Monday 25 May 2015
 
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Deloitte

ME millennials to spend $15bn on media content

Millennials in the Middle East are expected to spend up to $15 billion on media content in 2015 or  around $120 per millennial, a report said. High rates of smartphone adoption, broadband, technological advancements and incre

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Savola tops MEA in consumer product sales

Savola, a multinational food group based in Saudi Arabia, recorded the biggest consumer product sales in the Middle East-Africa (MEA) region during the fiscal year ending June 2014, a report said. While Savola claimed the 111th ra

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Top 250 consumer products firms log $3trn sales

The world’s 250 largest consumer products companies generated sales of nearly $3.1 trillion in fiscal year ending June 2014, despite economic uncertainty, a report said. This resulted in an average company size of $12.3 bill

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Deloitte appoints director forensic services in Saudi

Deloitte Corporate Finance in the Middle East has appointed Abdullah Farid Shaker as principal director of forensic and financial advisory services, based in Riyadh, Saudi Arabia.   "I am delighted to welcome Abdullah to

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GCC on track to double smart city developments

The GCC is making major strides in its development of smart cities with the number of new smart city greenfield developments in the region set to double within the next two to three years, a report said. This follows the launch of

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Airlines ‘must effectively manage tax footprint'

Airlines need to effectively manage their tax footprint globally and pay what is owed at the right time, said an industry expert. “Tax has long had an uncomfortable relationship with the aviation industry,” explained N

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Airlines ‘must effectively manage tax footprint'

Airlines need to effectively manage their tax footprint globally and pay what is owed at the right time, said an industry expert. “Tax has long had an uncomfortable relationship with the aviation industry,” explained N

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Succession planning ‘critical’ for family firms

While more than 85 per cent of privately held businesses in the Middle East are family-owned, the first line of founders are now reaching retirement age and are finding succession planning a critical challenge, a report said. Such

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Oil rich Gulf countries ‘receive relatively high FDI’

The oil rich countries in the Gulf - Saudi Arabia and Kuwait - are receiving relatively high foreign direct investment in the Middle East, according to a report. The report developed by Deloitte in conjunction with the Social Prog

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Travel sector ‘not drawing on social media potential’

Travel companies are not fully capitalizing on the business opportunities presented by social media platforms, a report said. Travel companies must fully integrate digital channels into their overall business strategies in order t

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