World Governments Summit in partnership with Strategy& Middle East: A new way to measure productivity highlights the GCC’s potential to boost GDP by $2.5 trillion over the next decade

• Research also suggests GCC can accelerate GDP growth from 3.8% to 5.4% over the next decade

UAE, 14 February 2024: The World Governments Summit is launching a report entitled “In Search of Productivity: The Next $50 Trillion in the Global Economy” in partnership with Strategy& Middle East, part of the PwC network. The report introduces a new way of measuring productivity that includes dimensions critical for our age, such as environmental impact, health, innovation, and the quality of institutions. The report uses this new framework to estimate the potential upside to the GDP of Gulf Cooperation Council economies if they can improve on their weakest determinant of their productivity performance.

Strategy& Middle East commits to Qatar’s future growth by expanding its senior presence in Doha 

Doha, Qatar, 27 November 2023: Strategy& Middle East, a member of the PwC network, has expanded its senior presence in Qatar as part of its plans to support the nation’s flourishing business community and contribute to the Qatar National Vision 2030.

Strategy& Middle East aims to support a growing portfolio of work in the country, with plans to further expand its operational capabilities and invest in attracting and developing exceptional talent in Qatar over the coming years.

Sustainably developed cultural assets could cut GCC carbon emissions by at least 1.3 million metric tons by 2030

• A new report from Strategy& Middle East suggests that sustainably constructed cultural assets could deliver savings of at least US$14 billion
• GCC-wide cultural investments currently exceed US$100 billion, driving FDI, job creation, and value chain enrichment
• Sustainable cultural assets and events could attract an additional 8 million visits to the region by 2030

Dubai, UAE, October 30, 2023: The GCC region has the potential to cut lifetime carbon emissions by at least 1.3 million metric tons  – equivalent to removing 320,000 cars from roads per year – if the region’s planned cultural assets are developed using sustainable methods and technologies, according to the latest report by Strategy& Middle East, part of the PwC network, titled “A Sustainable and Inclusive Cultural Renaissance for the Middle East.”