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stc Group Q1 net profit up 11.05%

The Group reported a revenue of $5.12 billion.

SAIB reports $139 million Q1 net profit

its assets increased by 20.08 percent to $43.65bn.

Nissan forecasts $5.3bn annual net loss

Last year, it announced 9,000 job cuts worldwide.

Saudia to acquire 20 wide-body aircraft

10 of these being acquired for its flydaeal low-cost airline

ADIB’s Q1 net profit $517 million

Q1 2025 net profit before tax increased 18% YoY.

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 committed to creating more than 6,000 jobs in the Middle East over the next five years under its ‘The New Equation’ strategy.

    The focus of these jobs is digital, emerging technologies, and Environmental, Social and Governance (ESG).

    Established in the Middle East for 40 years, PwC has 22 offices across 12 countries in the region with around 6000 people.

    Other commitments for the region include:

    Investing in digital capabilities through strategic acquisitions, emerging technologies, and establishing additional Experience Centres in the region, to complement PwC Middle East’s existing state-of-the-art hub for innovation, co-creation and creativity.

    Creating an ESG Centre of Excellence in the region focused on energy transition and the broader ESG agenda.

    Hiring over 500 new graduates each year, and provide them with training and qualifications that set them up for a strong career in the region. 

    Doubling down on our PwC’s commitment to promoting inclusion and diversity, 50% will be female and 80% Arabic speakers.

    Committing to achieving net-zero greenhouse gas emissions by 2030, which involves transforming the firm’s business model to decarbonize the value chain.

    Upskilling the firm’s people to build a community of solvers, with the right skills to deliver human-led and tech-powered solutions.

    Hani Ashkar, PwC Middle East Territory senior partner said, “We are bringing the best of our people, capabilities and technology together to support our clients in building trust and delivering sustained outcomes for their businesses and society. The most important challenges faced by clients and stakeholders can only be met through multidisciplinary, diverse teams. ”