Saudi Mawani, KPMG Al Fozan sign deal to achieve financial sustainability

The collaboration aims to activate the business policy to help Mawani become a key player that links the Saudi economy with international markets

  
Image used for illustrative purpose. Container ship in import export and business logistic.

Image used for illustrative purpose. Container ship in import export and business logistic.

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Riyadh – The Saudi Ports Authority (Mawani) and KPMG Al Fozan & Partners on Wednesday signed a contract to renew their partnership.

The collaboration aims to activate the business policy to help Mawani become a key player that links the Saudi economy with international markets, according to an official statement.

Moreover, it will develop Mawani’s currently-in-progress financial action and achieve financial sustainability.

Mawani is working to complete the shift towards business accounting as per the International Financial Reporting Standards (IFRS), the statement noted.

Source: Mubasher

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