Tag Archives: Boston Consulting Group (BCG)

The UAE’s Net Wealth Hits Record High, Reaching $3.12 Trillion in 2024

  • Between 2023 and 2024, the UAE’s financial wealth grew by 9.5%, rising from $1.05 trillion to $1.15 trillion.
  • Real assets saw an even stronger increase of 10.2%, reaching $2.18 trillion in 2024 from $1.98 trillion in 2023.
  • Liabilities rose by 9.8%, from $188 billion in 2023 to $207 billion in 2024.
  • BCG projects investable wealth to rise from $942 billion in 2024 to $1.34 trillion by 2029, growing at a CAGR of 7.2%.
  • Most firms today rely on market performance, M&A, and advisor recruitment to capture revenue; however, they must have the ability to innovate and build internal capabilities to outperform peers.

Dubai 15 December 2025 – The UAE’s financial wealth grew by 9.5% between 2023 to 2024, rising from $1.05 trillion to $1.15 trillion. Real assets experienced a 10.2% increase, reaching $2.18 trillion from $1.98 trillion, with projected growth to $3.21 trillion by 2029. In parallel, liabilities rose by 9.8% to $207 billion in 2024, showing steady and balanced financial growth.

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Middle East Emerging as a Key AI Data Center Nexus, Finds New BCG Report Launched at MWC Doha 2025

  • New BCG report reveals Qatar, UAE, and KSA are rapidly emerging as a global nexus for AI data center investment and innovation.
  • Region benefits from up to 50% lower leasing rates, fast-track development, scalable power ecosystems, and advanced cooling systems.
  • Report launched on the sidelines of MWC Doha 2025, reinforcing BCG’s commitment to regional digital transformation.

Thibault Werle, Managing Director & Partner, BCG

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UAE Leading $18B Middle East Space Market Growth, BCG Report

The UAE holds 40-45% market share as regional space economy shows strong 5% CAGR trajectory through 2033.

Middle East, September 17, 2025 – The Middle East and Africa (MEA) space market is valued at USD 18 billion, according to a new report from Boston Consulting Group (BCG) titled Governments in Space: A universe of opportunities. The UAE, Saudi Arabia, and Qatar represent the core of the region’s civil space investments – each contributing actively to the GCC’s emergence as a hub for space innovation and ambition.  

Faisal_Hamady, Managing Director & Partner_BCG

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BCG Launches Jeel Tamooh 7th Edition, Empowering Saudi Arabia’s Future Leaders to Shape a Better Tomorrow

Building a diverse, inclusive, and resilient workforce, reinforcing the Kingdom’s commitment to global talent excellence and national workforce development

Riyadh, May 14, 2025 – Boston Consulting Group (BCG) is excited to launch the 7th edition of Jeel Tamooh, a leadership development program to empower Saudi Arabia’s next generation of leaders. This year, over 150 students from top universities across the Kingdom will take part in a six-month program designed to provide them with the skills and insights needed to lead in a rapidly evolving world. The program will focus on key sectors such as innovation, sustainability, fintech, and economic development.

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49% of GCC Organizations Champion Digital Maturity Potential, Driving the Region’s AI-Powered Growth

  • 47 % of organizations in the GCC leverage AI for value-creation, with a significant portion embedding it into core business functions to generate measurable value.
  • The GCC public sector outpaces global peers in digital and AI readiness, driven by ambitious government initiatives and successful digital rehauls since 2021.
  • Future-built organizations in the GCC achieve significant competitive advantages, including 2.1x higher market share over peers.
  • While 25% of GCC organizations have reached the top two stages of digital & AI maturity—compared to 31% globally—challenges remain in driving organization-wide AI transformations.

Dubai, UAE, February 3, 2025—Boston Consulting Group (BCG) has unveiled its latest report, Unlocking Potential: Strategies Driving GCC’s Digital & AI Maturity. The study reveals how organizations in Qatar, Saudi Arabia, and the United Arab Emirates leverage digital and AI strategies to accelerate transformation. The findings demonstrate that organizations with mature digital and AI capabilities achieve substantially higher revenue and enterprise value.

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