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Featured press releases

Nearly three-quarters of top MENA banks have introduced ESG strategies

Dubai – 13 November 2023: According to the inaugural EY ESG MENA Bank Tracker report Bridging the gaps: ESG governance to climate action, nearly three-quarters of the MENA banks analyzed have developed ESG strategies, showcasing the growing recognition of the significance of ESG factors in the region's banking sector and underscoring the commitment of MENA banks to sustainability and responsible financial practices.

13 Nov 2023 Dubai AE

MENA IPO momentum to continue into 2024 with promising pipeline

Dubai – 07 November 2023: According to the EY MENA IPO Eye Q3 2023 report, MENA markets saw six initial public offerings (IPOs) during Q3 2023, raising US$523m.

7 Nov 2023 Dubai AE

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MENA banking sector witnesses 30% surge in net profits, 12.2% increase in net assets year on year in H1 2023

Dubai – 16 October 2023: According to the EY MENA H1 2023 Banking Report, the region experienced a remarkable year on year (YoY) growth with a 30% surge in net profits and a 12.2% increase in net assets. Meanwhile, YoY returns on equity recorded a rise of 6.18%, and the net interest margin grew by 0.2%.

16 Oct 2023

EY celebrates 100 years in MENA

Dubai – 03 October 2023: EY celebrates 100 years of operation in the Middle East and North Africa (MENA), having established its first regional office in 1923. The MENA practice of EY has grown to over 8,000 people united across 26 offices and 15 countries.

3 Oct 2023

MENA M&A activity in H1 2023 reaches 318 deals valued at US$43.8b

Dubai, UAE – 30 August 2023: According to the EY MENA M&A Insights H1 2023 update, the MENA region witnessed a total of 318 merger and acquisition (M&A) deals amounting to US$43.8b.

30 Aug 2023

EY in the news

Paul Brody on CNBC Asia – ‘Value Propositions’ of Different Cryptocurrencies

Paul Brody talks to CNBC about separating the ‘value propositions’ of different cryptocurrencies.

2 Jul 2021 Paul Brody

Carmine Di Sibio on CNN Marketplace Europe

Carmine Di Sibio discusses with CNN's Nina dos Santos how geopolitics, supply chains and Covid-19 are all set to pile pressure on the global economy and data findings from the EY 2022 CEO Outlook Survey.

7 Feb 2022 Carmine Di Sibio

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