• PwC to set up blocks preventing exam cheating after $7 mn fine

    The Public Company Accounting Oversight Board (PCAOB) imposed the penalty on the China and Hong Kong offices of the "Big Four" auditing company on Thursday. The two offices issued identical statements on Friday saying it was "highly regrettable that a number of employees engaged in the improper sharing and use...
  • Tech-empowered shoppers drive Saudi consumer behavior: PwC

    Riyadh, Saudi Arabia -- Saudi Arabian consumers are navigating the market with heightened awareness, becoming better-informed buyers, according to the PwC's latest Middle East Pulse report, a segment of its comprehensive Global Consumer Insights Survey. Emergence of Informed Buyers The survey underscores a notable shift in consumer behavior as Saudi...
  • ESG shapes MENA region’s urban regeneration strategy

    ESG principles offer a solution framework as the region faces urbanization challenges, including unplanned settlements in cities like Cairo and Makkah, says a report.
  • PwC culls a raft of senior execs after Australian tax scandal

    PwC Australia has been mired in controversy since January this year, when it emerged that staff had leaked information from a confidential government tax briefing in an attempt to drum up new business. PwC will drastically restructure its Australian arm in an attempt to move on from the scandal, recently...
  • Finding private sector jobs difficult for 62% percent Emirati graduates

    Despite this pessimistic view, however, 61 percent of the surveyed graduates expressed interest in joining the private sector, said PwC's Emiratization Survey 2023, titled "The Retention Riddle: How to keep Emirati talent in the private sector." The survey sheds light on the efforts made by the UAE to enhance Emirati...
  • PwC opens regional headquarters

    The Middle East headquarters has been set up in Riyadh.
  • UAE signs MoU with Microsoft, PwC to set up ‘centre for digital excellence’

    Dubai, UAE-- The UAE has signed a memorandum of understanding (MoU) with Microsoft and PricewaterhouseCoopers (PwC) to set up the "UAE Centre for Government Digital Excellence." The centre will look to support the government’s digital transformation, enabling government authorities to benefit from the best global practices and modern technologies to...
  • NBF approves dividend for 2022

    The profit of 6% of paid-up capital will be paid as bonus shares.
  • Fewer GCC women achieve leadership roles

    Young women in the MENA region are more likely to be in the workforce, while the GCC countries — particularly the UAE, Saudi Arabia, and Qatar — have seen advances in labor force participation, according to a PwC report published in December last year. However, they are yet to gain...
  • Strong economies help GCC survive global chaos

    Robust monetary policies curtail the impact of geopolitical tensions, energy crisis, worsening inflation rates and market volatility on the region during 2022, a report highlights.
  • Is GCC insurance industry ready for the change?

    Industry experts stress the need for harnessing the momentum the industry has gained after the recovery from Covid setbacks.
  • PwC report confirms assertions of TOP CEO Conference experts: Skills help women get more jobs across MENA

    Young women in the MENA region are more likely to be in the workforce, while the GCC countries have seen advances in labor force participation, says the latest PwC report.
  • UAE eyes jobs via crypto, metaverse investments

    According to a PWC estimate, the MENA region's blockchain market would reach $3.2 billion by 2024, and the UAE is working to become a major player in the field.
  • Dubai ranks first in Arab world in Innovation Index

    The report also highlights that 2014 saw the launch of the first Dubai Innovation Index, which was the first-of-its-kind city level assessment of innovation which has influenced a raft of new measures, including strategies policies and procedures introduced in areas that include public private partnerships, robotics, blockchain, artificial intelligence, the...
  • 2022 World Cup may help Qatar sustain growth

    The projects initiated as part of hosting the tournament include the construction of eight stadiums, Doha Metro Rail, a new airport, new seaports, laying new roads, and the futuristic sustainable Lusail City, which can accommodate 450,000 people once completed.
  • PwC Middle East to hire 6,000 staff in five years

    PricewaterhouseCoopers (PwC) Middle East intends to build its largest headquarters in Riyadh, and hire more than 6,000 staff across the region during the next five years.
  • Middle East govt entities should digitize services fast

    Governments need to build necessary foundations to exchange non-sensitive public data Develop interoperable digital platforms and a broad range of technological capabilities Governments in the Middle East need to intensify efforts to digitize services, said a study by the Abu Dhabi Digital Authority and Strategy&. Hani Zain, partner Middle East...
  • Digitalization, sustainability top priorities of Middle East consumers

    PwC Middle East claims consumers in the region value digitalization and sustainability the most 58% of Middle-East consumers say they have become more optimistic about the economy Accounting firm PricewaterhouseCoopers’ regional arm PwC Middle East, in a survey, claimed that consumers in the region value digitalization and sustainability the most,...
  • Mena box office revenues to hit $1bn by 2024: PwC

    Revenues from cinema in the Mena region is expected to defy global trends and hit $1 billion by 2024  Box office revenues in the Mena region are expected to grow by 4% in the aforementioned period, compared to a 2.4% decline worldwide Revenues from cinema in the Middle East and...
  • PricewaterhouseCoopers Middle East commits to creating 6000 jobs in 5 years

      Creating an ESG Centre of Excellence in the region part of 'The New Equation' strategy  Firm announces its commitment to hire more than 500 graduates a year and train them for a strong career   Auditing, assurance and consulting firm PricewaterhouseCoopers (PwC) Middle East has said that it is...
  • PwC, Microsoft join hands to boost cloud adoption in Qatar

    PwC and Microsoft are extending their global collaboration to “accelerate digital transformation and cloud adoption in Qatar” The move that is expected to the affect the government as well as private sectors   Professional services network PwC and software giant Microsoft said in a statement on Wednesday, May 26, that...