Business & Money | Tuesday 20 December, 2022 3:37 pm

63% of the internal auditors in Kuwait aim to rely on data analytics to analyze potential risks: Survey

62% of the respondents to leverage the power of technology to innovate their internal auditing function by 2024 The Protiviti Member Firm for the Middle East Region in partnership with Institute of Internal Auditors (IIA) Kuwait, conducted a survey to gain insights on the recent Internal Audit ...

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Business & Money | Tuesday 20 December, 2022 3:24 pm

Deloitte appoints Rashid Bashir CEO of Consulting in the Middle East

Rashid Bashir has been appointed the new CEO of the Consulting practice at Deloitte Middle East. He will start his new role on 1 January 2023, succeeding Tim Parr, who is set for retirement. Mutasem Dajani, CEO of Deloitte Middle East commented, “In the last five years, and under the...

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Business & Money | Tuesday 20 December, 2022 8:20 am

Rua Al Madinah Holding Named Official Sponsor of Medina Expo

HRH Emir’s patronage reiterates leadership’s interest in the region’s development to receive 30 million visitors by 2030: CEO Juhani Under HRH Madinah Emir’s patronage Under the patronage of His Royal Highness Prince Faisal bin Salman bin Abdulaziz, the Emir of the Madinah region, ...

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Business & Money | Tuesday 20 December, 2022 8:00 am

Dubai Chambers’ In Focus initiative connects members to opportunities in Kazakhstan, Kyrgyzstan and Uzbekistan

The first edition of the In Focus series highlights potential sectors for investment and trade in agriculture, metallurgy, tourism and constructionThe vision of the In Focus events is for members to sign up for the Chambers’ New Horizons initiative in Q1 2023Dubai Chambers has held the first ...

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Business & Money | Monday 19 December, 2022 1:54 pm

Turmeric Capital’s Maiden Investment in Leading Sustainable and Philanthropic Fashion Company “The Giving Movement” Gains Phenomenal Traction

 TGM to record 300% annual growth after investment, opens its first flagship outlet at Mall of the Emirates KSA represents 50% of TGM’s revenuesFurther expansion planned in Asia and the USAReaffirms its leadership position in sustainability movement and responsible business in the...

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Business & Money | Monday 19 December, 2022 1:34 pm

Euro Auctions Middle East to Expand UAE Operations with Region’s Largest Auction House at KEZAD

New facility to cover more than 43,000 square metres for 360-degree auction handling from transportation to minor repairs Khalifa Economic Zones Abu Dhabi – KEZAD Group, the integrated trade, logistics, and industrial hub of Abu Dhabi, has signed a lease agreement with Euro Auctions Middle...

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Business & Money | Monday 19 December, 2022 12:07 pm

Silicon Central welcomes Popular Retail brands

New store openings at Dubai's latest lifestyle and shopping destination for a diverse shopping experience Silicon Central, Dubai's latest lifestyle and shopping destination  welcomes Sharaf Retail brands to Silicon Central with the opening...

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Business & Money | Monday 19 December, 2022 11:58 am

Abu Dhabi-based Alliance Traffic Systems wins Silver Stevie Award at the 19th Annual International Business Awards in London

Alliance Traffic Systems, an Abu Dhabi-based provider of intelligent transportation systems (ITS), has been named the Silver winner of the prestigious Stevie Award for Technical Innovation of the Year, at the 19th Annual International Business Awards ceremony held in London...

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Business & Money | Monday 19 December, 2022 11:50 am

19 Newcomers Join Forbes Middle East's Top 50 Most-Funded Startups 2022 Meet The Entrepreneurs Inspiring Investors

The 50 most-funded startups in MENA have raised nearly $3.2 billion in combined funding. The U.A.E. has 18 startups on the list, followed by Saudi Arabia with 12 and Egypt with 11. Fintech firms made up 42% of the list, with 21 startups attracting $1.3 billion in funding.Forbes Middle...

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Business & Money | Monday 19 December, 2022 10:56 am

Rising M&A Activity in the Middle East sees Green Deals Quadrupled since 2001

BCG’s annual M&A report shows that green M&A activity has increased in volume, and peaked in 2021. The transition to clean energy is the primary reason for the increase in green M&A, marking 10.3 % of all M&A transactions in 2021.Middle East mergers and acquisitions (M&A)...

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