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Economy news in the Middle East
An overview of news, trends and research in the category Economy in the Middle East:
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No news found.
Shifting GCC’s approach to attracting foreign direct investment
Government-backed effort to increase foreign direct investment (FDI) across GCC economies remain limited in their effectiveness – further hindered by a global investment dip since Covid-19.
19 July 2021
MENA’s digital economy surging ahead to $100 billion barrier
MENA’s consumer digital economy is set to double in the coming three years to reach $100 billion, according to a new report by RedSeer.
05 July 2021
Hana Abu Kharmeh: ‘Emiratisation isn’t just a tick box exercise’
Emiratisation is one of the most important economic values of the UAE’s long-term vision, aimed at increasing the number of Emiratis in the job market and their contribution to the economy.
27 May 2021
The human and economic cost of a decade-long war in Syria
Around 600,000 people – 55,000 of them children – have been lost to a decade of war in Syria.
26 March 2021
PwC CEO survey: Middle East has most positive post-pandemic outlook
Professional services firm PwC’s latest global CEO survey has found that Middle East leaders are particularly optimistic for medium-term growth, with substantial investments in digital transformation
24 March 2021
Number of ultra rich in Middle East to boom in coming years
Global real estate consultancy Knight Frank has issued the latest edition of its Wealth Report, with the number of wealthy individuals in the Middle East region tipped to strongly rebound after slidi
24 March 2021
Water crisis could cost the Middle East 6% of GDP by 2025
Lack of adequate water management could cost the Middle East up to 6% of its GDP by 2050, according to a new Oliver Wyman report. The region is engaged in active efforts to avoid this scenario.
11 December 2020
The next steps for Saudi Arabia's sovereign Public Investment Fund
The Public Investment Fund (PIF) was established in 1971 as the sovereign wealth fund of the Kingdom of Saudi Arabia.
11 November 2020
Most Middle East CFOs still in cost cutting and mitigation mode
CFOs across the Middle East don’t expect things to normalise any time before the latter half of next year, according to a new Deloitte survey.
04 November 2020
Social enterprises can drive inclusive growth in Saudi's economy
Building a thriving social enterprise sector could add 2.5% to Saudi Arabia’s GDP each year, according to new analysis from Strategy&.
19 October 2020
Turkey turns to BCG to help boost US economic trade
The Government of Turkey has been working with Boston Consulting Group to realise a major bilateral trade deal with the US.
12 August 2020
Nine strategic imperatives for a better future in Saudi Arabia
In a new study by Al Aghar and Kearney, the report’s authors highlight that Saudi Arabia has the potential to emerge stronger from the current crisis, ultimately providing its businesses and people w
10 August 2020
How are ME private sector leaders faring amid Covid-19?
Nearly 8 in 10 business leaders in the Middle East have been able to preserve business continuity and build enterprise resilience during the Covid-19 pandemic, according to a survey from Sia Partners
04 August 2020
Lebanon calls in trio of leading management consulting firms
The Lebanese government has hired a trio of leading management consulting firms to audit the country’s embattled central bank.
22 July 2020
UAE now belongs to the world's 20 top economies for FDI
Targeted government initiatives to promote a business friendly environment appear to be paying off in the UAE, as the country makes an entry into the top 20 on Kearney’s latest Foreign Direct Investe
16 July 2020
Palladium's managing partner on strategic priorities for Kuwait's economy
In a speech for the Kuwait Foundation for the Advancement of Sciences (KFAS), the CEO of Palladium Jose Maria Ortiz outlines what he believes are five strategic priorities for Kuwait to rebound stron
13 July 2020
Lebanon’s unemployment rate surges past 30% amid meltdown
Against a backdrop of what is the country’s worst economic crisis in history, Lebanon’s unemployment rate has surged past the 30% mark, according to the latest estimates from a Lebanese consulting fi
30 June 2020
Middle East CFO sentiment continues its slide as Covid-19 bites
The sentiment of Chief Financial Officers (CFOs) in the Middle East continue to slide, according to PwC’s latest CFO Pulse Survey, which sheds light on how financial leaders in the region are absorbi
17 June 2020
Women in the Middle East will soon hold $1 trillion in wealth
Women in countries across the Middle East are getting wealthier.
16 June 2020
Out of options, Lebanon turns to IMF to save its economy
After months of fierce debate and postponement, Lebanon’s crippled government has run out of options, pressing officials to deliver its much awaited rescue plan for its crisis-hit economy.
04 May 2020
Iran-based consultant Amir NikKhah reviews the Chinese response to coronavirus
In a special guest article for Consultancy-me.
23 April 2020
Oliver Wyman warns of coronavirus hit to banking in Middle East
Management consultancy Oliver Wyman has warned of the impact of coronavirus on banks, which will have a bearing on corporate and personal finance in Dubai and the Middle East.
16 March 2020
Saudi Arabia's commitment to BEPS will shore up investor confidence
Wadiah Abu Nasr, Head of Tax for Saudi Arabia and the Levant region at KPMG, reflects on how Saudi Arabia’s commitment to BEPS will shore up (international) investor confidence.
10 February 2020
GCC still lagging when it comes to converting wealth to well-being
Boston Consulting Group has highlighted the global standing of the GCC in a number of dimensions on its latest Sustainable Economic Development rankings, but converting wealth to well-being remains a
23 September 2019
Oxford Economics expands UAE operations amid positive outlook
Research and analysis consultancy Oxford Economics has expanded its UAE operations – citing its own positive economic outlook for the country.
20 September 2019
Key sectors highlighted as Turkey and US seek $100 billion in trade
A new report from BCG has identified eight key sectors of focus for Turkey as it seeks to increase its bilateral trade relations with the US.
22 August 2019
UAE on the up in global KPMG economic growth prospects index
The United Arab Emirates has improved its ranking in KPMG’s annual growth indicators report, closing in on the top 20 countries worldwide.
29 July 2019
Jordan needs to transform into a knowledge economy, says TAG-Org founder
09 May 2019
How taxation can plug a $2 trillion blackhole in the budgets of the GCC
The states of the GCC could require an extra $2 trillion to rebalance the budget by 2030 according to a new Oliver Wyman report on the future of taxation in the region.
06 May 2019
Oxford Business Group appoints new directors for Bahrain and Oman
21 March 2019
PwC predicts Middle East 2019 economic pick-up despite oil slump
PwC has tipped a strong year ahead for the Middle East economy – despite the recent oil slump.
12 February 2019
Middle East at critical turning point says A.T. Kearney think-tank boss
This Middle East has arrived at critical turning point this year according to A.T. Kearney think-tank leader Rudolph Lohmeyer.
11 February 2019
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