Thursday 25 December 2014
 
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Boston Consulting Group

Boston Consulting names new president & CEO

The Boston Consulting Group, one of the world’s leading management consulting firms, has announced Richard I Lesser as its new president and chief executive officer, effective January 1. Elected to the roles in May 2012, Les

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BCG promotes two principals to partners

The Boston Consulting Group (BCG), a global management consulting firm, recently announced the promotion of two of its principals to partners as part of its ongoing expansion in the Middle East. In their new roles, Hermann Riedl and Dr Al

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Boston Consulting appoints new partner

The Boston Consulting Group (BCG), a global management consulting firm, has appointed Jake Leslie Melville as a partner and managing director in the Middle East. This appointment further strengthens BCG’s global energy practice and falls i

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Gulf banks 'unlikely to see pre-crisis level growth'

Banks in the Gulf region are unlikely to witness the high growth levels seen before the financial crisis as real estate-driven lending and income growth subsides, the Boston Consulting Group said on Tuesday. Middle East banks saw rapid gro

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Mideast banking sector profits pick up

Middle East banking revenue growth slowed down in 2010, whilst profits picked up quite significantly due to reduced provisions for bad loans. That is one of the key conclusions of a report by the Boston Consulting Group (BCG). The

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GCC corporate banking units post growth

Some banks are now successfully shifting their focus from damage control to capitalising on the dynamics created by the downturn, according to a global report released by The Boston Consulting Group (BCG). The study shows that between 2007

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GCC telcos ‘need to cut waste, save on costs’

GCC telecom operators can achieve their full potential through cutting waste and achieving cost saving of up to 30 per cent, said a new study. As the telecom markets in the GCC are on the verge of saturation, GCC telecom operators are now

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Boston Consulting Group names new ME head

The Boston Consulting Group (BCG), a global management consulting firm, has appointed Joerg Hildebrandt as partner and managing director for its Middle East operations. Hildebrandt will also lead BCG’s Technology, Media and Telecommunicati

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Mideast assets under management surge

Millionaire households owned more than half the wealth in the Middle East and Africa last year, and the percentage of assets under management owned by the established wealthy was higher then anywhere else in the world. Assets under managem

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ME banking sector shows signs of recovery

The banking industry in the Middle East shows signs of recovery, indicating that the worst of the global financial crisis may be over, a study has revealed. Banking revenues and profits continued to grow in the Middle East last year, thoug

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