Evaluating Legacy Systems and 2026 Economic Strategies thumbnail

Evaluating Legacy Systems and 2026 Economic Strategies

Published Aug 21, 26
4 min read


El Houni asked the speakers to share what keeps them "on-point" at work and what advice they have for the audience. Hamad Al Hajri, CEO and Founder of Snoonu said it was "essential to build boundaries" in between work and personal life and take short holidays to "detach" from the workplace.

Karim Benkirane, CCO of Du, said: "If you make the individuals you work with pleased, you will make the consumer pleased, who will then make the shareholders pleased."Ambareen Musa, CEO for Revolut GCC, said the capability to "not panic" is the crucial to discovering an option for problems.

Today, we're assembling more than 3000 conferences between financiers and 119 Gulf-listed companies with a combined value of $2.4 trillion at the HSBC GCC Exchanges Conference 2026, in London. We're combining financiers, business, exchanges, and policymakers to discuss what is altering in the area, and what comes next, including the expansion and continuous development of the Gulf's capital markets, and the region's growing role in global networks of capital and trade.

Saudi Arabia and UAE are poised to lead the Gulf region's financial growth in 2026, supported by strong private-sector performance, resistant domestic demand and renewed investment momentum, according to the most current ICAEW Economic Insight Q4 2025 report, produced by Oxford Economics. The GCC is expected to surpass most worldwide areas peers next year, with regional GDP forecast to grow by 4.4%. Across the GCC, non-energy activity is predicted to broaden by 4.1% in 2026, driven by strong labour markets, improving credit conditions and rising financial investment in technology and AI-related facilities.

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Predicting the 2026 Middle East Business Environment

Although oil revenues will be under pressure in the first half of 2026, production is expected to increase again in the second half of 2026, supporting the area's medium-term outlook, it mentioned. Saudi Arabia will stay a major contributor to GCC momentum, with GDP projection to grow 4.3% in 2026.

Growth will be supported by commercial growth and policy reforms, including relieved foreign ownership rules that intend to stimulate further financial investment. The financial deficit is predicted to broaden to 5.6% of GDP next year amid softer oil rates, while the current five-year rent freeze in Riyadh aims to ease inflationary pressures, though it might constrain future real estate supply.

Strong domestic fundamentalsThe UAE is likewise placed for another strong year of efficiency, with GDP forecast to rise 5.6% in 2026 as non-oil sectors continue to broaden. Tourist, trade and monetary services stay essential development chauffeurs, supported by population growth and sustained domestic demand. Dubai's economy grew 4.4% in the first half of 2025, reflecting broad-based non-oil strength.

Managing the Upcoming GCC Economic Environment for Leaders
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Oil production is expected to get once again in the 2nd half of 2026, matching ongoing financial investment in infrastructure, innovation and international trade collaborations. Hanadi Khalife, the Head of Middle East, ICAEW, stated: "This quarter's outlook strengthens how far the GCC has actually been available in building varied, durable and worldwide competitive economies.

Scott Livermore, ICAEW Economic Consultant, and Chief Economist and Managing Director, Oxford Economics Middle East, said: "Saudi Arabia and the UAE are getting in 2026 with strong structures. Saudi non-oil activity is gaining pace, supported by robust demand and rising financial investment, even as fiscal pressures increase.""The UAE continues to take advantage of strong domestic basics, a sharp uplift in government costs and continual diversification efforts.

Will Market Analytics Drive Dubai Industrial Success?

GCC nations are rotating towards a strategy of 'durability over expansion' going into 2026, as the area prepares for a global landscape defined by softer oil costs, geopolitical fragmentation, and the quick shift to an AI-enabled economy. According to a new local outlook by PwC, the GCC is transferring to insulate its development from external shocks by deepening global trade integration, protecting commercial supply chains, and executing a definitive shift from innovation aspiration to functional application.

Strategic Strategy for Middle East Success
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Settlements totally free Trade Arrangements with China, the EU, and Japan are advancing, while talks with the UK have actually gotten in final preparing phases. The area is significantly placing itself as a main center for east-west trade through the IndiaMiddle EastEurope Economic Corridor (IMEC). To support domestic production, protecting crucial minerals has ended up being a tactical top priority.

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