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The varying effects of digitization on economiesWhile digitization provided a $193 billion boost to world economic output and created six million jobs globally in 2011, the effects of the growing technologies are uneven across countries and sectors, a report said. “Access More… |
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Arab digital generation – a key actor for futureA new generation is emerging in the Middle East and North Africa (Mena) region – those born between 1977 and 1997. This demographic represents 40 percent of the Mena population. A growing More… |
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Local economies ‘not reaping full benefits of growth’Out of the GCC’s current and planned $590 billion oil and gas sector investments only 17 to 20 per cent of the value will be captured by the local economies, said a report by global management consulting firm Booz & Company. I More… |
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Ambitious women ‘will boost GCC outlook’GCC firms that tap into a base of talented national women that is well-educated and eager to join the workforce will get a long-term competitive edge and also assume a key role in shaping the future of women in the region, said an expert. More… |
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Supply chain management 'can help cut hospital costs'Successful hospital supply chain management (SCM) will can help alleviate the rising hospital costs, while helping to improve patient care, experts from Booz & Company revealed. “In the Mena region, healthcare accounted for 3 to 5 perc More… |
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Majority of firms 'lack coherence'A majority of company executives believe their companies lack “coherence” and struggle to set a clear and differentiating strategy, said a recent survey by Booz & Company. Over 64 per cent of the executives said their biggest frustrati More… |
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Active R&D role for private sector soughtThe commercial private sector in the region should be encouraged to become more active in investing in Research and Development, an expert said. ‘As part of their drive to diversify their economic base and build knowledge-based economies, More… |
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Mideast chemicals sector 'faces new challenges'Building on their cost-advantaged feedstock position, Middle East-based chemical companies have built a formidable competitive position in basic petrochemicals. In response to a lack of gas-based feedstock and government policies to create More… |
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Companies urged to concentrate on capabilitiesCompanies that concentrate on their capabilities rather than just follow what they think the market demands tend to reap outsized returns, according to a report by management consultants Booz & Company. Generally, strategy development More… |
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Key role for ME private equity firmsIn order to take advantage of Middle East opportunities this year and beyond, private equity firms must act as active owners. They have to provide more support to their portfolio companies, helping with strategic and market positioning, f More… |
