Evaluating Legacy Systems and 2026 Economic Frameworks thumbnail

Evaluating Legacy Systems and 2026 Economic Frameworks

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El Houni asked the speakers to share what keeps them "on-point" at work and what recommendations they have for the audience. Hamad Al Hajri, CEO and Creator of Snoonu said it was "crucial to construct limits" between work and personal life and take brief holidays to "disconnect" from the workplace.

Karim Benkirane, CCO of Du, said: "If you make the individuals you work with pleased, you will make the client pleased, who will then make the investors happy."Ambareen Musa, CEO for Revolut GCC, said the ability to "not stress" is the essential to discovering a service for issues.

This week, we're convening 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 bringing together financiers, companies, exchanges, and policymakers to discuss what is changing in the area, and what follows, including the growth and continuous development of the Gulf's capital markets, and the area's growing role in international networks of capital and trade.

Saudi Arabia and UAE are poised to lead the Gulf region's financial expansion in 2026, supported by strong private-sector efficiency, resilient domestic demand and restored financial investment momentum, according to the current ICAEW Economic Insight Q4 2025 report, produced by Oxford Economics. The GCC is anticipated to outshine most worldwide areas peers next year, with regional GDP forecast to grow by 4.4%. Throughout the GCC, non-energy activity is projected to expand by 4.1% in 2026, driven by strong labour markets, enhancing credit conditions and increasing financial investment in innovation and AI-related facilities.

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Industrial Excellence: a Strategic Pillar for Regional Growth

Although oil profits will be under pressure in the first half of 2026, production is anticipated to increase once again in the 2nd half of 2026, supporting the region's medium-term outlook, it stated. Saudi Arabia will remain a significant contributor to GCC momentum, with GDP projection to grow 4.3% in 2026.

Growth will be supported by industrial growth and policy reforms, consisting of relieved foreign ownership guidelines that intend to stimulate additional investment. The financial deficit is forecasted to broaden to 5.6% of GDP next year amid softer oil prices, 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 positioned for another strong year of performance, with GDP forecast to rise 5.6% in 2026 as non-oil sectors continue to expand. Tourism, trade and financial services remain key growth drivers, supported by population development and sustained domestic demand. Dubai's economy grew 4.4% in the very first half of 2025, showing broad-based non-oil strength.

Comparing Traditional Systems and 2026 Economic Frameworks
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Oil production is expected to get once again in the second half of 2026, complementing continuous financial investment in infrastructure, technology and worldwide trade collaborations. Hanadi Khalife, the Head of Middle East, ICAEW, stated: "This quarter's outlook strengthens how far the GCC has actually can be found in building varied, durable and worldwide competitive economies.

Scott Livermore, ICAEW Economic Advisor, and Chief Financial Expert and Managing Director, Oxford Economics Middle East, stated: "Saudi Arabia and the UAE are going into 2026 with strong structures. Saudi non-oil activity is getting pace, supported by robust demand and increasing financial investment, even as fiscal pressures increase.""The UAE continues to take advantage of strong domestic fundamentals, a sharp uplift in federal government costs and continual diversity efforts.

Key Steps for Operational Excellence in Dubai

GCC countries are pivoting towards a strategy of 'durability over expansion' getting in 2026, as the region gets ready for a worldwide landscape defined by softer oil prices, geopolitical fragmentation, and the rapid transition to an AI-enabled economy. According to a brand-new regional outlook by PwC, the GCC is transferring to insulate its growth from external shocks by deepening international trade combination, protecting industrial supply chains, and carrying out a definitive shift from technology ambition to functional execution.

Comparing Traditional Systems and 2026 Economic Frameworks
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Negotiations free of charge Trade Arrangements with China, the EU, and Japan are advancing, while talks with the UK have gone into final preparing phases. The region is increasingly placing itself as a central center for east-west trade through the IndiaMiddle EastEurope Economic Passage (IMEC). To support domestic production, protecting vital minerals has become a strategic priority.