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Consulting news in Saudi Arabia | Page 20
The latest news in the consulting industry in Saudi Arabia. An overview of consulting news, research and firm updates.
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Saudi Arabia's banking sector is ripe for further consolidation
M&A activity in Saudi Arabia’s banking market is anticipated to continue to unfold in 2021. Ali Maabreh, Head of M&A at KPMG in Saudi Arabia, outlines why the sector appears to be ripe for further consolidation.
01 April 2021
Cloud spending a top priority for CEOs in Saudi Arabia
Covid-19 is accelerating digital transformation efforts in Saudi Arabia, with cloud investments taking centre stage.
26 March 2021
How Saudi Arabia’s Tadawul-listed banks fared in pandemic-hit 2020
In a new report by KPMG, the firm’s financial services experts have cracked the numbers on the audited 2020 financial results of Saudi Arabia’s eleven Tadawul-listed banks, shedding light on how the
22 March 2021
Saudi executives to take digital transformation to the next level
“Every business is a technology business” – a core realisation that executives in Saudi Arabia and around the world have had over the last year according to Accenture.
18 March 2021
Maven advises Almarai on its acquisition of Bakemart
Food & beverage manufacturing giant Almarai has acquired the UAE and Bahrain operations of Bakemart – a producer of baked and packaged products – for a sum of $25 million.
18 March 2021
Esraa Al-Buti and Sanae Lahlou join WEF's global leaders class
The World Economic Forum has announced its 2021 class of Young Global Leaders – a group of “remarkable people under 40” that are committed to making the world a better place.
15 March 2021
FTI partners with Middle East professional services firm RAI
FTI Consulting has come to an agreement with UAE-based accounting and advisory firm RAI to offer their individual services to respective client bases in Saudi Arabia and the UAE.
02 March 2021
Saudi Arabia answers questions on regional HQ policy
Saudi Arabia is sticking by its plans to exclude non KSA-headquartred foreign companies from doing business with state entities, but has clarified some points around what a regional HQ should entail
02 March 2021
Alpha Capital partners with Four Principles for lean expertise
Riyadh-based asset management company Alpha Capital is looking to introduce lean thinking across its food & beverage investment portfolio.
01 March 2021
Open banking can transform payments scene in Saudi Arabia
With open banking going into effect next year in Saudi Arabia, incumbent banks may lose their tight control of customer data and their near monopoly over payment services.
25 February 2021
Middle East's M&A market bucks global trend to grow by 6%
Despite a 9% contraction in global merger & acquisition (M&A) activity last year, the Middle East remained resilient to clock a 6% jump in the number of deals for 2020.
24 February 2021
Lack of infrastructure a barrier to green living in the GCC
High costs, poor infrastructure and lack of awareness are some of the key barriers to a sustainable lifestyle in GCC countries.
22 February 2021
M&A market of Saudi Arabia to gain steam in 2021
Saudi Arabia was among the most active merger & acquisition (M&A) markets in the Middle East last year – a trend that is likely to persist through 2021.
09 February 2021
TCS takes full control of all-women BPO center in Riyadh
TCS and GE jointly established an all-women business services centre in Riyadh back in 2013 – aimed at promoting workforce equity and localising the business process outsourcing (BPO) industry.
05 February 2021
Utilise data capabilities to meet Sustainable Development Goals
Advanced data analysis is key to tracking progress on Sustainable Development Goals.
03 February 2021
RightFoot's MOHR solution debuts on Microsoft Azure marketplace
A solution developed by Egyptian consultancy RightFoot has made its debut on Microsoft’s marketplaces for business solutions.
29 January 2021
Saudi Arabia's PIF launches its own security consulting firm
Saudi Arabia’s Public Investment Fund (PIF) has launched a security services firm titled the National Security Services Company – branded as SAFE.
15 January 2021
Consultants to deliver transport plan for The Red Sea Project
Global engineering consultancy Mott MacDonald is now part of The Red Sea Project – among the largest and most sustainable planned tourism developments in the world.
11 January 2021
AxiomSL partners with Carlyle Square Consultancy in Saudi Arabia
Saudi Arabia based professional services firm Carlyle Square Consultancy has entered into a partnership with AxiomSL, a global provider of solutions to the financial services industry.
07 January 2021
HR leaders in Saudi Arabia are shifting focus to post-Covid-19 era
Almost half of human resource functions in Saudi Arabia have shifted their lens from short-term Covid-19 firefighting to more strategic HR topics, focused on preparing their organisation and people f
04 January 2021
How GCC food & beverage companies are coping with Covid-19
Food and beverage (F&B) companies across the UAE, Saudi Arabia, Kuwait and Oman face the daunting prospect of long-term social distancing, falling demand and cash constraints.
22 December 2020
KPMG leaders on Saudi's Q3 banking sector performance
KPMG Saudi banks has released the third quarter edition of its ‘Banking Pulse’, a quarterly study that sheds lights on the key trends and financial developments in the Kingdom’s banking industry.
14 December 2020
Family businesses surprisingly positive in the wake of Covid-19
Family businesses in the Middle East have turned their attention to life beyond Covid-19, signaling a “surprising” level of optimism according to a new Deloitte report.
09 December 2020
PwC helps Saudi government with water privatisation initiative
PwC has helped the Saudi government create a privatised and digitalised water transmission entity – WTTCO – in a move that is aligned with goals in Saudi Arabia’s Vision 2030.
30 November 2020
Most KSA and UAE consumers will spend during Black Friday
Over three quarters of consumers in Saudi Arabia and the UAE is planning to buy something this weekend, when the Black Friday and Cyber Monday shopping craze unfolds.
27 November 2020
Almarai working with McKinsey and SAP on digital transformation
Saudi Arabian dairy company Almarai has embarked on the next phase of its digital transformation strategy, working together with consultants and technologists from McKinsey & Company and SAP on drivi
23 November 2020
Working capital deteriorates as corporates tighten their belts
Against a backdrop of uncertainty and economic hardship, the working capital performance of businesses in the Middle East has waned strongly over the past six months.
16 November 2020
The next steps for Saudi Arabia's sovereign Public Investment Fund
The Public Investment Fund (PIF) was established in 1971 as the sovereign wealth fund of the Kingdom of Saudi Arabia.
11 November 2020
BCG Jeel Tamooh virtually connects Saudi students with employers
Boston Consulting Group’s (BCG) young talent development programme in the Middle East – Jeel Tamooh – usually culminates in a career fair that connects youngsters with employers and experts.
09 November 2020
Recycling plastics and metals a win for economy and environment
A 30% increase in the recycling rate for metals and plastics across GCC could cut millions of tonnes in carbon emissions and substantially reduce environmental damage, on top of generating up to $6 billion.
05 November 2020
GCC governments can save billions if they adopt AI
The art of artificial intelligence (AI) could help optimise a variety of government functions in the Middle East, generating economic value of $7 billion per year.
03 November 2020
Online grocery sales in KSA and UAE doubles during Covid-19
Once among the slowest ecommerce segments in the Middle East, e-groceries have been thrown into the spotlight due to the Covid-19 crisis.
29 October 2020
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