Friday 30 September 2016
 
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UAE, Oman lead the world in well-being scores

While UAE leads the world in income, employment, education, infrastructure, civil society, governance and environment, Oman claims the global top rank for economic stability, health, civil society, governance and environment, a report said.

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Payment solutions account for 40pc of fintech in GCC

Payment solutions account for approximately 40 per cent of all financial technology (fintech) business in the GCC, said a new report by The Boston Consulting Group (BCG), a global management consulting firm. fintech companies in t

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Assets under management in ME fell 10pc last year

Growth in assets under management (AuM) declined 10 per cent in the Middle East by 10 per cent during 2015 with net new flows of assets, revenue growth, and revenue margins all dipping lower, a report said. The global growth of as

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Five GCC firms on BCG’s '100 Global Challengers' list

A total of five companies from the GCC and one from the Middle East have been highlighted on a list of 100 companies from emerging markets that have showcased stability, growth and development, according to a new study by The Boston Consulting G

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BCG launches analyst programme in Saudi

The Boston Consulting Group (BCG), a global management consulting firm, has inaugurated a year-long business analyst programme in Saudi Arabia. The initiative is especially designed to help nurture young Saudi talents and equip th

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Private wealth in Oman on track to hit $400bn

By 2020, private wealth in Oman will rise from $0.3 trillion to $0.4 trillion, according to a new report by The Boston Consulting Group (BCG). In the next five years, the growth of private wealth in Oman will be driven primarily b

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ME companies losing out on spin-off advantages

Globally, one of the big trends in the increasingly active market for corporate transactions has been the growing popularity of one particular type of transaction: the spin-off. Unlike selling a business to another company for cas

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GCC banks revenue growth back to single-digit in 2015

The banking industry in the GCC grew at a lower rate in 2015 than it did in 2014 with just a 7.2 per cent increase, stemming almost exclusively from major customer segments such as retail and corporate banking, a report said. Base

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Private investment in education tech ‘sparse’

Out of the approximately 3,200 education companies around the world that received private education technology (ed-tech) investments since 2011, only 12 were based in the Middle East, a report said. Private investment in ed-tech f

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BCG Mideast's Energy practice appoints new MD

BCG Middle East's Energy practice has appointed Mirko Rubeis as its partner and managing director effective immediately.   As part of his new role, Rubeis will be the driving force behind key specialty areas

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