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PwC acknowledged recent job cuts across its UK, Middle East and Channel Islands businesses in its financial results published on 17 September

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PwC has cut hundreds of jobs from its Middle East business, after a ban by Saudi Arabia’s sovereign wealth fund slowed its growth in the region.

The Big Four accountancy firm has axed about 1,500 staff in the Middle East, including 60 partners. It began to cut jobs in February when Saudi Arabia’s Public Investment Fund banned PwC from consulting and advisory contracts, the 

The cost-cutting drive comes after the Big Four accountancy firm’s ban by Saudi Arabia’s sovereign wealth fund

Zoe Hu

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PwC cuts 1,500 jobs in Middle East

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