Thursday 30 July 2015
 
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EY

Mena govts ‘eyeing new taxes to meet budget’

Mena governments are considering new tax measures to broaden their revenue base and increase tax yields in a bid to preserve economic stability and continue with development plans, according to experts at a recent summit in London.

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GCC employers struggle with skills gap in local workforce

About three-quarters of employers in the Gulf Co-operation Council (GCC) feel that the education system does not know what skills employers need, according to a recent report. The EY report ‘How will the GCC close the skills

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EY to acquire Integrc to boost GRC services

EY, a leader in assurance, tax, transaction and advisory services, has signed a conditional agreement to acquire Integrc, a privately owned, leading provider of governance, risk and compliance (GRC) services to companies that run SAP.

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EY to acquire Integrc to boost GRC services

EY, a leader in assurance, tax, transaction and advisory services, has signed a conditional agreement to acquire Integrc, a privately owned, leading provider of governance, risk and compliance (GRC) services to companies that run SAP.

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Insurers see need to improve risk management

Forty-one per cent of insurance companies in Saudi Arabia and the UAE believe there is a need to improve their overall risk management framework, according to a new study. Due to increasing regulatory requirements, risk management

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48pc Mena firms lack anti-bribery, code of conduct policies

Nearly half (48 per cent) of businesses in the Middle East and North Africa (Mena) region do not have an anti-bribery or anti-corruption policy and code of conduct in place, according to a recent survey. The EY’s Europe, Mid

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48pc Mena firms lack anti-bribery, code of conduct policies

Nearly half (48 per cent) of businesses in the Middle East and North Africa (Mena) region do not have an anti-bribery or anti-corruption policy and code of conduct in place, according to a recent survey. The EY’s Europe, Mid

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Only two IPOs across Mena in Q1

Activity in initial public offerings (IPOs) across the Mena region declined in the first quarter (Q1) of 2015 after an active Q4 2014, with only two IPOs collectively raising a total capital of $255.7 million, said an industry expert.

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Mena M&A value rises 9pc to $8.9bn in Q1

Announced deal value in Mena increased to $8.9 billion in the first quarter (Q1) of 2015 from $8.2 billion during the same period last year, marking an increase of 9 per cent, a report said. In Q1 2015, 90 deals were announced as

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Mideast oil and gas transactions dip in 2014

The number of transactions in the oil and gas sector in the Middle East decreased from 32 to 12 from 2013 to 2014, a report said, noting that the total value was only marginally down at almost $600 million. In terms of the upstrea

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