Tuesday 27 September 2016
 
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EY

Mena M&A deal value down 10pc in H1

Announced M&A deal value in the Mena region decreased to $19.7 billion in the first half (H1) of 2016 from $21.9 billion in H1 2015, marking a decrease of 10 per cent, according to EY, a multinational professional services firm.

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Mena IPO activity remains subdued in Q2

The Mena region witnessed six IPOs in the second quarter (Q2) of 2016, collectively raising $397.2 million, a 40 per cent decrease in volume and 81 per cent decrease in value compared to Q1 2016. “Given the recent trends, Sa

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Dubai leads ME hotels occupancy rate in May

Dubai hotels recorded the highest May occupancy rates of 86 per cent in the Middle East this year, said an industry expert. “Middle East hotel performance was mixed in the month of May. GCC hotels emerged as the  highes

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Customer experience ‘top priority for telcos’

For more than two-thirds of telecommunications C-suite customer experience management is top strategic priority over the next three years, according to a new report from EY, a global leader in assurance, tax, transaction and advisory services.

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Smart tech can cut utilities spend by $10bn in GCC

Smart technologies can help reduce the investment needs of new desalination and power plants by approximately $10 billion in the GCC by 2030, said an industry expert. This can be achieved through a reduction in peak load demand, o

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Mena M&A market rising despite low oil prices

Low oil price is having little impact on M&A strategy as Mena executives continue their steadfast pursuit of deal-making, according to the latest edition of the EY Capital Confidence Barometer (CCB).  Of the Mena executiv

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Low recognition of cybercrime risk in ME: report

Only 29 per cent of executives in the Middle East recognize cybercrime risk, compared to 47 per cent globally, according to the latest Global Fraud Survey, Corporate misconduct – individual consequences published by EY, a global leader in

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Abu Dhabi platform to back STEM education

Citizen Science, a digital platform that aims to encourage passion for science among our youth and create a pipeline of millions of scientists and innovators for the future was unveiled at an event in Abu Dhabi, UAE today (April 28).

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EY signs up Forte to boost Mena advisory team

EY Mena, a leader in assurance, tax, transaction and advisory services, has signed up the team from Forte Consultancy, a privately-owned independent management consultancy that specialises in customer management and analytics, to join EY&rsquo

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Mena hospitality markets report weak 2015 performance

Hospitality markets across Mena witnessed a less than ideal performance in 2015 compared to 2014. While occupancy rates increased across some markets, revenue per available room (RevPAR) across most markets was lower compared to 2014, said a rep

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