The IMF recent report about Saudi Arabia’s economy sheds some light on the challenges that Saudi Arabia will face because of the falling oil price and its impact on its fiscal revenue and increasing fiscal deficit. It is important to note that one of the recommended IMF measures to improve fiscal consolidation is by lowering … Continue reading
It is a year since I moved full-time to Qatar as leader of Education and Skills Consulting services at Deloitte in the Middle East. I’d worked in Doha for 12 months on and off before I moved and previously worked in Oman, developing vocational education with the state colleges several years before that. During this … Continue reading
Mergers and acquisitions, reorganizations, and even critical challenges such as fraud and litigation are all matters that companies might come to face during their business lifecycles. The 5 Deloitte thought leadership reports listed herein provide a comprehensive take on the major trends and aspects shaping the Financial Advisory Services industry in the Middle East. 1. Deloitte … Continue reading
Last summer while waiting for a job offer from Deloitte Middle East, a tweet from the CEO of Injaz Saudi Arabia, Mr. Nael Fayez, caught my attention. It advised, “Choose a high school near your home and volunteer with Injaz SA for five hours only to help prepare our students for the job market.” Having … Continue reading
If the title sounds familiar it is because it’s derived from Superman’s famous motto. And that is what every CFO is expected to be today, a Superman or Superwoman fighting for truth and justice in their organizations. It is the CFO who is responsible for upholding these principles in their organization and for setting a … Continue reading
Earlier this month, I had the privilege of attending the inaugural Government Summit, hosted by the UAE Prime Minister’s Office. This event brought together high-level government officials from the UAE, regional governments, and representatives from across the globe, to discuss challenges, best practices, and new ideas for the future of government services. Deloitte was one … Continue reading
Family businesses are so fundamental to the Middle East that they make up greater than 80% of the rapidly growing private economy of the GCC, yet their inherent complexity makes their evolution critical to their ultimate success and longevity. Thus, it was a natural step for Deloitte to launch a family business service line based … Continue reading
The recent announcement made by King Abdullah Bin Abdul-Aziz of Saudi Arabia on Friday January 11, 2013 to appoint 30 women to the country’s previously all-male Shura Council has raised eyebrows. This is the latest action in a series of moves from the Saudi government intending to enhance the role of women in society after … Continue reading
The healthcare market globally is undergoing a facelift. In the Middle East, transformations are imminent as well. Of the most notable changes in the global healthcare industry, is the adoption of a new business model that shifts its focus from developing blockbuster drugs and building pipelines, to business portfolio evolution, the regulatory landscape and emerging … Continue reading
In my earlier post on Enterprise Risk Management (ERM), I highlighted the recommended internal structure that companies should adopt to ensure this practice is most effective. In this post, I will be using Saudi Arabia as an example, as it has made notable advancements in ERM. In Saudi Arabia several companies have adopted risk management … Continue reading
