Tag Archives: Boston Consulting Group

UAE Payments Revenues Expected to Reach $18.7 billion By 2031

UAE Payments Revenues Expected to Reach $18.7 billion By 2031

 
The CAGR of the UAE’s overall payments revenue is forecasted to be at 7.7% from 2021 – 2031, while the region is expected to grow by 9.3% within the same period.

Dubai, October 18, 2022— Payment revenues in the United Arab Emirates (UAE) are expected to reach $18.7 billion by 2031 according to the new report by Boston Consulting Group (BCG), titled “Global Payments 2022: The New Growth Game.”

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Up to $85 billion needed in investments to achieve sustainable waste management in the GCC

Up to $85 billion needed in investments to achieve sustainable waste management in the GCC

A joint WBCSD-BCG study highlights key value streams in the GCC to achieve a circular economy by 2040

Dubai, UAE October 3 2022: With the expansion of GCC urban areas, municipalities in the GCC are challenged to handle the ever-increasing waste generation through the existing landfill strategies. However, many GCC countries are already investing to improve their waste management, with deals soaring in volume and value in 2019, according to a new report by Boston Consulting Group (BCG) in collaboration with the World Business Council for Sustainable Development (WBCSD). The report, titled “Recycling in the GCC: Securing Valuable Resources for a Sustainable Future”, finds that securing finite resources for future generations and minimizing environmental impact will depend on further increasing waste collection and recycling targets globally as well as across the GCC.

Continue reading Up to $85 billion needed in investments to achieve sustainable waste management in the GCC

Dubai ranks among top global hubs for talent &innovation

Dubai ranks among top global hubs for talent &innovation


The Digital Revolution is creating enormous opportunities for cities and nations to unleash new sources of innovation-led growth. BCG identified big data and analytics as well as artificial intelligence as the hottest fields for relocators in Dubai.

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UAE’s financial wealth to grow by 6.7% annually, reaching USD 1 trillion by 2026

UAE’s financial wealth to grow by 6.7% annually, reachingUSD 1 trillion by 2026

  • A new BCG report expects that theUAE’sfinancial wealth will risefrom USD 0.7 trillion in 2021 to a high of USD 1 trillion in 2026
  • Equities & investment funds are the largest asset class in the UAE and makeup 64% of total personal wealth in 2021, carrying the fastest expected growth estimated at an 8.8% Compound Annual Growth Rate.
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National Oil Companies Must Look Towards New Operating Model For A Decarbonized Future

National Oil Companies Must Look Towards New Operating Model For A Decarbonized Future

Dubai, July4, 2022: National Oil Companies (NOCs) need to rethink their operating model and clearly link it with their strategic objectives to deliver the expected future production, cost, and greenhouse gas reduction impacts. The new BCG report entitled ‘The Future Operating Model for National Oil Companies”, observed a clear value of implementing lean operating models, as they can deliver 30-40% efficiency gains across the whole O&G upstream value chain. This includes levers such as applying deeper resolution reservoir models and linking them with production optimization that can result in a 4-6% increase in well production and 80% shorter cycle time in early design and evaluation.

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