[New York, 23 September 2020] The United Nations Development Programme (UNDP), the United Nations Global Compact (UN Global Compact) and the International Chamber of Commerce (ICC) have established the COVID-19 Private Sector Global Facility, a global initiative and collaboration bringing together public and private sector partners to help local communitiesrecover better from the pandemic. Deutsche Post DHL…
PwC commits to net zero by 2030, globally
PwC commits to decarbonise its operations and supply chain, which includes reshaping how it serves clients, sustained reductions in travel and the increased use of zero carbon energy. PwC will embed the implications of climate change and other Environmental, Social and Governance (ESG) related factors across the work it does with clients, from strategy to…
Concerns around a global economic downturn and any future outbreaks are high for Middle East CFOs, according to PwC survey
Dubai, UAE, 16 June 2020: PwC released the results of the fourth Middle East edition of its COVID-19 CFO Pulse Survey, which shows how Chief Financial Officers (CFOs) in the region are responding to COVID-19. The survey has been tracking the sentiment and priorities of finance leaders as they navigate the unprecedented disruption that COVID-19…
PwC Middle East Economy Watch Q2 2020 Reopening begins, but COVID-19 economic shockwaves persist
Weaker oil and COVID-19 lockdowns squeeze economic activity and push down 2020 forecasts Fiscal responses vary from sharp consolidation (Oman) to modest net stimulus (UAE, Bahrain) Coupled with the decline in revenues, all Gulf states will have large deficits to finance for several years Stronger PMI data for May suggests that conditions are improving across…
New PwC COVID-19 study reveals CFOs’ focus on workplace reboot, transformation, and cost cutting
Dubai, UAE, 12 May 2019: PwC revealed the results of the third Middle East edition of the biweekly COVID-19 CFO Pulse Survey which shows how Chief Financial Officers (CFOs) in the region are responding to COVID-19. The survey tracks the sentiment and priorities of finance leaders as they navigate the unprecedented disruption that COVID-19 has on…
PwC’s COVID-19 CFO Pulse Survey, the first in a bi-weekly series that shows how Middle East CFOs and finance leaders plan to react to COVID-19 — and what impacts they expect to see
Dubai, UAE, 14 April 2019: Released today by PwC, the first Middle East edition of the COVID-19 CFO Pulse Survey reveals how chief financial officers (CFOs) and finance executives in the region plan to react to the COVID-19 outbreak, and what business and economic impacts they anticipate in the coming weeks and months. Top Middle East findings 67%…
Convenience is key: PwC reveals Middle East findings of its Global Consumer Insights Survey
Highlights Convenience is key for Middle East consumers who are more likely than their global counterparts to use food delivery services Four out of five consumers in the Middle East are expecting to spend the same or more in the next 12 months Consumers continue to embrace mobile payments and still lead on making purchases…
Virtual reality (“VR”) and augmented reality (“AR”) could deliver a $4.1billion boost to the UAE economy by 2030 – PwC Middle East
PwC estimates that VR and AR could boost UAE GDP by 1% by 2030 ● Globally, these technologies have the potential to add $1.5 trillion to the global economy by 2030 ● PwC analysis demonstrates the potential for significant productivity, innovation and training for 23 million jobs globally and upward of 42,000 jobs…
PwC completes its acquisition of Booz & Company
United Arab Emirates, 3rd April 2014 – PwC is pleased to announce today the successful completion of its combination with Booz & Company. With the granting of all regulatory approvals for Booz & Company to join PwC, it is now officially part of the PwC Network. All closing conditions for the deal have been met.…