Research Reports

ARDENT is founded by functional specialists with relevant industry experience in the region advising a wide range of businesses. ARDENT publishes periodic research reports focused on industry segments relevant to our clients in the region.

Key Insights
  • Rapidly increasing and ageing population, along with high prevalence of lifestyle diseases, is driving demand in the GCC Healthcare sector.
  • The GCC governments are increasing investment in the healthcare sector, and the total spend on healthcare in the region is expected to reach US$133 bn per annum in 2018.
  • Saudi Arabia and the UAE are the largest markets in the region, accounting for 80% and 77% of the total number of hospitals and hospital beds, respectively.
  • Apart from infrastructure investments, the GCC region is witnessing increased investments in healthcare technologies such as platform revolution, digital hospitals, telemedicine, smart drugs and e-visits.
  • The sector depends heavily on expatriates to meet the requirement for healthcare professionals, and the situation will likely continue regardless of various government initiatives.
  • Large infrastructure investments currently underway in the GCC region, such as 37 mega-hospital projects, estimated at US$28.2 bn, are expected to be completed by 2020. Various upcoming projects would add over 22,500 new beds to the region.
Key Insights
  • GCC’s current K-12 education market estimated to be at US$67 billion, with the private sector accounting for 12 per cent i.e. US$8.1 billion.
  • Bahrain and Oman with their Vision 2030 and Vision 2030 plan, respectively, has reiterated commitment towards education.
  • Primary and secondary education is compulsory and free in all GCC countries (except Oman) resulting in GER of greater than 100 per cent.
  • Saudi has also recently implemented reforms to opening international schools to national students. The government seeks to increase private enrolments to 30 per cent by 2018 with a provision of preferential funding to set up private universities.
  • UAE government has taken initiative and built UAE Vision 2021, which prioritizes the sector by recognizing the development of human capital as key to a diversified, knowledge-based economy
  • Qatar is the first Arab country in GCC to have implemented a comprehensive e-learning programme in all state-funded schools.
  • KSA government has allocated US$3.7billon in 2015 toward the construction of 164 new projects as well as to rehabilitate 500 existing school buildings and college campuses.
Key Insights
  • The GCC F&B market expanded at a CAGR of 10% between 2010 and 2015 to reach a market size of US$21.9 Bn.
  • Dubai, being the UAE’s gastronomic capital, is growing at a strong pace, closely followed by Saudi Arabia, which is witnessing increased preference for fast food among its population.
  • As westernization influences people’s dietary habits, Emiratis are increasingly opting for western dining concepts.
  • With rising health awareness, people are willing to pay more and shift towards healthy food options such as gluten-free products and organic foods.
  • The surging demand and the ease of entry into the GCC F&B market have intensified competition, leading to a rise in the number and variety of food outlets.
  • To boost the retail and tourism sectors, the government is investing in the construction of malls, theme parks and residential properties.
  • The GCC F&B market is set to witness strong growth to reach a value of US$34 Bn by 2020.
Key Insights
  • The GCC retail market has grown at an average rate of 7% over the last five years, higher than the global average.
  • The GCC retail sector has witnessed healthy growth, driven by high per capita GDP levels, rapidly growing population, a large number of expatriates, and a significant percentage of youth population.
  • The online retail market, although currently small, has grown rapidly over the last couple of years with a very strong prospect over the next five years.
  • Major events like the World Expo 2020 in the UAE and the FIFA World Cup 2022 in Qatar will boost the construction, infrastructure and tourism sectors, putting the GCC economy into top gear and adding more steam to the GCC retail growth story.
  • The UAE and the KSA are the two largest markets, together accounting for more than 80% share of the total GCC retail market.
  • The GCC F&B sector has witnessed robust growth, driven by an increasing population, growing tourism and rising disposable income.
  • With rising health awareness, people are willing to pay more and shift towards healthy food options such as gluten-free products and organic foods.
Corporate Overview

ARDENT is a UAE headquartered advisory firm, with a targeted focus on the GCC region. The firm’s partners and directors bring over 100 years of cumulative advisory and investment experience in the region. Our client centric business model, local expertise and extensive industry knowledge consistently creates and adds value to our clients.

Team

The ARDENT senior management has built its strong skills and expertise from serving the Big 4 professional service firms in diverse industries across GCC.

Our Services
Industry Expertise
  • Governments
  • Construction & Real Estate
  • Healthcare
  • Education
  • Financial Services
  • Retail & Consumer
  • Oil & Gas
  • Manufacturing
Clients
  • Government Entities
  • Private Family Offices
  • Institutional Investors
  • Corporates/SME’s
  • Private Equity
Geographic reach
  • UAE
  • Saudi Arabia
  • Oman
  • Bahrain
  • India

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