Press releases and studies

 

February 11, 2019
A new report published at the World Government Summit reveals how Gulf Cooperation Council (GCC) countries can save almost US$138 billion by 2030 if they adopt a circular economic model, corresponding to nearly 1 percent of the region’s cumulative GDP between 2020 and 2030. The report, developed in collaboration with the World Government Summit and the Ideation...
June 14, 2018
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...
June 5, 2018
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...
October 29, 2017
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 $10.7 billion on sharing economy platforms in 2016, generating an estimated...
October 15, 2017
There have been several incidents around the world, where lives have been lost and property damaged that could have been saved where a faster first response is available.  According to Strategy& (formerly Booz & Company), part of the PwC network, governments and enterprises need broadband communications networks, known as mission critical communications, with...
September 10, 2017
Set to host 65 million youth by 2030, the GCC is set to be very attractive for private investors in the coming years, with the education sector looking especially promising, according to a recent study by management consultancy Strategy& (formerly Booz & Company), part of the PwC network.
August 21, 2017
The food and beverage sector in the GCC is developing, due to consumers’ changing tastes, increased women participation in the workforce and a government push for healthier diets, according to Strategy&, formerly Booz & Company, part of the PwC network. For food and beverage companies, understanding these trends and how they affect consumer purchases can...
July 23, 2017
The market for drones in the GCC is expected to reach US$ 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.
September 25, 2016
Following a period of growth, GCC companies must now focus on capabilities if they want to stay competitive. If not, they risk falling into ‘growth traps’, according to a recent study by management consultancy Strategy&, formerly Booz & Company. Growth traps are situations in which companies that grew quickly by taking advantage of favorable external...
July 18, 2016
GCC countries are facing budgetary problems which could result in long-term deficits if not addressed. While every GCC government has announced spending cuts to conserve budgets, conventional cost-cutting is only a short-term fix and could potentially slow a country’s growth over time, according to a recent study by management consultancy Strategy&, formerly...
May 17, 2016
The Middle East can add $380 billion to regional economic output by bringing the whole region online according to a major new study by Strategy&, formerly Booz & Company and part of the PwC network, on behalf of Facebook. In an environment of low commodity prices and regional instability, the Middle East is changing how it achieves sustainable economic...