Friday 22 September 2017
 
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Low oil hitting working capital in Middle East

Overall working capital performance in the Middle East has decreased by nine days in 2016 bringing the total decline to 14 days since 2014 with lower oil prices being cited as one of the main reasons for the decline, a report said.

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IPO activity in GCC slows down in Q2

Activity in the initial public offering (IPO) segment in the GCC witnessed a slowdown in both the number of offerings and total proceeds raised during the second quarter (Q2) of 2017, a report said.        

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PwC, Strategy& expand Mideast partner network

PwC Middle East and Strategy&, part of the PwC network, have announced the promotion of 13 new Partners in the Middle East. The new intake will bring the firm’s total number of partners in the Middle East up to 220, as p

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Online retail changing shopping experience

The development and advancement of online retail will surpass traditional retail and transform the region’s consumers’ shopping experience, said a report. The sector is witnessing game-changing developments with indust

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Saudi Arabia ‘will need over 1m new schools by 2020’

Based on current growth rates, Saudi Arabia is predicted to need over a million new school places by 2020 in grades 1-12, of which 150,000 are expected to come from the private sector, a report said. The number of private schools

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Geopolitical flux hits GCC IPO market in 2016

The GCC saw one of the weakest performances in the Initial Public Offering (IPO ) segment during 2016 in terms of number of offerings (4, the smallest since 2010) and raising of total proceeds ($781.7 million, the lowest since 2013), according t

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GCC on track for major economic recovery in 2017

While regional economies have been impacted by global reduction in oil prices, a recovery is expected from 2017 onwards, driven by a growth in oil prices as well as due to an increasing focus on economic diversification, a report said.

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PwC welcomes Jackson as region’s deals leader

PwC Middle East has announced the appointment of Pam Jackson as the regional deals leader, based in Dubai. An M&A specialist, Jackson has actively been engaged advising international clients on complex cross border M&A, ta

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UAE signs up PwC to study power sector

The UAE Ministry of Energy has signed up global professional services network PricewaterhouseCoopers (PwC) to conduct a technical and economic study of the country's electricity sector, said a report. As per the contract, PwC

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UAE signs up PwC to study power sector

The UAE Ministry of Energy has signed up global professional services network PricewaterhouseCoopers (PwC) to conduct a technical and economic study of the country's electricity sector, said a report. As per the contract, PwC

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