Wednesday 21 February 2018
 
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EY

Data safety among top concerns for UAE, Saudi firms

Sixty per cent of respondents to a survey in Saudi Arabia and UAE respondents expressed increasing concern about data protection and data privacy compliance, a report said. Sixty per cent of respondents to a survey in Saudi Arabia

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GCC financial advisors positive about robo-advice

Forty-nine per cent of financial advisors in the GCC were upbeat about the prospects for robo-advice, even if only 35 per cent of them saw it as an opportunity for their businesses in 2017, said professional services firm EY in a new report.

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Online video revenues growth seen at 22pc

Most Mena markets are projected to grow online video revenues by 22 per cent–35 per cent annually until 2021, said professional services firm EY in its report on video consumption trends in the region  As a result, digi

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Family-run businesses ‘must assess VAT strategy’

Family-run businesses face significant challenges and need to assess their strategy carefully in light of the impending introduction of value added tax (VAT) in the UAE, said professional services firm EY. The increased compliance

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Mena IPO value up 20pc to $236m in Q3

The value capital raised via initial public offerings (IPOs) in the Mena region reached $236.7 million in the third quarter (Q3) 2017, a 20 per cent increase on Q3 2016, according to professional services firm EY. The region witne

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ME hotels' occupancy, rates drop in September

Hotels in the Middle East saw an overall decline in performance across occupancy and average room rate (ADR) parameters, resulting in a revenue per available room (RevPAR) performance drop across most of the international branded four and five s

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Mena M&A deal value up 23pc in Q3 to $4.3bn

The deal value of mergers and acquisitions (M&A) in the Mena region increased by 23 per cent to $4.3 billion in the third quarter (Q3) of 2017, up from $3.5 billion in Q3 2016 according to the EY Q3 2017 M&A report. A tota

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EY to launch wavespace hub at Dubai’s Area 2071

EY has announced that it will launch EY wavespace at ‘Area 2071’, within Emirates Towers in Dubai.    Opened by His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President and Prime Mi

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EY offers new platform to enhance supply chain, manufacturing performance

EY Mena has announced the rollout of EY Catalyst, a leading operational excellence cloud-based platform that can help clients significantly enhance their performance improvement programmes in supply chain and manufacturing. EY Cat

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192 M&A deals recorded in Mena in H1

Middle East and North Africa (Mena) region witnessed 192 merger and acquisition (M&A) deals, representing a decline of 23 per cent compared with 250 deals in the first half of 2016, said a report. Announced Mena deal value als

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