DIWAN · REGISTER
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Studies & Intelligence
Intelligence with context. Foresight that shapes decisions. The DIWAN register publishes commissioned studies, briefings, and market intelligence across sectors and jurisdictions.
AllTrade & Capital 60Law & Regulation 26Country Files 200Demand & Buyers 40Platforms & Growth 169Brand & Positioning 3Commodities 27Business 54Technology 179Cyber Security 3
All
United Arab Emirates 23
Saudi Arabia 19
Qatar 11
Singapore 9
Oman 4
Zimbabwe 3
Bahrain 2
Bangladesh 2
Burundi 2
China 2
Dominican Republic 2
Egypt 2
Ethiopia 2
France 2
Germany 2
Guinea 2
Israel 2
Kazakhstan 2
Liberia 2
Malaysia 2
Mexico 2
Netherlands 2
Pakistan 2
Papua New Guinea 2
Switzerland 2
Tanzania 2
Turkmenistan 2
Uganda 2
Zambia 2
Albania 1
Algeria 1
American Samoa 1
Andorra 1
Angola 1
Antigua and Barbuda 1
Argentina 1
Aruba 1
Australia 1
Austria 1
Azerbaijan 1
Bahamas, The 1
Barbados 1
Belarus 1
Belize 1
Benin 1
Bermuda 1
Bhutan 1
Bolivia 1
Bosnia and Herzegovina 1
Brazil 1
British Virgin Islands 1
Brunei Darussalam 1
Bulgaria 1
Burkina Faso 1
Cabo Verde 1
Cambodia 1
Canada 1
Cayman Islands 1
Central African Republic 1
Chad 1
Channel Islands 1
Chile 1
Congo, Dem. Rep. 1
Congo, Rep. 1
Costa Rica 1
Cote d'Ivoire 1
Croatia 1
Cuba 1
Curacao 1
Cyprus 1
Czechia 1
Denmark 1
Djibouti 1
Dominica 1
Ecuador 1
Equatorial Guinea 1
Eritrea 1
Estonia 1
Eswatini 1
Fiji 1
Finland 1
French Polynesia 1
Gabon 1
Gambia, The 1
Georgia 1
Gibraltar 1
Greece 1
Greenland 1
Grenada 1
Guam 1
Guatemala 1
Guinea-Bissau 1
Guyana 1
Haiti 1
Hong Kong SAR, China 1
Hungary 1
India 1
Indonesia 1
Iran, Islamic Rep. 1
Ireland 1
Isle of Man 1
Italy 1
Jamaica 1
Jordan 1
Kiribati 1
Korea, Dem. People's Rep. 1
Korea, Rep. 1
Kosovo 1
Kuwait 1
Kyrgyz Republic 1
Lao PDR 1
Latvia 1
Lesotho 1
Libya 1
Lithuania 1
Luxembourg 1
Macao SAR, China 1
Malawi 1
Maldives 1
Malta 1
Marshall Islands 1
Mauritania 1
Mauritius 1
Micronesia, Fed. Sts. 1
Monaco 1
Mongolia 1
Montenegro 1
Morocco 1
Mozambique 1
Myanmar 1
Naoero 1
Nepal 1
New Caledonia 1
New Zealand 1
Niger 1
Nigeria 1
North Macedonia 1
Northern Mariana Islands 1
Palau 1
Panama 1
Paraguay 1
Peru 1
Philippines 1
Poland 1
Puerto Rico (US) 1
Romania 1
Rwanda 1
Samoa 1
San Marino 1
Sao Tome and Principe 1
Senegal 1
Seychelles 1
Sierra Leone 1
Sint Maarten (Dutch part) 1
Slovak Republic 1
Slovenia 1
Solomon Islands 1
South Africa 1
South Sudan 1
Spain 1
Sri Lanka 1
St. Kitts and Nevis 1
St. Lucia 1
St. Martin (French part) 1
St. Vincent and the Grenadines 1
Sudan 1
Suriname 1
Sweden 1
Syrian Arab Republic 1
Tajikistan 1
Timor-Leste 1
Togo 1
Tonga 1
Trinidad and Tobago 1
Tunisia 1
Turkey 1
Turks and Caicos Islands 1
Tuvalu 1
Ukraine 1
United Kingdom 1
Uruguay 1
Uzbekistan 1
Vanuatu 1
Venezuela, RB 1
Vietnam 1
Virgin Islands (U.S.) 1
West Bank and Gaza 1
Yemen, Rep. 1
United Arab Emirates 23Saudi Arabia 19Qatar 11Singapore 9Oman 4Zimbabwe 3Bahrain 2Bangladesh 2Burundi 2China 2Dominican Republic 2Egypt 2Ethiopia 2France 2Germany 2Guinea 2Israel 2Kazakhstan 2Liberia 2Malaysia 2Mexico 2Netherlands 2Pakistan 2Papua New Guinea 2Switzerland 2Tanzania 2Turkmenistan 2Uganda 2Zambia 2Albania 1Algeria 1American Samoa 1Andorra 1Angola 1Antigua and Barbuda 1Argentina 1Aruba 1Australia 1Austria 1Azerbaijan 1Bahamas, The 1Barbados 1Belarus 1Belize 1Benin 1Bermuda 1Bhutan 1Bolivia 1Bosnia and Herzegovina 1Brazil 1British Virgin Islands 1Brunei Darussalam 1Bulgaria 1Burkina Faso 1Cabo Verde 1Cambodia 1Canada 1Cayman Islands 1Central African Republic 1Chad 1Channel Islands 1Chile 1Congo, Dem. Rep. 1Congo, Rep. 1Costa Rica 1Cote d'Ivoire 1Croatia 1Cuba 1Curacao 1Cyprus 1Czechia 1Denmark 1Djibouti 1Dominica 1Ecuador 1Equatorial Guinea 1Eritrea 1Estonia 1Eswatini 1Fiji 1Finland 1French Polynesia 1Gabon 1Gambia, The 1Georgia 1Gibraltar 1Greece 1Greenland 1Grenada 1Guam 1Guatemala 1Guinea-Bissau 1Guyana 1Haiti 1Hong Kong SAR, China 1Hungary 1India 1Indonesia 1Iran, Islamic Rep. 1Ireland 1Isle of Man 1Italy 1Jamaica 1Jordan 1Kiribati 1Korea, Dem. People's Rep. 1Korea, Rep. 1Kosovo 1Kuwait 1Kyrgyz Republic 1Lao PDR 1Latvia 1Lesotho 1Libya 1Lithuania 1Luxembourg 1Macao SAR, China 1Malawi 1Maldives 1Malta 1Marshall Islands 1Mauritania 1Mauritius 1Micronesia, Fed. Sts. 1Monaco 1Mongolia 1Montenegro 1Morocco 1Mozambique 1Myanmar 1Naoero 1Nepal 1New Caledonia 1New Zealand 1Niger 1Nigeria 1North Macedonia 1Northern Mariana Islands 1Palau 1Panama 1Paraguay 1Peru 1Philippines 1Poland 1Puerto Rico (US) 1Romania 1Rwanda 1Samoa 1San Marino 1Sao Tome and Principe 1Senegal 1Seychelles 1Sierra Leone 1Sint Maarten (Dutch part) 1Slovak Republic 1Slovenia 1Solomon Islands 1South Africa 1South Sudan 1Spain 1Sri Lanka 1St. Kitts and Nevis 1St. Lucia 1St. Martin (French part) 1St. Vincent and the Grenadines 1Sudan 1Suriname 1Sweden 1Syrian Arab Republic 1Tajikistan 1Timor-Leste 1Togo 1Tonga 1Trinidad and Tobago 1Tunisia 1Turkey 1Turks and Caicos Islands 1Tuvalu 1Ukraine 1United Kingdom 1Uruguay 1Uzbekistan 1Vanuatu 1Venezuela, RB 1Vietnam 1Virgin Islands (U.S.) 1West Bank and Gaza 1Yemen, Rep. 1Brand & Positioning
Photo · Michael Shtern / Unsplash
Feasibility
Growing economy, low connectivity: Turkmenistan
Turkmenistan's headline growth runs well ahead of its digital rails: fewer than half of residents are online and mobile data costs roughly 26 to 31 times the price in Uzbekistan and Kazakhstan. The unlock is international capacity, wholesale price reform and identity-and-payments rails, financed first by sovereign and Islamic development lenders.
Turkmenistan reports 6.3% GDP growth and carries public debt of about 3% of GDP, yet it ranks 233rd of 234 countries on the price of mobile data (US$9.28 per GB), 145th of 193 on the UN E-Government Development Index, and had a median fixed download speed of 3.6 Mbps at the start of 2025. Demand is not the constraint: internet users rose by 196,000 in the year to October 2025, to 46.1% of the population. The constraints are a single state-controlled carrier for most traffic, thin and poorly diversified international capacity, an official exchange rate far from the market rate, and heavy content filtering. The 2026-2028 State Programme for the Digital Economy creates a policy window. This study sets out which moves would unlock growth (Trans-Caspian and southern fibre routes, a wholesale open-access tariff, a national identity and payments layer, a government cloud) and who is realistically placed to fund them: the Islamic Development Bank (which has already lent US$273m for telecom networks), the Asian Development Bank, Gulf development funds, vendor and export-credit finance, and, for selected assets, public-private partnerships under the 2021 PPP law.
46.1%INTERNET USERS, OCTOBER 2025 (SHARE OF POPULATION)
US$9.28AVERAGE PRICE OF 1 GB OF MOBILE DATA, JULY 2026 (233RD OF 234 COUNTRIES)
3.6 MbpsMEDIAN FIXED DOWNLOAD SPEED, START OF 2025
Photo · Jacob Diehl / Unsplash
Feasibility
Market signal: Energy Commodities in GCC
Two signals from a 30-day read of Gulf energy flows: the crude rebound is riding on workarounds, and diesel is now the scarce barrel
Gulf crude exports have clawed back above pre-war levels through pipeline and shuttle workarounds, even as tanker attacks in and around the Strait of Hormuz escalate — while refined products, above all diesel, remain structurally constrained, with Middle East diesel exports to Europe at a six-year low and European diesel prices at all-time records. Both signals reward the same positioning: outside-Hormuz loading, verified counterparties, and secured logistics.
$108.04/bblBRENT CRUDE, 12 OCT 2026 (≈70% ABOVE A YEAR EARLIER)
18.3m b/dMIDDLE EAST CRUDE EXPORTS, 7-DAY AVERAGE, 30 SEP (KPLER) — ABOVE THE ~18.0M B/D PRE-WAR NORM
110k b/dMIDDLE EAST DIESEL EXPORTS TO EUROPE, SEPTEMBER — SIX-YEAR LOW (VS 191K B/D IN AUGUST)
Photo · Hush Naidoo Jade Photography / Unsplash
Feasibility
The GCC Healthcare Gold Rush: Private Capital, Mandatory Insurance and the Provider Gap
Six-system benchmark, four mandate engines, a 2030 bed-gap model and a capital playbook for the most oversubscribed sector in the Gulf
Every GCC state has now switched on, or is arming, a mandatory health-insurance engine — Abu Dhabi (2006), Dubai (2014), the Northern Emirates (2025), Kuwait (2025), Oman (phasing), Saudi Arabia (13.2m private lives and doubling premiums to 2030) — while the region operates 1.3–2.3 hospital beds per 1,000 people against Germany's 7.8 and the OECD's 4.3. This study benchmarks the four buyer markets against Germany and Singapore, sizes the provider gap to 2030 (Saudi estimates alone range 8,500–27,000 beds), maps the private-capital wave (PureHealth's $3.5bn of European acquisitions, the $1bn Aster GCC buyout, three Saudi IPOs 64–119× oversubscribed), prices greenfield-versus-acquisition entry, and stress-tests the one risk the gold-rush narrative underweights: reimbursement.
US$159bnGCC HEALTH SPEND BY 2029 (ALPEN CAPITAL, 7.8% CAGR)
8,500–27,000RANGE OF ESTIMATES FOR EXTRA SAUDI BEDS NEEDED BY ~2030
119×INSTITUTIONAL OVERSUBSCRIPTION, FAKEEH CARE IPO (2024)
