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EY

Islamic banking assets surge to $924bn in 2015

The assets of Islamic banking reached $924 billion in 2015, with growth rates declining across all regions compared to previous years, says a new report from professional services firm EY. The GCC region’s share of participa

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Islamic banking assets surge to $924bn in 2015

The assets of Islamic banking reached $924 billion in 2015, with growth rates declining across all regions compared to previous years, says a new report from professional services firm EY. The GCC region’s share of participa

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Batelco to host EY internal audit roundtable

Bahrain-based telecom group Batelco will host the 6th EY Annual Internal Audit Roundtable in the Telecoms, Technology and Media Industry on November 30 and December 1 in the kingdom. This will be the first time the key event is ta

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Mena M&A deals fall 24 pc in Q3

Mena M&A activity and value declined in the third quarter (Q3) of 2016, recording 74 deals amounting to $5 billion, compared to 98 deals amounting to $6 billion in Q3 2015, says top professional services firm EY in a new report.

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Mena M&A deals fall 24 per cent in third quarter

Mena M&A activity and value declined in the third quarter (Q3) of 2016, recording 74 deals amounting to $5 billion, compared to 98 deals amounting to $6 billion in Q3 2015, says top professional services firm EY in a new report.

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UAE, Saudi insurance sectors ‘stay resilient’

The UAE and Saudi insurance markets have remained resilient despite ongoing economic uncertainty, an industry expert said, highlighting the potential for insurance growth in the Middle East.   “Both of thes

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EY launches platdorm for on-demand solutions

EY Mena has announced the launch of EY Growth Solutions – a new business model of innovative on-demand solutions, offering companies access to subscription services with inbuilt flexibility, standardization and competitive pricing.  

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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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