Press releases 2016

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Demographic and technological shifts are some of the megatrends that are disrupting the Middle Eastern retail sector

According to PwC Middle East’s latest “Total Retail Middle East 2016: They say they want a revolution”, Middle Eastern retail is in revolution and online shoppers in the Middle East are fundamentally disrupting retail. Technology is changing not just how consumers shop, but how retailers operate across the spectrum: from supply chain management, all the way through to customer engagement and brand management.

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Succession, Governance and Strategic planning, not economic headwinds, will hold Middle East family businesses back from growth – PwC Survey

Despite economic uncertainty, almost two thirds (64%) of family businesses have grown over the past year, according to a new global survey conducted by PwC of over 2,800 family businesses in 50 countries.

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PwC Middle East records double digit growth for FY16 as firm looks to future

PwC, one of the world’s leading professional services firms, launched its first Middle East Annual Review for its 2016 fiscal year. Despite challenging economic conditions across the region, PwC Middle East recorded double digit revenue growth as the firm continues to invest heavily in its people, capabilities and technology to deliver on its purpose of building trust in society and solving the region’s most important problems.

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PwC Middle East enhances its digital, mobile and cloud services with strategic technology acquisition

DUBAI, United Arab Emirates, 28 November 2016 – PwC Middle East, one of the world’s leading professional services firms with offices across the region, announced today that it has entered into an agreement to acquire NSI DMCC, an industry-pioneering technology consulting firm.

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The Middle East has the least demanding tax system, but new data highlights post–filing challenges, says PwC

The Middle East region has the least demanding tax system, ranking consistently below the world average according to the latest edition of Paying Taxes 2017, a report by PwC and The World Bank Group. This year the Middle East region has both the lowest average Total Tax Rate and the lowest average time to comply of all the regions.

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PwC appoints Sally Jeffery as the new Education Global Leader

PwC, one of the world’s largest professional services firms, announced the appointment of Sally Jeffery as its Global Education Network Leader. Based out of PwC Middle East’s headquarters in Dubai, Sally leads the Education Consulting practice, a team of dedicated education specialists who are part of PwC’s 1,000 strong advisory workforce in the region, and will support the global network in expanding and in particular rolling out more services leveraging education technology.

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IPO market remains subdued in the GCC with no activity in Q3 2016 reflecting global and regional uncertainty

The third quarter (“Q3”) of 2016 saw no IPO activity across the Gulf Cooperation Council (“GCC”) markets, thus reflecting the most depressed IPO market conditions since Q3 2015. Although activity in 2016 has generally been quite low, Q3 2016 activity levels perhaps best reflect the impact of uncertainties seen across the region.

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PwC: Middle East Faces Lag in Talent Management

PwC Middle East revealed findings of its first ever talent management survey, ‘Strategy, Talent and Leadership’, which assesses the various challenges that human resources (HR) professionals face in the region. Having polled 248 Chief Human Resources Officers (CHRO) across the Middle East, PwC found that only a few companies in the region have a strategic link between their business objectives and HR management practise.

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