Optimism & accelerated growth
73% of Middle East CEOs expect regional growth to improve, compared to 44% of their global peers who feel the same way about their own territories.
66% of CEOs in our region are confident of revenue growth in 2024, versus an average of 47% of their global peers anticipating growth in their own organisations
The reinvention imperative
48% of Middle East CEOs don’t think their companies will be economically viable in 10 years from now if they do not evolve, up from 35% last year.
73% are optimistic about the potential impact of GenAI, believing that it will significantly change the way their company creates, delivers and captures value in the next three years.
53% said they were innovating new climate-friendly products or services, closely aligning with 58% globally.
A resilient mindset
The risks related to geopolitical conflict are firmly on the agenda for 71% of CEOs in our region, with more than a third saying their company is very highly or extremely exposed.
38% feel that inflation will be a key threat to their organisations over the next 12 months – partly driven by concerns over geopolitical conflict – with cyber security also posing a major potential issue.
