Loding Loading ...
X
Century is regulated by the Capital Market Authority. CFDs are leveraged products that incur a high level of risk. Know more

Monday, January 26, 2026

Middle East CEOs among the most confident globally, driven by investment momentum

By Bal Krishen in 'Century in News'

Middle East CEOs among the most confident...

Bal Krishen, January 26, 2026, Arab News

RIYADH: CEOs in the Middle East remain among the most confident globally, with 88 percent expecting economic growth in their territories to strengthen, compared with a global average of 55 percent, according to a survey by PwC.

In its latest report, the professional services firm underlined that business chiefs in the Middle East continue to deploy capital, scale artificial intelligence and expand selectively into new sectors, supported by a strong investment momentum and long-term national transformation agendas.

Confidence in economic growth is even higher among CEOs in the Gulf Cooperation Council, with 93 percent of business leaders expressing an optimistic outlook for the future.

The findings by PwC align with a report released by KPMG in November, which said that CEOs in the Middle East are entering 2026 with stronger confidence levels and a higher readiness to deploy AI responsibly than many of their international peers.

Dealmaking shifts toward capability-led growth

PwC said that mergers and acquisitions demand remains strong in the GCC region, with 72 percent of Middle East CEOs planning a major acquisition over the next three years.

The report added that deal activity reflects a growing emphasis on capability-building, as CEOs look to strengthen skills, talent and data to support long-term growth.

Bal Krishen, chairman at Century Financial, told Arab News that the PwC survey findings point to the region’s growing attractiveness for dealmakers as ambitious national visions and robust economic growth underpin this momentum.
“Companies are already expanding into new regions, competing more aggressively for skilled talent, and acquiring advanced technologies to stay ahead. Sovereign wealth funds are playing a central role in this shift, actively supporting diversification into renewables, digital infrastructure, and advanced manufacturing,” added Krishen.

Source

Arab News