KPMG MESA region witnesses 6th consecutive year of double-digit growth

 Becomes one of the fastest growing sub-regions in the KPMG network

Reyaz Mihular, KPMG

Reyaz Mihular, KPMG

Dubai: The aggregated revenue of KPMG member firms in the Middle East & South Asia (MESA) region grew by 11.6% in local currency terms for the fiscal year ended 30 September 2019, marking the sixth consecutive year of double-digit growth.

The region’s workforce grew to a record high of over 8,000 professionals and associates with more than 2,200 new hires in the year. These milestones contributed to placing MESA among the fastest growing sub-regions in the KPMG network.

Reyaz Mihular, Chairman of KPMG MESA, said: “As we strive to create sustainable value for clients, we are embracing change and collaborating as a region. This emphasis is reflected in the latest propositions that we intend to bring to the market and also in milestone projects being delivered within the region. A strong emphasis is placed on the pillars of trust and quality which we foresee as pivotal, and also in embedding technology into all core functions.”

He added: “I am particularly excited with our initiatives that aim to drive greater engagement with millennials who now constitute over half of the region’s talent pool, and with the innovative new office spaces being established across the region to completely redefine our people and client experience”.

Transformation continues to remain a priority for governments in the MESA region with a view to diversifying their economies, creating wider opportunities and propelling economic growth. KPMG is witnessing innovation particularly in the technology space, in areas such as artificial intelligence, augmented reality, autonomous vehicles and drones, data analytics, cloud computing and blockchain, which are reshaping business models across industries globally and regionally.

KPMG member firms are working alongside companies in the MESA region, supporting them with the introduction of digital models to assist in tapping next generation consumers and better positioning them for the future. The KPMG MESA region spans 14 countries and territories, and covers over 30 office locations.


About KPMG International

KPMG is a global network of professional services firms providing Audit, Tax and Advisory services. We operate in 147 countries and territories and have 219,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.

The financial information set forth represents combined information of the separate KPMG member firms that perform professional services for clients. The information is combined here solely for presentation purposes.

KPMG International performs no services for clients nor, concomitantly, generates any client revenue. Headcount figures are expressed as FTE (full-time equivalent) and are based on average headcount for the financial year.

Press contacts for KPMG Lower Gulf:

BPG Orange
Mara Carpencu
+971 4 506 5563
Dharti Chatterjee
+971 4 506 5561 

© Press Release 2019

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

More From Press Releases