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Digital: The next frontier for hotels

16 Jun 2015

Established companies in the hospitality and tourism sector are having to work harder than ever to grow further. A series of recent events have disrupted demand in the short-term, but in the longer term, the rise of the digital economy is threatening traditional operating models and sales channels.

Outsourcing: Going beyond technical expertise

01 Jun 2015

Companies outsource back-office business processes mainly to boost efficiency and reduce costs. Payroll, HR and accounting processes – the most common to be outsourced – are heavily transactional, and many companies determine that external specialists can execute these far more cost-effectively than they can themselves.

Dubai calling: Franchising opportunities in the gateway to the Middle East

05 May 2015

Dubai is the most populous city in the United Arab Emirates (UAE) and the commercial capital of the Persian Gulf. Part of its success and appeal is its business-friendly climate.

United Arab Emirates Economic Overview 2015

03 May 2015

The United Arab Emirates (UAE) continues to drive regional change with an economy that has remained exceptionally buoyant throughout 2014. The country boasts one of the most agile economies in the world and has witnessed strong growth. As a result, the UAE consistently scores high across all global competitiveness indices compiled by both regional and international organisations.

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.

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.  

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