Press releases and studies

A joint study conducted by the Ideation Center at Strategy& (formerly Booz & Company), part of the PwC network, and Endeavor, an organization pioneering the concept of high-impact entrepreneurship in growth markets around the world, finds that the public and private sectors in the Middle East and North Africa (MENA) have been successfully fostering the development of small and medium-sized enterprises (SMEs), but are missing a significant opportunity to accelerate economic growth.

As the GCC countries pursue economic diversification and sustainable growth plans, the need to digitize the freight transportation and logistics industry (T&L) is becoming increasingly important. At present, the T&L industry in the GCC, which is one of the key drivers of economic activity in the region, faces a combined threat of declining business revenue and outdated infrastructure, according to a recent study by management consultancy Strategy& Middle East (formerly Booz & Company), part of the PwC network.

Traditionally in the GCC, owning large pieces of land has been a means of safeguarding wealth for both governments and the private sector. However, these lands often lie dormant and unexploited. According to management consultancy Strategy& (formerly Booz & Company), part of the PwC network, recent growing economic pressure calls for a new approach in order to unlock these lands’ true value.

The Gulf Cooperation Council (GCC) states show great promise for renewable energy deployment, according to a recent study by management consultancy Strategy& Middle East (formerly Booz & Company), part of the PwC network. To unlock this potential, GCC governments must develop a carefully planned framework and make careful decisions. The transition to a modern, renewables-based energy system is fraught with risk if governments take an ad hoc approach. Instead, they must act quickly and deliberately.

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.