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PwC | Global news | Page 3

An overview of PwC global news:

Middle East

Greener built environment could meet over 50% of net zero goals Pushing for innovations in sustainability within the construction sector and overall built environment in the Middle East could eventually allow countries to meet more than 50% of the net-zero greenh
29 January 2024
Europe

Investors suspicious of greenwashing in CSR reports A remarkable 94% of investors distrust sustainability reports created by corporations, with this huge majority suspecting the reports of touting unsupported claims, a practice known as ‘greenwashing’
24 January 2024
Canada

PwC Canada acquires property tax consultancy Equitable Value PwC Canada has acquired Equitable Value Inc., a Toronto-based property tax and valuation consulting firm.
24 January 2024
Middle East

PwC invests heavily in Middle East managed services business Building on significant expansion of its Managed Services business across the globe, PwC is now following suite in the Middle East with the plan to add over 1,000 staff to the arm’s current headcount
16 January 2024
Saudi Arabia

Consumers in Saudi Arabia are happier with their banks Customer sentiment for leading banks in Saudi Arabia has improved in the past year, according to a new study from PwC, which analyzed customer attitudes towards seven leading KSA banks.
16 January 2024
Middle East

M&A firms advise Gulf Capital on 'highly profitable' AmCan exit Gulf Capital has exited its stake in AmCan, the Middle East’s largest distributor of sports nutrition products for an unknown but “highly profitable” stake.
09 January 2024
United Kingdom

Value of the 100 biggest unicorns falls by $10 billion A new study from PwC suggest that the 100 most prominent unicorns in global business attracted $10 billion less from investors in 2023 than the last year.
22 December 2023
United Kingdom

Half of UK organisations using transactions to keep up with change The UK M&A market looks set to pick up in 2024, with firms increasingly looking beyond organic growth to transform their operations.
14 December 2023
United Kingdom

UK’s largest listed companies contribute £90 billion in taxes A new study suggests that the UK’s largest listed companies contributed nearly £90 billion in taxes in the last financial year.
12 December 2023
Saudi Arabia

Substantial progress booked at half-way mark of Vision 2030 In PwC’s latest report on Saudi Arabia’s progress towards Vision 2030, researchers look at where the Kingdom stands on key economic and non-economic objectives, as the country hits the half-way mark
02 December 2023
United Kingdom

Consultancies warn autumn budget shortchanges SMEs While some leading consulting firms issued statements praising the implementation of new tax incentives for the mid-market, many more warned the measures did not go far enough.
28 November 2023
Asia

Agri-food sector in Asia can cut carbon emissions by 12% The Asian agri-food sector is a huge source of carbon emissions – but it has the potential to cut down emissions by 12% by 2030, which would be equivalent to the total amount of emissions from the en
21 November 2023
United Kingdom

Mohamed Kande in line to become PwC global chair Mohamed Kande is set to be confirmed as PwC’s next global chair.
13 November 2023
India

Central government spent Rs 450 crore on Big Four consultancy The Big Four accounting and consulting giants secured projects worth nearly Rs 450 crore from the central government between 2017 and 2022, according to analysis of public tender information.
10 November 2023
United Kingdom

Nicola Quincey joins PwC as EMEA AWS alliance leader Digital services expert Nicola Quincey has joined PwC as a partner. She will lead the firm’s alliance with Amazon Web Services in Europe, the Middle East and Africa.
10 November 2023
Germany

PwC acquires specialist operations consultancy Schuh & Company PwC has acquired Schuh & Company, a German company that specialises in the optimisation of product management portfolios in the manufacturing sector.
08 November 2023
Middle East

PwC revenues up 10% with Middle East and India the star performers Big Four firm PwC has lifted its revenues by 10% in local currency terms to a record $53 billion, with the Middle East and India businesses receiving global praise for their star performance.
07 November 2023
Saudi Arabia

Halfway Vision 2030, Saudi Arabia seems on track to hit key goals With Saudi Arabia half way to the end date of its ambitious Saudi Vision 2030 goals, the country now appears to be on track to meet the targets, which include economic, social, and cultural diversifi
03 November 2023
United Kingdom

Half of UK public does not trust government with long-term planning The UK's public institutions face a multitude of systemic problems, which they must plan for to deliver a healthy and prosperous future for the country’s residents.
02 November 2023
United Kingdom

PwC UK founds alliance with human capital platform Darwinbox As the firm looks to grow its human capital management offering, PwC has announced a new alliance with Darwinbox.
01 November 2023
United States

PwC names Mohamed Kande as next global chair PwC’s board has selected Mohamed Kande, the US and global head of consulting, as its next global chair.
31 October 2023
United Kingdom

Growth across all regions sees PwC lift global revenue to $53 billion Despite economic headwinds in several major markets, PwC has grown its global revenues by 10% in local currency terms to over $53 billion. All continents contributed to the growth.
27 October 2023
Spain

Big Four firms in hot Spanish water after illegal overtime hours Some employees working for Big Four consultancies in Spain have complained of working extended hours, prompting scrutiny and regulatory action.
27 October 2023
United States

PwC reports record revenue of $53.1 billion in FY 2023 PwC reported record revenue of $53.1 billion in the fiscal year ending June 30, 2023. The global network of accounting and consulting firms registered revenue growth of 11.
26 October 2023
United States

PwC US boss Tim Ryan drops out of global leadership race Tim Ryan, CEO of PwC US, has dropped out of the race to become Bob Moritz’s successor as PwC global chair, the Financial Times reported last week.
24 October 2023
Middle East

Middle East consumer exploring the web for better deals Consumers in the Middle East are increasingly on the front foot in their buying decisions, using the internet to compare prices, access reviews and acquire valuable competitive information.
24 October 2023
United Kingdom

Climate tech investment tumbles 40% over 2023 Climate technology has been one of the major casualties of the last year’s M&A slowdown, with the volume and value of related deals sinking to their lowest rates in over five years.
24 October 2023
Middle East

ZainTECH buys digital counterpart STS. Meet the dealmakers Dubai-based ZainTECH has significantly bolstered its capabilities with the acquisition of Specialized Technical Services Company (STS), Jordan-headquartered digital transformation company with over 350 staff.
16 October 2023
United Kingdom

PwC agrees anti-fraud alliance with tech provider Clearspeed Voice analytics technology provider Clearspeed has penned a new partnership with professional services giant PwC.
22 September 2023
Indonesia

Indonesian online travel unicorn Traveloka makes 'significant impact' A study from PwC has highlighted the contributions Jakarta-based travel company Traveloka has made in the tourism sector as well as in other areas such as agriculture and energy.
22 September 2023
United Kingdom

Consulting industry Big Four sees Great Resignation drag to close A slowdown in attrition at the UK’s top consulting firms is leaving fewer opportunities for new talent to advance.
21 September 2023
Middle East

ESG opportunities unfolding on the back of sustainable finance Countries in the GCC have in recent years made significant progress in developing their sustainable finance practices, with a focus on promoting a more sustainable financial services sector, encourag
15 September 2023

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