FINANCIAL NEWS

Deloitte to further invest in ME

18 Jun 2012

(MENAFN) Accounting giant Deloitte Touche Tohmatsu (Deloitte) unveiled plans to invest further USD750 million in strategic markets over the next three years, focusing on the Middle East region, Trade Arabia reported.

The leading tax and financial advisory services firm said it will invest in 11 “strategic markets”, including countries in Europe, the Middle East and Latin America.

More than USD250 million of the total investment will be concentrated on markets in Europe and the Middle East.

The new investment is a continuation of the prior three-year strategic market investment program (FY10-12), which totaled USD500 million, Deloitte said.

The investment program aims to expand client service and industry capabilities in the designated markets, such as the Middle East, to bolster the hiring and deployment of top talent, and cultivate innovative new services and multidisciplinary offerings, said the company.

The move supports the Deloitte member firm network’s “As One” global strategy, which enhances the network’s ability to seamlessly deliver world-class services across borders, while leveraging the market-focused accountability of its member firm structure, CEO Barry Salzberg said.

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