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After three years under combat operations, the end of Iraq’s war against the Islamic State (ISIS) encourages the country’s reconstructionand economic reformation. As a result of healthy foreign international reserves, limited restrictions on cross-border fund transfers as well as an attractive legal framework that provides greater protection and in...

With an average real GDP growth of 6.4% between FY2026 and FY2030, India is on track to become the world’s third-largest economy by the end of this decade. This growth trajectory will be fueled by robust domestic consumption, a rising working-age population, digital transformation across key sectors, strong capital expenditure, and policy-driven ma...

The macroeconomic outlook for the Middle East is expected to remain modest in 2020, with the expected strengthening of non-oil sectors and increased infrastructure spending in the region. The oil-dependent economies are prioritizing non-oil sectors for economic diversification. Unemployment across the region is expected to fall and remain stable du...

The United Arab Emirates (UAE) is poised for robust economic expansion, with real GDP growth forecast to average 4.7% between 2025 and 2030, outpacing the 2.6% recorded between 2019 and 2024. Population growth is anticipated to stay positive, reaching 12.3 million in 2030 from 11.1 million in 2024, with the share of adult and middle-aged adult and ...

20 Oct 2020  |  South Asia, Middle East & North Africa  |  Market Research

Industry Challenges and Business Model Disruptions Due to COVID-19 in India, 2020

Adopting Technology, Shifting Sales Online, and Strengthening Brand Equity will Enable Companies to Survive in the Post-COVID-19 S

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Like other economies, India has been rendered vulnerable by the COVID-19 crisis. Wholesale and retail trade, transportation and storage, finance and insurance sectors, ICT services, and food and nutrition, have all been affected. However, it is not that everyone and everything is capsizing. Some sectors in India have made gains, and exciting opp...

The Indian tourism market is fast-growing with immense potential due to the country’s rich cultural and geographical diversity. It is one of the major sectors contributing to GDP of the country and is driven by steady economic growth. Tourism’s direct contribution to GDP is expected to grow from $98 billion in 2018 to $106.9 billion in 2019. The Tr...

Education—what was once a largely philanthropic activity has now become a lucrative business with opportunities from pre-school right up to higher education. A considerable portion of India's population is below the age of 25, which highlights the large addressable market. Globally, the Indian school system is the largest, with around 260 million c...

India is, no doubt, reeling from the impact of the Covid-19 pandemic, as is the rest of the world. Beyond the growth slowdown in 2020, India’s long-term macroeconomic prospects still remain bright. This research examines India’s long-term macroeconomic outlook and sheds light on growth opportunities that Indian and global businesses could tap into....

Tamil Nadu is one of the leading states when it comes to the tourism industry in India; the state has been promoting tourism under the ‘Enchanting Tourism’ program. The state has almost a one-fifth share in both domestic and foreign tourist arrivals and its tourism industry is a major contributor to the GDP. The tourism industry in Tamil Nadu is ma...