In Dec 2015, Qatar announced that it expected to post a fiscal deficit of USD 12.8 billion in 2016—the first budgetary shortfall in fifteen years. While the government announced spending cuts in certain government departments, Qatar is still expected to tap sovereign debt markets to finance the expected deficit, including mega projects in the lead up to the 2022 FIFA World Cup, including up to USD 200 billion in infrastructure investments over the next decade. This report looks at some of the top infrastructure opportunities.
Dunia Frontier Consultants’ report looks at Saudi Arabia’s current economic situation, and how the country is driving economic reform through the National Transformation Plan (NTP), also known as Saudi Arabia’s Vision 2030. We then look deeper into the 270 billion Saudi Riyal in major projects across 24 ministries, highlighting the five government entities we believe will drive some of the greatest opportunities in infrastructure development across the country.
Dunia Frontier Consultants recently conducted research into the Steel Industry to understand the business in the UAE and the Gulf Cooperation Council (GCC) area more broadly. In this report, Dunia provides a brief overview of the steel industry in the UAE, including key trends, key players, and a list of notable current/upcoming infrastructure projects within the country.
Despite being vulnerable to Saudi Arabia’s market because of its close ties, Bahrain is far more diversified than its larger neighbor, showing resilience despite the fall in oil prices. This report looks at the continued strong pipeline of infrastructure projects across the non-hydrocarbon sector, which is expected to grow at around 3.4% in 2016 and 3% in 2017. Projects are especially strong in manufacturing, construction, tourism and social and personal services, which are highlighted in this report.
Dunia has released a new report on the pharmaceuticals market in the Kingdom of Saudi Arabia that will give readers a number of key insights:
- Based on some 35 interviews with on-the-ground sources in Saudi Arabia, the report delves into the market structure, growth rates, leading players, and key high growth market segments
- Dunia also met with more than 25 executives in the pharmaceuticals ecosystem in the country, including international suppliers and manufacturers, pharmaceuticals retail outlets, regulators, internal company managers, and wholesale distributors in order to generate a multi-dimensional view of the market’s distribution channel and general sales infrastructure, from wholesalers to the top retailers nationwide.
- Lastly, Dunia looks at the regulatory situation in Saudi Arabia and points out some of the key regulatory shifts that are expected to shape the competitive landscape there in the years to come.
[February 2012] This is the latest report by Dunia Frontier Consultants to track the activities of foreign firms and investors in Iraq. It follows similar surveys conducted in 2009 and 2010, but employs a different methodology that has been developed in response to particular market developments in Iraq and changes in the behavior of foreign firms. Dunia employs the category foreign commercial activity (FCA) to capture the dynamics of foreign participation in Iraq’s reconstruction process, and to assess the opportunities available in Iraq. The data presented in this report are not intended to be exhaustive. Dunia’s intent in producing these reports is to assess the changing economic landscape in Iraq, with the hope that the data and accompanying analysis provide useful insights amid the constant stream of deal news and varying assessments of the country’s economic outlook.
[September 2011] Dunia Frontier Consultants is pleased to present this report on contemporary political and tribal dynamics in Anbar province. The report synthesizes our expertise on Iraq with information gleaned from a number of experts who have significant on-the-ground experience in Anbar.
From September to December 2013, Dunia Frontier Consultants conducted a series of comprehensive surveys of Iraqi private bank investors as well as corporate and retail customers. From the customer standpoint, we sought to understand retail and corporate deposit and borrowing attitudes as well as brand recognition. From the investor perspective, we wanted to identify the key concerns about Iraqi banks as potential investments and gauge opinions on corporate governance and transparency. In total, we conducted over 60 interviews across the three groups.
We paired our survey results with additional on the ground research to examine the broader environment, including the economy, politics, and security, as well as fiscal, monetary, and bank regulatory policy, for a 360-degree, comprehensive view of the Iraqi private banking sector. We analyzed the financial statements of 14 Iraqi banks in detail, augmenting the published data with our own calculations to bridge gaps where necessary. Many insights were also gathered from Dunia’s own five-year experience as a leading on the ground researcher serving multinationals and local companies in Iraq. As a result, we believe that this research report is the only report of its kind, in terms of comprehensiveness, rigor and on the ground fact base.
During the first week in August 2014, Dunia reached out to a number of in-country contacts to gain a better understanding of the environment surrounding Libyan O&G assets, and perform a comprehensive assessment of the recent security instability on the near term oil production in the country—by asset, by region, and by corporate owner. This 12 page report covers the following specific areas:
– Current political and security rundown.
– Top-level grouping and asset inventory of in-country O&G assets.
– Identification of key armed groups controlling each asset, and breakdown of group control implications.
– Near-term and medium-term production expectations by asset grouping.
– 6-12 month production scenario analysis.