Global accounting and consulting firm Ernst & Young (EY) has announced it will locate its soon-to-be established new MENA regional headquarters in Riyadh, Saudi Arabia. The new regional headquarters for the Middle East and North Africa (MENA) region will be located at the King Abdullah Financial District (KAFD), Riyadh’s premium business district and home to numerous other multinational companies.
There has been a massive boom in construction projects in Saudi Arabia in recent years as the country enjoys a strong economic situation and rapidly builds up its urban areas. Analysis from Knight Frank shows that the KSA’s total construction output value is expected to hit $ 150 billion by 2025.
What are the top technologies CIOs should keep a close eye on this year? New research from Frost & Sullivan sheds light on the technologies touted to reshape business and society. In what is one of Frost & Sullivan’s longest standing research series, the firm’s annual top 50 technologies assessment highlights the technologies with the largest near-term commercial potential, with the analysis spanning across nine different technology clusters.
Big players in the sports sector such as leagues and clubs are looking for ways to attract more foreign direct investments (FDI), and tokenization is set to become a major part of the strategy. That is according to new research from international consulting firm Agile Dynamics.
Baker Tilly JFC has welcomed former global KPMG executive Nav Bahl to its partnership in the Middle East. Appointed a senior partner, Nav Bahl brings over 30 years of experience in consulting and industry roles to Baker Tilly JFC, the network’s member firm in the Middle East and beyond.
Knight Frank has appointed Susan Amawi as General Manager for its operations in Saudi Arabia. Hired externally, Susan Amawi brings over 20 years of experience in the real estate sector to her role at Knight Frank, a UK-headquartered property consultancy firm (20,000 staff worldwide) with two offices in the Kingdom.
Saudi Arabia’s grocery retail sector has come a long way over the past years, but still has several steps to take in its evolution. Four major strategic developments will shape the industry’s landscape in the coming years, according to a new report from Oliver Wyman.
Members of the 2024 class of Dubai Business Associates (DBA) have celebrated their graduation from one of the most competitive training programmes around – and are now ready to embark on the next chapter in their professional career.
Middle East consultancy firm RISE has brought Richard Arrowsmith on board in a senior commercial role. Based in Riyadh, where RISE is headquartered, Richard Arrowsmith will in the role of Sales Director for RISE SCE lead the sales team responsible for delivering commercial revenues for clients across the sport, entertainment and cultural sectors.
Knight Frank, a real estate consultancy with numerous offices across MENA, has appointed Christopher Payne as its new Chief Economist for the region. Christopher Payne brings around 30 years of expertise in economic analysis, real estate, and financial markets, strengthening Knight Frank’s team that delivers economic insights to clients across the region.
Tharwah has been granted approval by the Capital Market Authority (CMA) to go public, with the Saudi human resources consulting firm to use the proceeds to expand its footprint. In a statement to Tadawul, Tharwah has confirmed that it intends to list its shares on the Parallel Market (Nomu).
Pricing of fees in the consulting industry has been based on a standard model relating to billable hours for decades. But according to Tracey Shirtcliff (CEO of SCOPE Better), the increasing use of artificial intelligence in consulting work is making this position untenable – with clients seeking a shift to payment based on delivery rather than time.
The world of internal audit is being disrupted by developments in technology, with robotic process automation (RPA) and artificial intelligence (AI) at the forefront of these developments. A new report from KPMG explores how technology is re-shaping the way how organizations can organize and run their internal audit function, as well as how the jobs of staff within the departments is changing.
Foreign direct investments (FDI) are a crucial source of growth and investments for the industrial sector, as well as a means to continue the path towards economic diversification. Roland Berger leaders Santiago Castillo and Arvind CJ outline a 5-step approach how Middle East countries can strengthen the flow of investments into the industrial sector.
Over the past years, GCC banks have outperformed their global counterparts and looking ahead, the region’s banking sector is in a good position to continue its growth, according to analysis by McKinsey & Company.
While the auto industry has made progress decreasing emissions, decarbonizing the supply chain remains a challenge, write Karim Henain and and Anna Fritz Månsson from Bain & Company. Decarbonization has become a front-and-center issue to nearly everyone: customers, business leaders, regulators, and investors – to name a few.
At a special event visited by top officials and leaders in the country, Arthur D. Little has formally inaugurated its new regional hub in Riyadh. Based in the King Abdullah Financial District, the new regional hub in Saudi Arabia’s capital city reaffirms Arthur D.
The FIA World Rally Championship (WRC) has signed a 10-year agreement with Saudi Arabia, securing the Kingdom’s presence on the calendar from 2025 onwards. The deal between the WRC Promoter and the Saudi Motorsport Company, hailed as “groundbreaking” by both parties, will bring the motorsport championship back to the Middle East for the first time since the 2011 edition in Jordan.
Global consulting firm Simon-Kucher has appointed Gagan Arora as a new partner in its Dubai office. Gagan Arora brings over 18 years of experience in strategy and management consulting to Simon-Kucher, which has been active in the GCC for over a dozen years.
OMD, one of the globe’s largest media agencies, has promoted Tarek Jaffar to the role of chief executive officer for its Egyptian business. In the new role, Tarek Jaffar leads a team of 80 staff, and oversees a client portfolio of dozens of brands, including some of the biggest names in industry.
2019-2024 © APU Commercial Information Services LLC - All Rights Reserved