Friday 20 September 2019
 
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ICAEW

Oil still dominating Mideast economies: ICAEW

Oil continues to dominate and shape the macroeconomic outlook for Middle Eastern economies, despite major economic diversification efforts, said accountancy and finance body ICAEW in a new report. Economic recovery in the Middle E

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Oil still dominating Mideast economies: ICAEW

Oil continues to dominate and shape the macroeconomic outlook for Middle Eastern economies, despite major economic diversification efforts, said accountancy and finance body ICAEW in a new report. Economic recovery in the Middle E

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Firms must re-think to survive digital era: ICAEW

Accountancy firms need to thoroughly re-think their organisational structure, culture, people and practices to be fit and ready to compete in a digital world, said leading accountancy and finance body ICAEW in a new report.  

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ICAEW unveils GDPR-compliance checklist

Many businesses in the GCC still do not comply with the EU’s General Data Protection Regulation (GDPR) and must act immediately or risk falling behind and potentially facing fines of 20 million euros or four per cent of global annual turno

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Technology can speed up M&A deals: ICAEW

Technology has improved the speed of transactions in the region’s merger and acquisition (M&A) segment and is expected to play a bigger role in the future, especially as data becomes more abundant. This was the consensus

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GCC finance sector must embrace AI: ICAEW

Artificial Intelligence (AI) is radically transforming the accountancy profession and the industry needs to accept this fact and work out how to harness this technology in order to stay relevant, said accountancy and finance body ICAEW.

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GCC’s GDP to accelerate to 2.8pc next year: ICAEW

The GDP of the GCC is expected to grow from just 0.3 per cent in 2017 to 2.8 per cent next year, while the same in the wider Middle East will accelerate from 1.4 per cent in 2017 to 3.2 per cent next year, a report said. Several e

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Oil sector could offset GCC non-oil growth: report

An anticipated non-oil sector growth of 2.6 per cent across the GCC in 2017 will be offset by a further three per cent contraction in the oil-producing sectors, said a report. The acceleration of global trade in the first half of

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Accountancy profession ‘must prepare for AI’

Artificial Intelligence (AI) will transform accountancy and the profession needs to needs to accept that machines will take over more and more decision-making tasks from humans, and work out how to harness this, a report said. Whi

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Raising funds for start-ups ‘still a challenge’

Raising funds in the Middle East remains challenging despite the great start-up ideas and the myriad opportunities that the region has to offer investors, according to accountancy and finance body ICAEW. This was the consensus dur

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