GLOBAL NETWORK UHY has added Saudi firm Abdul Jabber Certified Accountants to its portfolio. The firm will now operate under the UHY branding as UHY Abdul Jabber Certified Accountants and Consultants Office.
Abdul Jabber Certified Accountants was established in 1992. The firm’s head office is based in Jeddah with a branch in Riyadh. The firm provides accounting, audit, tax, consulting and specialised IT services for a portfolio of clients in the private and government sectors.
UHY chair Ladislav Hornan said: “We are delighted Abdul Jabber Certified Accountants and Consultants Office has joined the UHY network extending our coverage and capabilities in the Arabian Peninsula, which plays a critical geopolitical role of the Middle East and the Arab World.
“As a leading producer of oil and natural gas, Saudi Arabia is keen to attract further foreign direct investment supported by the continued diversification efforts focusing on power generation, telecommunications, natural gas exploration, just to name a few. We strongly believe the firm is a very good fit for our network.”
Abdul Jabber managing partner Elsayed Elboussery said: “We expect that being a member of UHY will strengthen our practice and local capabilities providing our current and prospective clients access to leading global assurance, accountancy and business advisors services globally.”
The application of robotics in finance functions is moving faster than predicted. Although, companies are cautious in how they are applying artificial intelligence to ensure results first, many are stepping up their investigations
EU competition commissioner Margrethe Vestager has defended the decision to order technology giant Apple to pay €13bn (£11bn) in back taxes to the Irish government
Carillion has announced the appointment of a new finance director as it reported a rise in first half profits and sales led by strong growth in its support services business
The UK inflation rate hit its highest level in almost two years in July, suggesting that the sharp fall in sterling following the UK referendum to leave the European Union is forcing prices up