Islamophobia threatens global peace and coexistence, not just Muslims, says MWL chief at UN    Power bank likely caused South Korea plane fire, investigators say    Gold prices hit $3,000 for the first time as investors push the panic button    Hungary drops veto and agrees to prolong EU sanctions on Russian individuals    China hits out at 'threats of force' on Iran as Trump pushes for new nuclear deal    Makkah Lanterns Festival returns for the eighth year as part of Ramadan activities    Crown Prince receives Yazeed Al-Rajhi after historic Dakar Rally 2025 victory    SR17 million fines slapped on 16 individuals and companies convicted of violating Capital Market Law    Saudi Arabia welcomes border agreement between Tajikistan and Kyrgyzstan    Saudi ambassadors take oath before Crown Prince    16 endangered species released into AlUla's Protected Areas    Saudi Crown Prince reaffirms support for a political solution to Ukraine crisis in call with Putin Putin praises Saudi Arabia's constructive role and mediation efforts    NCM forecast: Thunderstorms to hit most Saudi regions until Monday    Saleh Al-Shehri's late penalty rescues Al Ittihad against Al Riyadh    Grand Mufti rules against posting prayers and preaching in mosques on social media    Man lives for 100 days with titanium heart in successful new trial    Argentinian court begins trial of seven healthcare professionals over Maradona's death    Al Hilal crushes Pakhtakor to storm into AFC Champions League quarter-finals    Singer Wheesung who wooed Korea with his ballads, found dead at 43    Prince Frederik of Luxembourg dies from rare disease    Real-life shipwreck story wins major book award    King Salman prays for peace and stability for Palestinians in Ramadan message King reaffirms Saudi Arabia's commitment to serving the Two Holy Mosques and pilgrims    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



KPMG logs double-digit growth in Mideast & South Asia region
Published in The Saudi Gazette on 03 - 01 - 2016

KPMG in the Middle East & South Asia (MESA) region reported a 12.7% growth in aggregated revenues of member firms across the MESA region for the fiscal year ending September 30, 2015 (up from 11.1% growth in the previous year).
During the year, KPMG across the MESA region had recruited 14 new partners, more than 650 experienced professionals and over 1,350 graduates. The resource pool at year-end is over 6,600 professionals and associates within member firms in 15 countries covering 32 office locations.
John Veihmeyer, Chairman of KPMG International, said: "This has been an exciting year for KPMG, as we have continued to innovate and invest at a record pace to meet rapidly changing global business demands. The breadth of services offered to clients has expanded considerably, with significant investment in new technologies such as real-time data & analytics, a record number of acquisitions, and bringing on board thousands of new, highly talented professionals". In one of his recent visits to the Middle East, John Veihmeyer also emphasized the significance of MESA as an important growth region for KPMG.
Recently, KPMG member firms in the region received a number of awards including the Accounting Firm of the Year Award at The CFO Middle East Awards, the Best Audit Services Award at MENA Fund Manager Fund Services Awards and was also recognized as a ‘Top Tier Firm' in the Gulf Cooperation Council (GCC) region according to International Tax Review's World Tax 2015.
Commenting on the performance of the region, Abdullah Al Fozan, Chairman of KPMG MESA and Member of KPMG's Global Board, said: "Our emphasis is on adapting to changing environments, enabling us to meet our clients' expectations. One of our main strategic initiatives is to invest further in building specialized expertise in focus sectors including infrastructure, energy, financial services, and enterprise. We are also aggressively investing in service expertise in areas such as digital, cyber security, transformation, strategy and data & analytics among a broader set of regional strategic growth initiatives. By focusing heavily on developing and empowering our people, we are confident we will continue to be relevant to the issues at hand and provide practical insight to help businesses and organizations to navigate through changing environments".
KPMG International reported an aggregated network revenue of $24.44 billion for the fiscal year ending 30 September 30, 2015, representing an 8.1% increase in local currency terms (up from 6.3% in the previous year).
KPMG member firms had in aggregate hired a record 24,000 new graduates, with the total workforce growing to 174,000.


Clic here to read the story from its source.