KPMG has become the first business entity to join Saudi Arabia-headquartered Digital Cooperation Organisation (DCO), which aims to build a digital economy.
As per the news, KPMG will work alongside DCO experts on multinational projects designed to enhance the global digital economy in areas such as digital taxation, cross-border data flows, digital transformation and e-governance.
Global Lead Partner at KPMG Dr Samer Abdallah, said, “KPMG is aligned with the DCO’s mission to promote social prosperity through more inclusive participation to grow the digital economy. We have played an active role in building key strategies, policies and enablers to foster innovation and the digital economy. The digital era we live in brings us opportunities as well as challenges. Digital and innovation are part of our DNA at KPMG, and as part of the DCO ecosystem, we are proud to work together to promote digital prosperity.”
Hassan Nasser, DCO Vice President of International Affairs, said, “The partnership between DCO and KPMG is the latest leap forward for the DCO as we continue to forge partnerships wherever and however they can play an active role in harnessing the power of the digital economy. KPMG is the first professional services observer of the DCO, with international expertise and a vital knowledge partner as we continue our mission to enable digital prosperity for all.”
The DCO is quickly expanding its ecosystem of international collaborators to include leading private sector companies, academic institutions, think tanks, civil society organisations, international organisations and other partners across North America, South America, Europe, Asia and Africa.
DCO was established in 2020 with aim to bring together nations, business, civil society, academics, and R&D institutions to promote social prosperity through more inclusive participation and growth across the digital economy.
DCO has seven founding member nations Bahrain, Jordan, Kuwait, Nigeria, Oman, Pakistan and Saudi Arabia. In July Cyprus was the latest country to join the DCO.
