“Strategies include increasing regional trade, establishing joint ventures or local subsidiaries in more markets, and capitalising on trends in consumer demands and digital technologies.”
Deloitte compares the centres based on business environment, provider capability, stability, and tax and regulation.
The countries that registered the biggest declines in cash remittances were Saudi Arabia, United Arab Emirates, Qatar, and the United States.
Apicorp’s report also finds that the renewable energy drive in the region is led by the UAE, Morocco, and Jordan
Despite Recent Revenue Uptick, Continuing Migration to Digital Services and Business Models Is Pressuring Banks to Be More Client Centric, Attract Fresh Talent, and Become More Agile, Says Report by The Boston Consulting Group