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
Cyber breaches and insider threats, including malicious insiders stealing, manipulating or destroying data, are the fastest-growing risks and are driving investment in Forensic Data Analytics (FDA), a report said.
Global Islamic banking assets with commercial banks are set to exceed $920 billion in 2015, a report said, noting that the sector continues to see strong growth with a compounded annual growth rate of about 16 per cent.
Announced merger and acquisition (M&A) activity in the Mena region decreased by 13 per cent from 104 deals in the third quarter (Q3) of 2014 to 91 deals in Q3 2015, a report said.
Deal value also declined from $8.5 billion in
Three out of four GCC customers would be ready to switch bank for a better digital experience and up to 64 per cent would feel comfortable switching to a digital-first bank, with less reliance on branch network, a report said.
To increase the scope of income tax laws, GCC countries are pursuing tax determinations with significantly broader interpretations of activities or actions that constitute doing business in-country, according to experts.
A majority of Mena business leaders and senior compliance specialists expect to spend significantly more on sanctions and financial crime compliance over the next 12 to 18 months with increasing financial crime risks across the region.
EY, a multinational professional services firm, recently hosted a symposium on sanctions and financial crime compliance in Dubai, UAE with attendance from 275 C-Suite executives from more than 100 companies.
Prominent speakers at