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It gets exceedingly hot in Riyadh in the summer, with the mercury rarely below 40 degrees Celsius, but that does not deter Moazam Shah from going for his evening run around the residential compound he lives in with his family.

After six years in the Kingdom of Saudi Arabia, Pakistani national Shah has acclimatised to exercising in extreme heat: “It’s a time for myself, to catch up on my thoughts,” he told Accounting & Business at the Ritz-Carlton Hotel in Manama, Bahrain.…

Saudi Arabia has approached international financial markets for the first time since 1991 to raise funds due to a burgeoning government deficit in the wake of lower oil prices. The April move was followed by the launch from Deputy Crown Prince Mohammed bin Salman of a ‘Vision 2030’ programme to diversify the kingdom’s economy from hydrocarbons, possibly as soon as 2020.…

INDONESIAN consumers are becoming increasingly brand-savvy as their incomes surge, driving up the country’s body care product market. As of 2015, this retail segment generated USD169.41 million in sales, and is expected to reach USD245.09 million by 2020, according to Ghina Romani, a researcher with the London-based market intelligence company Canadean.…

Argentina’s automotive industry is poised for a rebound in 2017 after production slumped by 38% over the past four years, say experts encouraged by the performance of the country’s new government.

“We see Argentina’s car market turning the corner now,” said Neil King, the London-based head of automotive research at Euromonitor International, a research firm.…

Russian automotive consumers suffering in their country’s current economic recession are delaying vehicle purchases and investing in single, more expensive family cars rather than buy several small cars for individual use, experts have told wardsauto.

They are commenting on data that has confounded predictions that the country’s volatile financial situation would mean a return to purchasing cheaper and smaller car models, such as the Ladas driven during the Communist years.…

Demand for milk is outstripping domestic supply in Egypt, the most populous market in the Middle East and North Africa. The sector has been growing at more than 10% a year as Egypt – whose population is at least 82 million – consume more dairy products, especially milk and yoghurt.…

Fraud investigation has come a long way since the days when police launched dawn raids on suspect premises, driving criminals to flush away paper evidence down the toilet. We have technology to thank for that.

Advances in information handling have radically changed the ways in which big companies guard their financial records and the methods used by fraudsters to overcome them.  …

Fraud investigation has come a long way since the days when police launched dawn raids on suspect premises, driving criminals to flush away paper evidence down the toilet. We have technology to thank for that.

Advances in information handling have radically changed the ways in which big companies guard their financial records and the methods used by fraudsters to overcome them.  …

Limiting an agreement on the controversial Transatlantic Trade & Investment Partnership (TTIP) to cutting tariffs will not suffice, and could have negative consequences for some segments, major food manufacturers and their representatives in the European Union (EU) and United States have told just-food.com.…

AS accountants, auditors and their business clients consider whether the UK should remain in or leave the European Union (EU) in the upcoming referendum on British EU membership, it has become abundantly clear that there are no simple options.

Remaining in the EU will mean the UK will continue to face demands for accepting European taxation policies that its government and businesses may find unpalatable, especially as it seeks to cement the City of London’s place as Europe’s, if not the world’s, premier financial centre.…