The Kuwait News Agency has announced that the Capital Markets Authority in that country will use XBRL in its efforts to regulate and develop the capital market, protect investors and improve the financial system in Kuwait.
This week XII CEO John Turner was in Amman in Jordan for the annual meeting of the Arab Federation of Exchanges (AFE). He spoke to a gathering of Chairmen, CEOs and senior executives of stock exchanges from across the region. The meeting attracted some 400 people in all, including broker/dealers, regulators and numerous international experts. A […]
The Kuwait Capital Market Authority, the Companies Commission of Malaysia (SSM) and DataTracks Limited are the newest members of the XBRL consortium.
The Ministry of Commerce and Industry (MCI) in Saudi Arabia has launched “Qawaem”, a new XBRL-based electronic reporting platform for the submission of consolidated financial statements by commercial entities in the Kingdom.
Delegates at the International Standards of Accounting and Reporting workshop as part of the UNCTAD World Investment Forum were briefed on the benefits of XBRL in Geneva this week.The program highlighted how to address challenges in corporate reporting, social responsibility, environment protection, and corporate governance. XII Best Practices Chair Ian Hicks offered his perspective on how XBRL supports […]
A survey of GRI data and 67 filing entities across the Middle East shows an uptick in sustainability reporting, especially in the energy sector.
The board of directors of Securities and Commodities Authority (SCA) has approved a draft regulation for trading in capital increase issue rights. The approval, which came during a board meeting, held at the SCA’s Dubai headquarters and presided over by the board chairman, H.E Sultan bin Saeed Al-Mansoori, Minister of Economy, was part of the […]
XBRL International has assigned HE Mohammed Al-Hadari, Deputy CEO for Organizational and Support Services Affairs, as its ambassador to the Arab World.