to choose the ideal auditor that will match ...

UNCTAD Ranked the UAE as the 12th Top Destination for FDIs

Recently, The World Investment Report 2017  by United Nations' Conference on Trade and Development (UNCTAD) shows that the UAE is the 12th most earned foreign direct investment (FDI) with an impressive inflow of $9 billion in 2016. The report also reveals that other countries, such as Bahrain, Lebanon and Saudi Arabia surpassed the rest in the region. Unfortunately, it's a whole different story f...

VAT – How Prepared is Your Business

VAT is about to mark the beginning of a new era for the Gulf Cooperation Council (GCC) countries by bringing in a fundamental shift in the countries revenue collection. As the GCC member states are to adopt Value Added Tax (VAT) on 1 January 2018, companies are on a limited timeline to prepare for the first phase of VAT implementation. In this point of time, regional businesses are scrambling to d...

M&A Transactions in Global E-Commerce Sector

The global M&A transactions in the first quarter of 2017 in the e-commerce sector, has crossed $1 billion with top e-commerce and brick & mortar players such as Amazon, Alibaba and Walmart acquiring regional and niche e-commerce startups. Description of Deal Buyer Target Value (US$ million) Amazon buys Dubai-based Souq.Com Souq.Com Not disclosed Walmart bu...

Womens Day

On March 8th we celebrate International Women’s Day. It’s a celebration of the social, economic, cultural and political achievements of women. The day also marks a call to action for fast-tracking gender equality – and this is according to the organization that actually conducts the event across the world. There have been many women who have broken barriers and dared to walk where others did...