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.
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
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
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.
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
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
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
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).
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
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