INTERNATIONAL. In its latest monthly Global Focus, Standard Chartered predicts there will be no sharp upturn in the current US recession and it will have a global impact. The rest of world may be better insulated, but not decoupled, and as risk aversion mounts, countries with current account deficits will see their currencies under pressure.The big story that is set to continue to unfold over coming months, and indeed years, is how the balance of global economic and financial power is shifting, from West to East. But three issues currently stand out. First, how severe will be th
Posted: March 30, 2017
UAE. The region witnessed a record year in sovereign bond issuance eclipsing a sluggish IPO performance, according to PwC's Capital Markets and Accounting Advisory Services team.
Posted: March 29, 2017
UAE. A recent study by The Boston Consulting Group found that, in 2016, GCC banks' revenues grew by 5.2%, down about 2 percentage points from 2015; The impact of the decline in oil prices has hit the banking industry; Profits declined by 3.2% for the first time since 2008.
Posted: March 27, 2017
UAE. PwC issues new report jointly with the Global Manufacturing & Industrialisation Summit; The report outlines a roadmap for CIOs to manage the transformation of industrial companies to successfully adopt IIoT; Devising a digital strategy is key for manufacturers
Posted: March 27, 2017
UAE. The strongest growth rate for 2014-2015 in the region was led by Saudi Arabia and the UAE, according to a new report from The Boston Consulting Group.
Posted: March 23, 2017
UAE. New report discusses the growth prospects for private sector players across six focus sectors, including agriculture, the social sector (includes health & education), manufacturing, retail, financial services and connectivity (covering transport & communication).
Posted: March 20, 2017
UAE. The Private equity industry continues to post strong returns and attract investors, but a new article by The Boston Consulting Group argues that PE firms will need to take decisive actions to capitalize on this golden age.
Posted: March 15, 2017
UAE. Study reveals most organizations take additional precautions to secure IIoT.
Posted: March 14, 2017
UAE. The industry continues to blur the boundaries of innovation, and reshape how operators, media players and tech companies collaborate and interact in an increasingly integrated market place.
Posted: March 8, 2017
SAUDI ARABIA. M&A deal volumes set to recover in 2017 following two challenging years; "Wait-and-see" approach to deal-making replaced by focussed and targeted execution; Foreign and private equity investors driving Saudi M&A activity.
Posted: March 2, 2017
UAE. Aging population and chronic disease among drivers of increasing demand and spending; Cost, care delivery, and innovation among top considerations for stakeholders
Posted: March 1, 2017
UAE. Blockchain-related interest and investment have reached critical mass, PwC expert says ahead of the World Blockchain Forum 2017 in Dubai; Is more resilient to cyberattacks, a major area of concern for Middle East. firms
Posted: February 27, 2017
UAE. Significant engagement gaps found in key areas, including mentorship, appreciation, and cooperation with colleagues, according to a new report by The Boston Consulting Group.
Posted: February 23, 2017
INTERNATIONAL. Despite its starring role in business and everyday life, many economists openly question whether technology is visible in traditional economic metrics such as GDP, productivity, and corporate profits.
Posted: December 30, 2016
UAE. Booz Allen Hamilton forecasts energy trends in 2017; In the oil and gas industry, as well as in electric power, major internal and external forces are driving change, requiring industry leaders to revisit strategies.
Posted: December 29, 2016
UAE. Consumers now expect omnichannel interactions with luxury brands; Already, six out of ten luxury sales are digitally influenced, says The Boston Consulting Group