Press releases and studies

Report launched at the World Government Summit in Dubai, in conjunction with Strategy& and WPP, focuses on successful global examples that the region can adapt to influence behaviors and meet key national development objectives

The MENA telecom industry is currently pursuing significant growth and expansion within the promising Information and Communications Technologies (ICT) sector, most probably through Mergers and Acquisitions (M&As) to fill their capability gaps.

A recent study by global management consulting firm Strategy& (formerly Booz & Company), part of the PwC network, has highlighted that multinational corporations (MNCs), and their local partners, operating in the Saudi oil-field services and equipment sector must review their strategies and approaches to partnerships in order to continue to thrive.

The GCC can truly benefit from sharing economy platforms by tapping into underexploited human resources and assets, says a study by management consulting firm Strategy& (formerly Booz & Company), part of the PwC network. Based on a survey conducted by Strategy&, GCC consumers spent $10.7 billion on sharing economy platforms in 2016, generating an estimated $1.7 billion in revenues for these platforms.

There have been several incidents around the world, where lives have been lost and property damaged that could have been saved where a faster first response is available.  According to Strategy& (formerly Booz & Company), part of the PwC network, governments and enterprises need broadband communications networks, known as mission critical communications, with a high degree of reliability, accessibility and security to ensure fast and effective response times to such events.

A joint study conducted by the Ideation Center at Strategy&, part of the PwC network, together with LinkedIn has highlighted that to achieve their ambitious national plans, GCC countries must take leaps of efficiencies that are mainly enabled through digitization. To do so, they need to build an adaptable and skilled digital workforce.

Set to host 65 million youth by 2030, the GCC is set to be very attractive for private investors in the coming years, with the education sector looking especially promising, according to a recent study by management consultancy Strategy& (formerly Booz & Company), part of the PwC network.

The food and beverage sector in the GCC is developing, due to consumers’ changing tastes, increased women participation in the workforce and a government push for healthier diets, according to Strategy&, formerly Booz & Company, part of the PwC network. For food and beverage companies, understanding these trends and how they affect consumer purchases can help unlock growth. 

The market for drones in the GCC is expected to reach US$ 1.5 billion by 2022, presenting a massive opportunity for regional telecom operators, according to Strategy&, formerly Booz & Company, and part of the PwC network. By leveraging their capabilities and resources, these companies can play a central role in the development of the regional drone industry.

GCC economies have been growing fast, incomes have been rising and new infrastructure projects are underway. The business sector is flourishing, and e-commerce industry and the wider sharing economy are gaining momentum. According to a recent study conducted by management consultancy Strategy& (formerly Booz & Company), these developments will directly impact efforts required to protect consumers against fraud, and consequently should be addressed.