Dubai witnesses green transit revolution
Dubai is actively implementing climate adaptation strategies and technologies in transportation and infrastructure to mitigate climate change effects and enhance the city's resilience.Manufacturers struggle to meet AI-related goals, says new white paper
DUBAI, UAE -- Despite many manufacturers integrating AI into their operations, a significant number of them face challenges in meeting their AI-related goals, highlights a recent white paper published by the World Economic Forum in collaboration with Boston Consulting Group.“This is primarily due to inadequate organizational and technological foundations,” adds...UAE’s financial wealth to reach $1.3trn by 2027
Abu Dhabi, UAE - The financial wealth of United Arab Emirates (UAE) is anticipated to experience a Compound Annual Growth Rate (CAGR) of 5.5%, rising from $1 trillion to $1.3 trillion from 2022 to 2027, according to a new report by Boston Consulting Group (BCG). The BCG report, titled ‘Global...More Middle Eastern firms embrace Responsible AI
A significant 16% of Middle Eastern organizations have fully implemented Responsible AI policies and processes, a latest report highlights.Israel parliament adopts key clause of controversial judicial overhaul
Tel Aviv, Israel - Israel's parliament adopted in a first reading a controversial bill that would limit court powers, in a new offensive to push ahead with a judicial overhaul that has split the nation. The changes, proposed by the hard-right government of Prime Minister Benjamin Netanyahu, have sparked one...AI ‘disrupts economy’ but Middle East optimistic
The Boston Consulting Group survey found that 58 percent of Middle East employees, managers, and leaders believe that AI will have a positive impact on their work.Govt investments play key role as gaming revolution sweeps MENA with 60% population embracing esports
MENA region boasts one of the highest shares of gaming mobile app downloads, accounting for 50 percent compared to the global average of 40 percent, says a latest BCG report.Luxury markets embrace sustainability
The luxury markets in the GCC region are experiencing significant growth, driven by an increasing demand for high-end products. Despite challenges such as the pandemic, inflation, and banking crises, individuals in the region are investing in luxury items like watches and jewelry due to their potential for future price appreciation....UAE, Saudi Arabia lead GCC in job outsourcing
The latest developments are generating substantial growth opportunities for both local and international service providers in the outsourcing market, a report points out.Resilience and positivity key to success
There is a need to address workplace gender equality issues and empower women in leadership roles and men play a vital role in achieving gender parity, adds Leila, an advocate for gender diversity and inclusivity.Middle East children are at grave risk in cyberworld
Across the region, parents struggle to shield children from unsavory elements prowling the cyber world, as risks grow with the spread of the internet.GCC needs US$60-85bn for sustainable waste management: study
It will take $60-85 billion for the GCC to put in place a modern recycling system for waste management, according to a study carried out by Boston Consulting Group (BCG) and the World Business Council for Sustainable Development (WBCSD).Some 72% children fall victim to online threats globally: report
These were the findings of a report from Boston Consulting Group (BCG) and the Global Cybersecurity Forum (GCF), based on a global survey of 41,000 parents and children online in 6 regions and 24 countries.AI set to play key role in fight against climate change
Most of the public and private sector leaders believe that Artificial Intelligence is a valuable asset in fight against climate change but insufficient expertize remains a challenge.Surging ecommerce boon for GCC businesses
A rising number of tech-savvy millennials, 60 percent of whom shop online, is one of the most important factors responsible for the rising ecommerce sales.Smartphones, net speed fuel Saudi ecommerce boom
Pablo Martinez, Managing Director and Senior Partner at the Boston Consulting Group, sheds light on what lies ahead for the sector in the kingdom.UAE payments industry expected to reach $14 billion by 2030
The UAE's payments industry, like several other countries in the world, suffered an impact far less severe than initially anticipated due to the Covid-19 pandemic, rising by 17 percent to $8.4 billion from 2015 to 2020, a report has said. The Boston Consulting Group (BCG) report, "Global Payments 2021: All...



















