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No news found.
KPMG financial services experts on the Middle East's fintech scene
Despite the Covid-19 pandemic, funds pumped into FinTech companies globally topped $100 billion for only the third time in history, demonstrating the sector’s growing importance within the wider fina
14 April 2021
Post-Covid-19 world brings new risks for FinTechs in UAE
FinTech’s in the UAE are still grappling with pandemic-related risks, and are adapting their business models accordingly.
29 March 2021
KPMG shares best practices for navigating financial distress
In a bid to support GCC leaders in financial distress or facing its prospect, experts at KPMG recently hosted a webinar where they discussed a number of restructuring and turnaround best practices.
16 March 2021
PwC's Experience Centre hosts region's top FinTech start-ups
A cohort of eleven start-ups has graduated from a FinTech bootcamp, with the grand finale hosted at PwC’s Dubai based Experience Centre.
03 March 2021
Top US consultancy withdraws from 'crucial' central bank work
Alvarez & Marsal has exited its role as consultant to Lebanon’s central bank, after a sustained standoff saw the financial institution withhold data citing bank secrecy.
26 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
Most Middle East CFOs still in cost cutting and mitigation mode
CFOs across the Middle East don’t expect things to normalise any time before the latter half of next year, according to a new Deloitte survey.
04 November 2020
Middle East IPO market faces subdued outlook for rest of 2020
Despite enjoying a strong first quarter, the initial public offering (IPO) market in the MENA market is set to face a subdued outlook over the next six months as the effects of Covid-19 take shape, a
19 June 2020
Middle East CFO sentiment continues its slide as Covid-19 bites
The sentiment of Chief Financial Officers (CFOs) in the Middle East continue to slide, according to PwC’s latest CFO Pulse Survey, which sheds light on how financial leaders in the region are absorbi
17 June 2020
Middle East CFOs remain positive for a quick recovery following COVID-19
Finance leaders in the Middle East are expecting a sizeable impact from the global coronavirus pandemic according to a new survey by PwC, but the longer-term outlook remains buoyant.
16 April 2020
Saudi banks should embrace fintech strategies and collaborate
The number of fintechs emerging in Saudi Arabia’s financial services landscape is changing the face of the banking industry.
23 March 2020
Financial crime on the up in the Middle East, shows PwC survey
Fraud and financial crime is on the rise in the Middle East, according to the latest survey from professional services firm PwC, but there may be some broader local issues hidden in the data.
06 March 2020
ADGM launches Abu Dhabi Fintech Awards in collaboration with KPMG
Abu Dhabi Global Market has launched the FinTech Abu Dhabi Awards – with applications open until the 23rd of September.
04 September 2019
ICAEW adds Grant Thornton and KPMG execs to Corporate Finance panel
The Institute of Chartered Accountants in England & Wales has added four new faces to its panel of local corporate finance experts, including executives from Grant Thornton and KPMG.
20 August 2019
Strategy& calls for Saudi government to incentivise personal savings
The Saudi government needs to create more demand for savings say Strategy& partners Fadi Adra and Jorge Camarate, with a number of suggestions on the table.
08 July 2019
Emerging market banks need to act now to attract less loyal millennials
With young consumers increasingly favouring online banking, banks can gain considerable advantage from digital tools says a new Oliver Wyman report, but challenges remain.
12 June 2019
ACCA hosts conference on technology in the Middle East finance sector
29 March 2019
Release of McKinsey Lebanon report highlights depth of economic woes
The exasperated Lebanese Economic Minister Raed Khoury has publicly published McKinsey’s hefty recent economic country report ahead of previous plans, and the picture isn’t pretty.
18 January 2019
Dubai International Financial Centre given go ahead for massive expansion
The Dubai International Financial Centre has been given the green light on an ambitious expansion plan which will see the region’s leading financial hub triple in size.
15 January 2019
European platform B-Hive to help develop fintech ecosystem in Qatar
In the latest in recent series of regional fintech agreements, the Qatar Financial Centre has signed a deal with European collaborative platform B-Hive to help develop the fintech innovation ecosyste
26 November 2018
Four firms from the Middle East make KPMG's top 100 fintech list
Firms from four Middle Eastern nations have made this year’s KMPG Fintech 100 list, with Bahrain, the UAE, Jordan and Israel represented among the world’s top established and emerging financial techn
21 November 2018
Roland Berger among partners for launch of Islamic fintech centre in Bahrain
Global consultancy Roland Berger has partnered with Bahrain FinTech Bay in the launch of the new Global Islamic & Sustainable FinTech Center in Bahrain.
23 October 2018
Middle East financial centres move up the rankings in latest global index
Abu Dubai, Dubai and Abu Dhabi have all bounced back in the 24th Global Financial Centres Index, a financial markets competitiveness report released by British research consultancy Z/Yen Partners.
17 September 2018
Deloitte's Israel and Palestine arms work on joint Catholic church project
The Israeli and Palestinian arms of accounting and consulting firm Deloitte have joined together on a project of financial reform for the Latin Patriarchate of Jerusalem, with the Catholic Church’s a
12 September 2018
KPMG and ADGM fintech innovation challenge finalists to showcase in a fortnight
04 September 2018
Oliver Wyman proposes Dubai innovation hub to aid regional financial inclusion
The global management consulting firm Oliver Wyamn has forwarded the UAE as the ideal centre for an innovation hub focused on enhancing regional financial inclusion.
31 July 2018
Abu Dhabi Global Market signs fintech deal with Hong Kong regulator
17 July 2018
Dubai's IFC and Accenture to collaborate on world-leading FinTech hub
The Dubai International Finance Centre has signed a memorandum of understanding with professional services heavyweight Accenture aimed at solidifying Dubai as a world leader in FinTech.
29 May 2018
Saudi Arabian Monetary Authority taps Deloitte to build fintech hub
The Saudi Arabian Monetary Authority is set to build a fintech ecosystem in the Gulf Coast country in collaboration with Deloitte Middle East.
28 May 2018
Research consulting firm OBG releases annual economic report on Bahrain
The global research and consulting firm Oxford Business Group has released its latest economic country report on Bahrain, noting 2017 as a record year for inward investment.
23 March 2018
Roland Berger joins Bahrain FinTech Bay as founding partner
International strategy consultancy Roland Berger has strengthened its ties to Bahrain by supporting the launch of a new FinTech hub.
07 March 2018
Financial crime measures dip in MENA due to regulatory overload
The focus on financial compliance and security measures has diminished in the MENA region according to a financial crime report from Deloitte, for the first time across the life of its local surveys
27 February 2018
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