Treasury Priorities for Multinational Corporations - Middle East and Africa

Treasury Priorities for Multinational Corporations | 9 Key Treasury Hubs A closer look at the geographical distribution of survey respondents reveals key concentration centers for treasury professionals, with distinct hubs emerging for both single-country and multi-country mandates across the Middle East and Africa. International Treasury Hubs • Middle East and Africa (MEA) Scope: For roles with a broad MEA-wide scope, the UAE is the dominant hub, with South Africa and Egypt also serving as key centers. • Middle East and North Africa (MENA) Scope: The UAE is also the primary hub for MENA- focused roles, followed by Egypt, Algeria, and Lebanon. • Global Scope: For treasurers with a global mandate, the UAE and the Israel are the top concentration centers. • Middle East (ME) Focus: For roles specifically covering the Middle East, the UAE and Jordan are the top concentration centers. • Africa Focus: For treasury roles with an Africa- wide scope, the primary hubs are South Africa, Kenya, Egypt, and Nigeria. • North Africa Focus: The key hubs for North Africa-focused roles are Morocco, followed by Tunisia and Algeria. • Sub-Saharan Africa (SSA) Focus: South Africa is the primary hub for treasurers with an SSA scope, followed by Kenya. • East Africa Focus: Treasury roles for East Africa are predominantly based in Kenya. • West and Central Africa (WCA) Focus: Nigeria is the main hub for treasurers with a WCA scope. • Central Asia Focus: For roles covering Central Asia, Kazakhstan is the primary base. Single-Country Focus A strong concentration of treasury roles with single-country autonomy and local decision- making is visible in Türkiye, Israel, Kazakhstan, and Pakistan. Non-MEA Based Decision-Makers For MEA-focused treasury roles based outside the region, the primary decision-making centers are the United Kingdom and the United States. What are the plans for treasury function in MEA over the next 1-3 years? Not planning any changes More centralization of treasury activity withinMiddle East and Africa (MEA) Centralize Middle East and Africa (MEA) treasury activity outside the region Other Decentralize/moving treasury activities to countries or sub clusters 66% 4% 3% 11% 16% MNCwith no changes planned for treasury function in MEA Decentralized treasury inMEA Centralized treasury inMEA 74% 26%