New Middle East and Global leaders appointed at Strategy&
Active in the Middle East since the 1970s, Strategy& was the first global management consulting firm to open offices in 1993, starting in Abu Dhabi, followed by Dubai, Beirut, Riyadh, Cairo, and Doha. With over 900 employees, Strategy& brings deep expertise to enable transformative impact for clients in the region across multiple sectors and industries including Consumer and Retail, Culture and Entertainment, Energy, Resources, and Sustainability, Government and Public Sector, Health, Multisector Investment, Real Estate, Technology and Digital Services, Travel and Tourism.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Al Bawaba
28 minutes ago
- Al Bawaba
Chevrolet and GMC Truck Mania launches, celebrating record sales performance and shifting customer demand
General Motors is spotlighting the evolving face of truck ownership in the Middle East as it celebrates a growing market share among its Chevrolet and GMC pickup lineup with a sales rise of 18% yoy, unveiling an emerging demographic amongst youth and women as it marks the launch of Chevrolet and GMC Truck hot offers on the popular Chevrolet Silverado, GMC Sierra, GMC Canyon and all-electric GMC HUMMER SUT*, Truck Mania will be live across showrooms in the UAE, KSA, Kuwait, Oman and Qatar from 13 August to 13 September, with immersive product Truck Mania, customers can expect tailored test drives for road and all-terrain, personalized consultations, and seasonal value offers designed to get them behind the wheel in time for the region's most active months truck portfolio continues to resonate deeply among GCC nationals—particularly from Saudi Arabia and the UAE. Among younger Emiratis aged 20–29, the GMC Sierra has emerged as a top choice for first-time buyers, reflecting a generational shift in preferences. Meanwhile, the Chevrolet Silverado sees robust repeat purchases from Saudi owners aged 30–50, underscoring its enduring appeal and reliability. Furrukh Jawaid, Chief Marketing Officer at General Motors Africa and Middle East, said: 'Off-roading in the Gulf is a rite of passage as youth begin to adopt the lifestyles of their parents, the desert becomes more than terrain and an adrenaline rush. It becomes a tradition. This is evident in the trends we are seeing of youth reaching 20 to 35% of our customer base in the last few years. Therefore, Truck Mania is bringing GM's most capable trucks to the forefront with compelling offers and experiences that reflect the evolving expectations of today's customers.'Arab youth and women growing pickup loyalty While male ownership remains dominant, female ownership is steadily rising signaling a broader cultural embrace of the segment. Over the past three years, female interest and ownership in full-size pickups has more than doubled, driven by increasing demand for safety features, elevated driving positions, flexible utility, and bold 2024 alone, women accounted for 9% of all GM truck buyers in the GCC, a notable increase from previous years. Kuwait leads the region with 13% of all female truck owners in GM's portfolio, followed by the UAE at 9%, and Qatar at 7%. A third of GMC Sierra owners in the UAE are middle-aged Emirati women (ages 30–49), and there has been a 50% year-over-year increase in ownership among Emirati women aged 20–29. For Chevrolet Silverado, 19% of repeat female customers are over 30, with the majority in the middle-aged Kuwaiti Fernandes, Managing Director of Commercial Operations at General Motors Africa and Middle East, added, 'The growing demand for our world-class pickups from Chevrolet and GMC are visible as we witnessed a surging market share in the first half of 2025 of over 46% as we continue to empower more customers across the Gulf to take up off-roading, road-tripping adventures, reconnecting with the outdoors or making use of its capabilities for day-to-day needs. Pickups have grown beyond their traditional role as workhorses to become expressions of style, performance and heritage. Even off-roading has shifted from a practical skill to a deeply-rooted pastime.'The 2025 Chevrolet Silverado**Built for strength, adventure and personalization, the Silverado offers a wide range of trims to suit different drivers and terrains — from the everyday capability of the LT to the sporty RST, the off-road-ready Trail Boss and the performance-driven ZR2. Each trim is designed to meet a specific need while delivering signature Silverado power and confidence. The 2025 GMC Sierra**GMC is also celebrating its own high-performance milestones during Truck Mania. The GMC Sierra — a truck built to deliver professional-grade capability without compromising comfort — continues to resonate with customers who want premium features, advanced tech and trail-tested strength. Models like the Sierra Denali and AT4 lead this charge, combining power with refinement, and proving that capability and craftsmanship can go hand in 2025 GMC Canyon AT4X**Truck Mania also showcases the Canyon, GMC's midsize truck designed for control, agility and adventure. Built for drivers who demand capability without compromise, the Canyon is ideal for tackling both urban and off-road environments. The 2025 GMC HUMMER EV SUT**For those seeking the cutting edge of electric performance, the HUMMER EV pickup offers up to 1,000 horsepower, zero tailpipe emissions, and segment-defining features like CrabWalk and Watts to Freedom — now available in connected markets across the UAE, KSA, Kuwait and you're towing gear into the mountains, heading off-road into the desert, or simply upgrading your daily drive, Truck Mania offers a once-a-year opportunity to experience the power and possibilities of GM trucks across both Chevrolet and GMC.* GMC HUMMER EV is only available in OnStar connected markets. ** All models feature Google Built-In, Apple CarPlay, Android Auto, and available Wi-Fi. Chevrolet offers a three-year or 100,000 km warranty, while GMC offers a warranty up to five years or 100,000 kms along with a five-year service package on Denali.
Al Bawaba
8 hours ago
- Al Bawaba
How Gaza occupation could drain Israel's economy?
ALBAWABA - Israel is getting ready for its first general strike on August 17. Families of prisoners and a number of social groups that want the war to end are leading the protests. Also Read Israeli airstrike kills Palestinian journalist Anas Al-Sharif Even more people are afraid that the conflict will get worse, which will hurt both people and the economy. At first, the Histadrut labor group was supposed to take part, but it pulled out for a number of reasons. The people who are organizing the strike say that keeping the war going will make the country's economic and social problems worse, in addition to the moral need to free the prisoners. Last week, the security cabinet agreed to go ahead with taking Gaza City as part of a larger military offensive against Hamas. This made people even more worried. Experts say that even a limited stay will cost a lot, with new taxes, longer tax freezes, and big cuts to infrastructure, healthcare, education, and welfare. The Finance Ministry is looking at the prices of recent operations, such as "Gideon's Chariots," which ended after three months. The Defense Ministry and the Finance Ministry have already agreed to give an extra 42 billion shekels over the next two years, with 28 billion shekels coming in 2025. This will be used to pay for the operation in Gaza and another battle against Iran. Government officials say, though, that there has been no real talk in the government or the Knesset about how the occupation of Gaza will affect the country's finances in the long run. It is thought that calling up a quarter of a million reservists before the end of the year would cost 7.5 billion shekels per month. Other costs like fuel, ammo, and emergency help could add another 12–15 billion shekels per month. Former IDF budget chief Brig. Gen. (Res.) Ram Aminach warned that under international law, Israel would have to provide all civil services in Gaza after the war, including water, sanitation, electricity, healthcare, and more, without being able to collect local taxes or rely on foreign aid. «احتلال غزة» ليس مجرد معركة عسكرية.. إسرائيل على أعتاب حرب اقتصادية قد لا تنتهي! فهل تتحول «أعباء القطاع» إلى «فاتورة تل أبيب»؟
Jordan Times
10 hours ago
- Jordan Times
Jordan, Egypt sign agreements to boost cooperation, multi-sector partnerships
AMMAN — Jordan and Egypt on Tuesday concluded the 33rd session of their Joint Higher Committee by signing nine agreements aimed at enhancing cooperation across multiple sectors. The meeting was co-chaired by Prime Minister Jafar Hassan and Egypt Prime Minister Mostafa Madbouly. The agreements span key areas including energy, electricity interconnection, investment, industry, tourism, transport, and transit. Both countries reaffirmed their commitment to building on their longstanding fraternal ties, guided by His Majesty King Abdullah and Egyptian President Abdel Fattah Al Sisi, to promote mutual interests, according to a Prime Ministry statement. Prime Minister Hassan described Jordan-Egypt relations as a benchmark for Arab cooperation, highlighting that regular committee meetings since 1985 have deepened collaboration across numerous fields. He also pointed to continuous growth in trade volumes, increasing Jordanian private sector investment in Egypt, and expanding opportunities in tourism, transport, and transit. Hassan emphasised the shared commitment to broadening cooperation in energy and electricity networks, including activating the trilateral mechanism involving Iraq. Addressing economic challenges common to both countries, he stressed that creating job opportunities for youth is a top priority underpinning the Economic Modernisation Vision, which seeks to attract investment, stimulate growth, and boost employment, the statement said. On regional matters, Hassan affirmed that Jordan and Egypt stand united on key challenges, foremost the Palestinian cause and the ongoing Israeli war on Gaza. Both prime ministers condemned the "brutal" conflict, called for intensified efforts to end the aggression, ensure the delivery of humanitarian aid, reject starvation tactics in Gaza, and oppose provocative actions in the West Bank and Jerusalem. Hassan lauded Egypt's significant role in Gaza, noting ongoing coordination at leadership and ministerial levels, according to the statement. Regarding Syria, Hassan reaffirmed Jordan's support for the new Syrian government's efforts to restore security, stability, and prosperity, and to address pressing challenges through cooperation. Madbouly highlighted the deep-rooted bilateral relations and voiced Egypt's eagerness to remove obstacles hindering economic cooperation, citing energy, gas supply, and electricity interconnection as exemplary areas of partnership. He also affirmed both countries' rejection of any attempts to alter the demographic or geographic status in Gaza or the West Bank. Madbouly stressed that Egypt and Jordan maintain full coordination on developments in Gaza, the West Bank, and other regional issues. The agreements signed include an executive programme for scientific cooperation between Jordan's Ministry of Planning and International Cooperation and Egypt's National Planning Institute; an executive programme between Jordan's Free and Development Zones Group and Egypt's General Authority for Investment and Free Zones and a memorandum of understanding on consumer protection, according to the statement. Additional agreements cover cooperation in local development, protecting cultural heritage and combating illicit antiquities trade, a memorandum of understanding between the finance ministries of the two countries, an executive programme for youth cooperation (2025–2028), a programme to implement a memorandum of understanding between the ministries of Awqaf (religious endowments) and an agreement on government procurement cooperation.
