Category Archives: Business & Investments

Retail and Consumer Businesses Should Embrace an ‘Ecosystem Approach’ to Tap into a Potential $1tn Revenue Pool in MENA – Oliver Wyman

January 23, 2024 uaenews247 Leave a comment

Retail and Consumer Businesses Should Embrace an ‘Ecosystem Approach’ to Tap into a Potential $1tn Revenue Pool in MENA – Oliver Wyman

Dubai, January 22, 2024 – Oliver Wyman, a global management consulting firm and a business of Marsh McLennan (NYSE: MMC), has bolstered its practice focused on Retail & Consumer Goods (RCG) in the India, Middle East, and Africa region, combining Oliver Wyman’s global expertise in transformation, development of retail solutions, and more with extensive local experience to provide strategic guidance to retail and consumer businesses aiming to transform and grow.

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Business & Investments

SANCTUARY JOINS SUMMIT GROUP

January 23, 2024 uaenews247 Leave a comment

SANCTUARY JOINS SUMMIT GROUP

January 23, 2024, Dubai, UAE – Summit Group, a leading independent provider of fiduciary and administrative services, today announced that Dubai-based Sanctuary is joining the group, with support from Sovereign Capital Partners. The Middle East is a high-growth market for fiduciary services, and the addition of Sanctuary represents a strategic move to capitalise on the burgeoning opportunities within the region.

Matt Claxton, CEO, Summit Group (left) and Deepak Malhotra, CEO, Sanctuary (right)

Sanctuary is a market-leading provider of services to entrepreneurs and families in the UAE, offering a comprehensive range of fiduciary, tax and advisory services that cater to the unique and complex requirements of clients in the region. Sanctuary broadens the range of services the combined group can offer to clients and increases the number of international locations to serve them from.

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Business & Investments

Dubai Welcomes FORT Global A $2 Trillion Family Office Transformation

January 23, 2024 uaenews247 Leave a comment

Dubai Welcomes FORT Global A $2 Trillion Family Office Transformation

Dubai, UAE, Jan 22, 2024– Dubai, the hub of financial innovation, proudly stands as the host for the transformative Family Office Roundtable (FORT) Global, a groundbreaking expansion curated by the Sovereign Wealth Fund Institute (SWFI). The event is set to debut on February 2nd at Dubai’s iconic Museum of the Future, where conventional barriers disappear and provide a stimulating environment for conversations that have the potential to change the world. Featuring participants at the helm of an immense $2 trillion in wealth, this exclusive, invitation-only event commands the attention of international asset allocators, dignitaries, ministers, and single-family offices hailing from 35+ countries.

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Business & Investments

Rising costs amidst global economic shifts is a top concern for 58% of SMEs

January 23, 2024 uaenews247 Leave a comment

Rising costs amidst global economic shifts is a top concern for 58% of SMEs as they also face workforce challenges

Challenges in talent acquisition, cost management, and ESG reporting emerge as the three top hurdles for SMEs in 2024

Fazeela Gopalani, Head of ACCA Middle East

Dubai, UAE; January 23, 2024: New research from the Association of Chartered Certified Accountants (ACCA) highlights the pressing challenges and strategic innovation opportunities for small and medium-sized enterprises (SMEs).

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Business & Investments