Riyadh – The Saudi Ports Authority (Mawani) and KPMG Al Fozan & Partners on Wednesday signed a contract to renew their partnership.

The collaboration aims to activate the business policy to help Mawani become a key player that links the Saudi economy with international markets, according to an official statement.

Moreover, it will develop Mawani’s currently-in-progress financial action and achieve financial sustainability.

Mawani is working to complete the shift towards business accounting as per the International Financial Reporting Standards (IFRS), the statement noted.

Source: Mubasher

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