Search results for: 'road freight in GCC'

30 Jun 2017  |  North America  |  Megatrends

Future of GCC, Forecast to 2025

The Growth Story of the Oil-Dependent Region through Economic Diversification and Socio-Political Reforms

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Over the last 50 years, there has been unparalleled economic growth among the oil-rich Gulf Cooperation Council (GCC) countries, and they now rank among the world leaders in per capita income. However, the recent oil-price fluctuations have complicated the situation of these oil-dependent economies. GCC nations have recognized that oil resources al...

11 Feb 2021  |  Europe  |  Megatrends

A New Global Paradigm with China’s One Belt, One Road Initiative

Improved Connectivity and Reshaping of Trade Relations Leading to New Growth Opportunities

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Key Issues Addressed

China envisions the revival of the ancient Silk Road, which previously facilitated trade with nations across Persia, Central Asia, and Europe for over 2,000 years, as a catalyst to unify both local and international markets through trade activities and trade routes. The introduction of the One Belt, One Road Initiative in 2013 seeks to develop a ne...

Technological revolutions in the logistics space have resulted in minimizing the current complexities and creating new opportunities for value-chain participants. Key future themes, including artificial intelligence, autonomous technologies, digital platforms and Blockchain are expected to create much disruption in the value chain and give rise to ...