Monday 19 February 2018
 
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AI to contribute $320bn Mideast GDP by 2030

Artificial Intelligence (AI) will contribute $320 billion to the Middle East economy by 2030 - the equivalent to 11 per cent of GDP, according to a new report from PwC, a global provider of assurance, advisory and tax services. Th

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CEO optimism booms; jobs growth likely

A record number of CEOs are optimistic about the economic environment worldwide, at least in the short term, with over half of them expecting headcount to increase in their companies.    That’s some of

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CEO optimism booms; jobs growth likely

A record number of CEOs are optimistic about the economic environment worldwide, at least in the short term, with over half of them expecting headcount to increase in their companies.    That’s some of

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PE houses need to keep up with digital change: PwC

There is a pressing need for private equity (PE) houses in the Middle East to keep up with the rapid digital transformation or risk being left behind, said PwC, a top provider quality in assurance, advisory and tax services.  

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Organisations struggling to manage cyber risks: PwC

Many organisations worldwide still struggle to comprehend and manage emerging cyber risks in an increasingly complex digital society, said assurance, advisory and tax services provider PwC in a new report. PwC launched its 2018 Gl

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ME economic growth prospects improve for 2018: PwC

While the economic and fiscal outturns for the first half of the year are less than anticipated, momentum is building in key parts of the region, suggesting stronger economic growth could return in 2018, said an industry expert. R

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Low oil hitting working capital in Middle East

Overall working capital performance in the Middle East has decreased by nine days in 2016 bringing the total decline to 14 days since 2014 with lower oil prices being cited as one of the main reasons for the decline, a report said.

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IPO activity in GCC slows down in Q2

Activity in the initial public offering (IPO) segment in the GCC witnessed a slowdown in both the number of offerings and total proceeds raised during the second quarter (Q2) of 2017, a report said.        

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PwC, Strategy& expand Mideast partner network

PwC Middle East and Strategy&, part of the PwC network, have announced the promotion of 13 new Partners in the Middle East. The new intake will bring the firm’s total number of partners in the Middle East up to 220, as p

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Online retail changing shopping experience

The development and advancement of online retail will surpass traditional retail and transform the region’s consumers’ shopping experience, said a report. The sector is witnessing game-changing developments with indust

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