Press releases and studies

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...

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...

Gulf Cooperation Council (GCC) countries are investing heavily in state-of-the-art labs, university buildings, and research facilities. Their total capital expenditure from 2010 to 2030 will reach $38.4 billion. However, so far, they have not put similar efforts into high quality research and development, according to a recent study by strategy consulting firm...

National Oil companies (NOCs) must take a holistic approach to the  oil and gas value chain to fuel economic development, according to a recent study by management consultancy Strategy& Middle East (formerly Booz & Company), part of the PwC network. Recent oil price volatility, coupled with an uncertain outlook for global oil and gas markets, is putting...

In the coming 20 years, non-OECD states are projected to spend more than $57 trillion on infrastructure projects, compared to $34 trillion by OECD countries, according to a recent study by management consultancy Strategy& Middle East (formerly Booz & Company), part of the PwC network. In conjunction with this spending, policymakers in non-OECD countries have...

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...

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...

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...

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...

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 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...

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...

Airports and airlines need to work together and exploit synergies wherever possible, according to a recent study by global management consulting firm Strategy& (formerly Booz & Company), part of the PwC network. These partners need to join forces in order to boost revenues, lower costs, improve efficiencies, and enhance the customer experience.

Middle East national oil companies (NOCs) should implement a more robust research and development framework, according to a recent study by management consultancy Strategy& (formerly Booz & Company), part of the PwC network. 

To reduce bureaucracy, GCC companies can use the Bureaucracy Measurement Index (BMI), recently launched by management consultancy Strategy&, formerly Booz & Company. 

GCC countries need to adopt a structured technology adoption framework to overcome current challenges facing their transportation systems, according to a recent study by management consultancy Strategy& (formerly Booz & Company).  

The face of innovation is changing because of a significant shift toward service and software offerings and away from product-based offerings. 

GCC family businesses could maximize the outcomes of their philanthropic efforts by adopting a more impactful approach, according to a recent study by the Ideation Center, the leading think tank for management consultancy Strategy& in the Middle East (formerly Booz & Company).

The GCC needs to develop a robust child protection ecosystem, according to a recent study by global management consulting firm Strategy& (formerly Booz & Company). 

Family businesses in the Middle East and North Africa (MENA) region are facing challenges to development, according to a recent study by management consultancy Strategy& (formerly Booz & Company.)

GCC airlines should transform their distribution business models and how they sell to customers, according to a recent study by management consultancy Strategy& (formerly Booz & Company), part of the PwC network.

Maintaining the GCC’s low gas prices, which are set considerably below international prices, is unsustainable and will create significant problems for the region in the future, according to a recent study by management consultancy Strategy&, formerly Booz & Company, part of the PwC network. 

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...

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...

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...

21% of the 62 largest listed Middle East corporates saw a new CEO take the helm with Saudi Arabia at a very rate of 38,5% in 2015

Many companies in the Middle East set ambitions and develop strategies that are stretching their organizations’ capabilities to the limit

Middle East Ranks 9th Overall of 19 in Global Omnichannel Retail Index Middle East Ranks 5th of 19 in Grocery, Apparel and Footwear Segments Middle East has high growth potential in omnichannel market

Construction companies that operate in the Middle East face a range of challenges that grow more complex every year. Low oil prices and geopolitical issues have caught them by surprise. To get through this more complex business environment, they must have leaner operations and improve their management capabilities. In particular, they should take a structured approach...

Autonomous trucks, driverless vehicles that operate independently, are an emerging technology with significant potential benefits for GCC countries, according to a recent study by management consultancy Strategy& (formerly Booz & Co.).