CEOs in the Middle East are confident in regional growth and are transforming their businesses embracing new technologies, investing, driving cost efficiencies, moving on deal activity and mitigating the risk of climate change, a report said.
While the global economy is expected to face weak growth and the possibility of recessions, as well as continued inflationary pressures, GCC economies are expected to weather the global slowdown, according to the latest PwC Middle East Economy Watch.
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The Middle East can play a crucial role in advancing the global climate change agenda over the next decade and the region is well positioned to drive the transition to a low-emissions economy, a recent workshop heard.