“XBRL - The eXtensible Business Reporting Language ”

United Arab Emirates sets up first XBRL Jurisdiction in Middle East

8/15/2011 3:39:03 PM   Bron: XBRL.org

The United Arab Emirates has set up a provisional XBRL jurisdiction under the sponsorship of the Abu Dhabi Securities Market (ADSM).  This is the first XBRL jurisdiction to be set up in the Middle East. The step was approved by the XBRL International Steering Committee in recognition of the UAE’s efforts and aims to advance XBRL.   The new jurisdiction expects to adopt the IFRS XBRL taxonomy to support financial reporting in XBRL under international standards by UAE companies. 

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