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Oil Prices: Where, Why And What Next?

23 Apr 2015

The price of crude oil has been in free fall over the last nine months or so, which has made headlines around the world and continues to do so. Brent crude was priced at $115 per barrel in June 2014 before taking a steep slide bringing it to a $45 per barrel range – almost a 60 per cent drop. Brent crude is a major trading classification of sweet light crude oil that serves as a major benchmark price for purchases of oil worldwide.

Business optimism in the UAE has continued to grow steadily despite the recent instability within the oil & gas sector

13 Apr 2015

New research from the Grant Thornton International Business Report (IBR) reveals that while business confidence in 2014 climbed to levels not seen since before the financial crisis, a recent spate of uncertainty is weighing on growth prospects for the year ahead. With the price of oil plummeting, the future of the eurozone still far from secure, tensions in Ukraine and concern around the pace of the slowdown in China, the confidence of business leaders, especially in the world's largest three economies, has slipped as we enter 2015.

The future of Audit is set to transform in the UAE, leading way to change

12 Apr 2015

Grant Thornton, a leading international assurance and advisory firm and the Association of Chartered Certified Accountants (ACCA), the leading global professional accountancy body hosted a number of key influencers on the 7th of April 2015 at an event titled “The Future of Audit”, which set out to find how the audit environment is set to change to meet the evolving needs of the UAE economy.

Grant Thornton named as the Strategic Partners of the Year for 2015 with Middle East CFO Alliance

01 Apr 2015

Grant Thornton are pleased to announce that we are the Strategic Partners of the Year’ for 2015 with Middle East CFO Alliance. MECA CFO Alliance is an international CFO networking group that operates globally with its members based in over 20 countries.

Hisham Farouk, CEO shares insights from the Hotel 2020 report on Dubai Eye Radio

16 Mar 2015

Hisham Farouk, CEO shares insights from the Hotel 2020 report on Dubai Eye Radio

Mass personalisation and digital are key for UAE Hotels in run up to 2020

16 Mar 2015

The hotel industry has lagged behind other sectors in adopting technology to meet customer led demand, according to a new report from Grant Thornton, the global professional services firm.  

Women in Eastern Europe point the way to senior management whilst in the UAE the path to leadership gains further support from government initiatives

08 Mar 2015

In mark of International Women’s Day, new research from Grant Thornton reveals that Eastern European countries dominate the international league table for senior female business leaders, including seven of the top ten, with Russia at number one.

Building momentum for the year ahead: Real Estate & Construction outlook

10 Feb 2015

The global economy has entered another period of uncertainty, with the Greek elections threatening to reignite the eurozone crisis and the dramatic fall in the oil price spooking markets.

Grant Thornton posts annual revenues of US$4.7 billion

19 Jan 2015

Grant Thornton today announced record combined global revenues of US$4.7 billion driven by 4.6% growth in US dollars (4.9% in local currency) for the year ended 30 September 2014.

Grant Thornton donation to UNICEF tops US$360,000

27 Dec 2014

Grant Thornton donated USD30,950 to UNICEF UK as part of its ongoing association through the International Business Report (IBR). This takes the total donation made through the project over the past eight years to over US$360,000.