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Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

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. ”