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What is IFRS 17 Insurance Contracts?

IFRS 17, International Financial Reporting Standards 17 is the most significant change in insurance reporting in decades, affecting all insurers that report under IFRS. According to IFRS 17, a company must measure insurance contracts using streamlined estimates and hypotheticals that reflect the timing of cash overflows and any query associated…

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Why Is Trade Financing Important for SMEs in GCC

Why Is Trade Financing Important for SMEs in GCC

Why Is Trade Financing Important for SMEs in GCC Securing affordable and consistent financing is one of the most difficult challenges a small or medium-sized enterprise (SME) can face when exporting. Despite their significant contributions to global trade growth, SMEs continue to struggle with meeting day-to-day cash flow obligations. International…

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