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Banking and capital markets

GCC banking sector set for strong performance in 2025

Dubai, UAE – 18 March 2025: According to the EY GCC Banking Sector Outlook 2024 report, GCC banks will continue to benefit from strong capital levels, supporting their overall performance in 2025. The expansion of gas production in Qatar, implementation of economic transformation projects in the Kingdom of Saudi Arabia (KSA), and non-oil economic growth in Bahrain and the United Arab Emirates (UAE) will underpin the resilience of GCC banks this year. In addition, the Brent crude price is expected to stay above US$74 per barrel for 2025-27, which will help uphold banking sector resilience.

18 Mar 2025 | Dubai, ARE | Lamice Murshid

Mergers and acquisitions

MENA region witnesses increased M&A activity in 2024 with 701 deals totaling US$92.3b

Dubai, UAE – 26 February 2025: According to the latest EY MENA M&A Insights 2024 report, the MENA region recorded a 3% rise in merger and acquisition (M&A) activity with 701 deals in 2024, compared to 679 deals in 2023. The total deal value in 2024 reached US$92.3b, indicating a 7% increase from the previous year. The GCC region accounted for the majority of deals with 580, amounting to US$90b.

26 Feb 2025 | Dubai, ARE | Lamice Murshid

GCC banking sector set for strong performance in 2025

18 Mar 2025

Dubai, AE Lamice Murshid

MENA region witnesses increased M&A activity in 2024 with 701 deals totaling US$92.3b

26 Feb 2025

Dubai, AE Lamice Murshid

EY seminar reveals innovative strategies that help businesses in Bahrain optimize their tax position

Manama, Bahrain – 13 February 2025: EY in Bahrain has hosted the Bahrain Annual Tax Seminar 2025 in Manama with the aim of guiding businesses in navigating the evolving tax landscape in the country and beyond. The latest edition of the event provided an overview of the major developments in the tax system that have taken place in Bahrain and regionally over the last 12 months.

13 Feb 2025

Manama, BH Lamice Murshid

EY seminar helps businesses in Qatar establish compliance with new tax regulations

Doha, Qatar – 10 February 2025: EY in Qatar has hosted its Qatar Annual Corporate Tax Seminar 2025 in Doha with the aim of guiding businesses in navigating the evolving tax landscape in the country and the MENA region.

10 Feb 2025

QA Lamice Murshid

MENA region recorded 54 IPOs raising US$12.6b during 2024

Dubai, UAE – 10 February 2025: According to the EY MENA IPO Eye Q4 2024 report, MENA markets saw a total of 54 initial public offerings (IPOs) in 2024, raising US$12.6b in total. When compared to 2023, last year recorded a 12.5% increase in the number of IPOs and a 17.6% rise in proceeds.

10 Feb 2025

Dubai, AE Lamice Murshid

Tech industry looks to turn the promise of AI into reality in 2025

LONDON, 19 DECEMBER 2024. Throughout 2024, new artificial intelligence (AI) capabilities continued to develop at a rapid pace, highlighting the need for technology businesses to reshape, reposition and innovate in a world led by the promise of generative AI (GenAI).

19 Dec 2024

London, GB EY Global

2024 IPO wrapped: Americas and EMEIA recover, Asia-Pacific lags

London, 18 December 2024. The global IPO market recorded 1,215 deals, raking in US$121.2b in proceeds for 2024, falling slightly behind 2023 levels.

18 Dec 2024

London, GB Lauren Mosery

EY launches academy in KSA to meet workforce needs

Riyadh, KSA – 18 December 2024: EY has launched its EY Academy in the MENA region with an inaugural location in the Kingdom of Saudi Arabia (KSA). The EY Academy was established to further enhance and accelerate the development of talent across the country and wider MENA region. The organization is the first of its peers to gain a license to operate an academy in KSA.

18 Dec 2024

Riyadh, SA Lamice Murshid

Two Gen Z friends using a smartphone together

New EY survey reveals crucial AI literacy training needs among Gen Z workforce

LONDON, 12 December 2024. Businesses and academia risk assuming that Gen Z students and employees are “AI natives” and must be mindful of Gen Z over-confidence in relation to artificial intelligence (AI) literacy.

12 Dec 2024

London, GB Jennifer Noel

Boat traveling under the Seven Mile Bridge

Investors shun long-term ESG rewards in quest for short-term gains

LONDON, 10 December 2024. A blinkered view of climate change and sustainability has taken hold across the world’s investor community and is fueling a focus on short-term performance at the expense of longer-term gains from environmental, social and governance (ESG) investments, according to the latest EY Institutional Investor Survey.

10 Dec 2024

London, GB Emile Abu-Shakra

GCC region recorded 1,889 FDI projects valued at US$47b in 2023

Dubai, UAE – 27 November 2024: According to the inaugural EY Attractiveness Survey for the Gulf Corporation Council (GCC) region, Foreign Direct Investment (FDI) by international companies reached a record 1,889 projects valued at US$47b in GCC countries in 2023 .

27 Nov 2024

Dubai, AE Lamice Murshid

Joe Depa named as EY Global Chief Innovation Officer to lead its global innovation strategy

LONDON, 22 NOVEMBER 2024 – The EY organization announces today the appointment of Joe Depa as the new EY Global Chief Innovation Officer, effective immediately.

22 Nov 2024

London, GB Eric Minuskin

Lamice Murshid

EY MENA Brand, Marketing and Communications Leader

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Featured press releases

GCC banking sector set for strong performance in 2025

MENA region witnesses increased M&A activity in 2024 with 701 deals totaling US$92.3b

GCC banking sector set for strong performance in 2025

MENA region witnesses increased M&A activity in 2024 with 701 deals totaling US$92.3b

EY seminar reveals innovative strategies that help businesses in Bahrain optimize their tax position

EY seminar helps businesses in Qatar establish compliance with new tax regulations

MENA region recorded 54 IPOs raising US$12.6b during 2024

Tech industry looks to turn the promise of AI into reality in 2025

2024 IPO wrapped: Americas and EMEIA recover, Asia-Pacific lags

EY launches academy in KSA to meet workforce needs

New EY survey reveals crucial AI literacy training needs among Gen Z workforce

Investors shun long-term ESG rewards in quest for short-term gains

GCC region recorded 1,889 FDI projects valued at US$47b in 2023

Joe Depa named as EY Global Chief Innovation Officer to lead its global innovation strategy

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