Evaluating Legacy Systems and 2026 Economic Strategies thumbnail

Evaluating Legacy Systems and 2026 Economic Strategies

Published Aug 18, 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 stated it was "crucial to build limits" 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 delighted, you will make the customer delighted, who will then make the investors happy."Ambareen Musa, CEO for Revolut GCC, stated the capability to "not stress" is the essential to finding an option for problems.

This week, we're convening more than 3000 conferences between financiers and 119 Gulf-listed business with a combined worth of $2.4 trillion at the HSBC GCC Exchanges Conference 2026, in London. We're combining investors, business, exchanges, and policymakers to discuss what is altering in the area, and what comes next, consisting of the growth and continuous advancement of the Gulf's capital markets, and the region's growing function in international networks of capital and trade.

Saudi Arabia and UAE are poised to lead the Gulf area's economic growth in 2026, supported by strong private-sector performance, resilient domestic demand and restored investment momentum, according to the current ICAEW Economic Insight Q4 2025 report, produced by Oxford Economics. The GCC is anticipated to exceed most international areas peers next year, with regional GDP projection to grow by 4.4%. Throughout the GCC, non-energy activity is projected to broaden by 4.1% in 2026, driven by strong labour markets, enhancing credit conditions and increasing investment in technology and AI-related facilities.

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Key Tips for Industrial Excellence in the GCC

Although oil profits will be under pressure in the first half of 2026, production is anticipated to rise once again in the second half of 2026, supporting the region's medium-term outlook, it specified. Saudi Arabia will remain a significant contributor to GCC momentum, with GDP forecast to grow 4.3% in 2026.

Development will be supported by commercial expansion and policy reforms, consisting of relieved foreign ownership rules that intend to promote additional investment. The financial deficit is projected to broaden to 5.6% of GDP next year in the middle of softer oil rates, while the recent five-year rent freeze in Riyadh aims to relieve inflationary pressures, though it may constrain future housing 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 financial services remain key growth motorists, supported by population development and continual domestic demand. Dubai's economy grew 4.4% in the first half of 2025, showing broad-based non-oil strength.

Why Data Redefines GCC Corporate Vision
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Oil production is anticipated to choose up once again in the second half of 2026, complementing ongoing investment in facilities, innovation and global trade collaborations. Hanadi Khalife, the Head of Middle East, ICAEW, said: "This quarter's outlook enhances how far the GCC has been available in building varied, durable and globally competitive economies.

Scott Livermore, ICAEW Economic Consultant, and Chief Financial Expert and Handling Director, Oxford Economics Middle East, stated: "Saudi Arabia and the UAE are entering 2026 with strong foundations. Saudi non-oil activity is acquiring pace, supported by robust need and rising investment, even as financial pressures increase.""The UAE continues to benefit from solid domestic basics, a sharp uplift in federal government costs and continual diversity efforts.

Analysing 2026 GCC Research for Future Growth

GCC nations are rotating towards a method of 'resilience over growth' going into 2026, as the region prepares for a global landscape defined by softer oil costs, geopolitical fragmentation, and the quick transition to an AI-enabled economy. According to a brand-new regional outlook by PwC, the GCC is moving to insulate its development from external shocks by deepening worldwide trade combination, protecting industrial supply chains, and executing a decisive shift from technology aspiration to operational application.

Corporate Planning for Regional Success
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Settlements totally free Trade Contracts with China, the EU, and Japan are advancing, while talks with the UK have gone into last drafting phases. The area is increasingly positioning itself as a main hub for east-west trade through the IndiaMiddle EastEurope Economic Passage (IMEC). To support domestic manufacturing, protecting critical minerals has become a tactical priority.

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