Comparing Legacy Models and Future Economic Frameworks thumbnail

Comparing Legacy Models and Future Economic Frameworks

Published Aug 22, 26
4 min read


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 develop limits" between work and individual life and take brief holidays to "detach" from the workplace.

Tariq Bin Hendi, CEO and Board Member of Astra tech, responded that "the finest recommendations is to continuously challenge yourself" while likewise making sure a healthy sleep and exercise regimen. Mohamed Khadiri, CEO of Bank of Sharjah mentioned that to excel and "to be near your consumer, you have to be enthusiastic about your work and comprehend consumers' requirements". Karim Benkirane, CCO of Du, stated: "If you make individuals you deal with pleased, you will make the consumer happy, who will then make the investors happy."Ambareen Musa, CEO for Revolut GCC, said the capability to "not worry" is the crucial to discovering a service for problems.

Today, we're assembling more than 3000 meetings in between financiers and 119 Gulf-listed business with a combined value of $2.4 trillion at the HSBC GCC Exchanges Conference 2026, in London. We're bringing together investors, companies, exchanges, and policymakers to discuss what is changing in the area, and what comes next, including the expansion and continuous development of the Gulf's capital markets, and the region's growing function in global 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 performance, resilient domestic need and renewed financial investment momentum, according to the latest ICAEW Economic Insight Q4 2025 report, produced by Oxford Economics. The GCC is expected to surpass most global regions peers next year, with regional GDP forecast to grow by 4.4%. Across the GCC, non-energy activity is projected to expand by 4.1% in 2026, driven by strong labour markets, enhancing credit conditions and rising investment in innovation and AI-related infrastructure.

ANSR July GCC PRs 50DR+ANSR July GCC PRs 50DR+


Accelerating Regional Industrial Growth through Strategy

Although oil profits will be under pressure in the very first half of 2026, production is expected to rise again in the second half of 2026, supporting the area's medium-term outlook, it specified. 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 eased foreign ownership guidelines that intend to stimulate additional investment. The financial deficit is projected to widen to 5.6% of GDP next year amid softer oil rates, while the recent five-year lease freeze in Riyadh aims to reduce inflationary pressures, though it may constrain future real estate supply.

Strong domestic fundamentalsThe UAE is also positioned for another strong year of efficiency, with GDP forecast to rise 5.6% in 2026 as non-oil sectors continue to expand. Tourist, trade and monetary services remain essential development drivers, 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.

ANSR July GCC PRs 50DR+ANSR July GCC PRs 50DR+


Oil production is expected to get again in the second half of 2026, matching ongoing financial investment in infrastructure, innovation and global trade collaborations. Hanadi Khalife, the Head of Middle East, ICAEW, stated: "This quarter's outlook enhances how far the GCC has actually been available in building diverse, durable and globally competitive economies.

Scott Livermore, ICAEW Economic Advisor, and Chief Economist 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 financial investment, even as fiscal pressures increase.""The UAE continues to benefit from solid domestic fundamentals, a sharp uplift in government spending and sustained diversity efforts.

Driving Dubai Industrial Expansion through Innovation

GCC countries are pivoting towards a method of 'durability over expansion' going into 2026, as the region gets ready for an international landscape defined by softer oil prices, geopolitical fragmentation, and the quick shift to an AI-enabled economy. According to a new regional outlook by PwC, the GCC is relocating to insulate its growth from external shocks by deepening international trade combination, protecting commercial supply chains, and carrying out a definitive shift from technology aspiration to functional application.

Navigating the Next GCC Corporate Environment
ANSR July GCC PRs 50DR+ANSR July GCC PRs 50DR+


Negotiations for Free Trade Agreements with China, the EU, and Japan are advancing, while talks with the UK have actually entered final drafting phases. The area is significantly placing itself as a central hub for east-west trade through the IndiaMiddle EastEurope Economic Passage (IMEC). To support domestic production, protecting critical minerals has actually ended up being a strategic concern.

Share us on...