Welcome to the inaugural edition of our Middle East Annual Review 2016
Our region is undergoing a profound transformation. The Middle East is at the epicentre of a range of long-term, global structural forces – what we call the “Megatrends” and these, combined with the lower for longer oil price environment, are driving the transformation. The challenges posed by this transformation both inform and reinforce our strategic purpose – to help solve our region’s most important problems and to build trust in our society.
Hani Ashkar, Territory Senior Partner, Middle East in his interview with Hala Kudwah, our Financial Services Consulting Leader based in KSA, explains why the firm decided to issue the annual review.
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Take a look at our Middle East Annual Review 2016 تحميل باللغة العربية
Can a company's total contribution to the economy and society be measured? At PwC we think it can.
We use a unique framework we call Total Impact Measurement and Management (or TIMM) to gauge our contribution to the economy, society and the environment, and weigh it against the impact we inevitably have on the environment. It’s one of the ways we’re providing greater transparency for our stakeholders, and improving the information we use for decision-making.
TIMM is a relatively new framework, and doesn’t yet account for all of our impacts.However, it has given us a concept and language that help ensure consideration of the economic, social and environmental, alongside the financial business case as we manage our day to day operations. And, it’s helped us to understand the relative importance of different aspects of our business, and where to focus our efforts to decouple business growth from our environmental footprint.
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To meet our clients’ needs and fulfil our purpose, we need the best talent everywhere we do business. That’s why we’re committed to developing our people.
A great example of this commitment in action is in the United Arab Emirates, where PwC Middle East runs a programme under the name of ‘Watani’, Arabic for ‘National.
Hani Ashkar, Territory Senior Partner, Middle East talks to Hala Kudwah, our Financial Services Consulting Leader based in KSA about our people
Hani Ashkar, Territory Senior Partner, Middle East talks to Hala Kudwah, our Financial Services Consulting Leader based in KSA about diversity at PwC in the region
Saudi Arabian Industrial Investments Company (SAIIC) is a joint venture between the Saudi Arabian Public Investment Fund, the Saudi National Oil Company Saudi Aramco, and the leading petrochemicals company SABIC.
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The welfare of construction workers in countries across the Middle East is a frequent focus of attention in the media, both within the region and worldwide.
Middle East Senior Partner
Tel: +971 4 304 3100