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Realty growth in Saudi Arabia, UAE to build on strong private sector and robust spending via govt initiatives
While 2022 saw record levels of demand for commercial office space as a result of ‘Programme HQ’, 2023 looks set to be dominated by the delivery of high quality residential-led mixed use schemes and a continued focus on tourism, leisure and entertainment projects, adds Burch, Partner and Head of Real...
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Post-Covid retail outlook bright in GCC
Saudi Arabia and UAE, two biggest economies in the Gulf Cooperation Council region, rely heavily on retail industry. -
MoU signed to enrich Investopia summit’s discussions and workshops
Investopia investment summit has announced the signing of a Memorandum of Understanding (MoU) with Deloitte Middle East for collaboration to enrich the Summit’s discussions and workshops. Under the terms of the agreement, the two parties will jointly study significant economic areas such as investments in Artificial Intelligence, social and environmental... -
Saudi Aramco hires Deloitte to assess suppliers’ cybersecurity compliance
Cyberattacks have now started targeting energy infrastructure The global loss due to cybercrimes in 2020 was assessed at $1 trillion: more than 1% of the global GDP State-owned public petroleum and natural gas company Saudi Aramco has hired global auditing, consulting, taxation, and advisory services-provider Deloitte to assess its suppliers’... -
Undervaluation of work in progress is UAE construction sector’s biggest challenge
69 percent of those polled believe decisions on capital projects during construction phase marred by short-term approach British Business Group working on how the UK Construction Playbook can be adapted for the UAE region Undervaluation of actual work in progress rather than delayed payment is the construction industry's biggest...