Global sales of electric cars weakened during the first quarter with the top markets of China and US leading the sales decline. In 43 key markets analysed by the consulting firm PwC, the number of electric cars sold was 1% lower than in the same period in 2025, at just under 2.7 million.
Nearly all CEOs in Qatar expect the economy to improve over the next year, with 97% expressing confidence in domestic growth, according to PwC’s 29th Global CEO Survey.
Saudi Arabia’s non-oil economy is entering a new phase. After a decade of rapid expansion driven by reform and public investment, future growth is expected to be shaped less by scale and more by competitiveness, productivity and export capability.
Saudi Arabia’s sweeping diversification drive has transformed the structure of its economy, but the next phase must focus on quality and productivity rather than scale, as oil market dynamics continue to shape non-oil performance, according to PwC.
PwC Middle East has appointed Khaled Ahmed Bin Braik as Country Senior Partner for the United Arab Emirates, effective April 1, 2026, marking an important step in strengthening the firm’s leadership as it supports the country’s long-term growth and ambition.
A new PwC Middle East report, ' AI at the heart of tourism and hospitality: powering personalisation, efficiency and growth', reveals that while 91% of regional industry leaders are already piloting or using AI technologies, only 3% have achieved full-scale implementation.
The GCC has established itself as a global stage for major sporting events – and now stands to capture a share of the $2 trillion global sports tourism market by 2030, according to new PwC Middle East report.
As the GCC enters 2026, economic policy is being shaped by tighter external conditions, accelerating technological change and a more fragmented global trading system, says an expert.
Middle East CEOs remain among the most confident globally, with 88% expecting economic growth to strengthen in their own territories, and this is even higher at 93% across the GCC, compared with just 55% of CEOs globally, according to a PwC report.
PwC, a leading management consultancy company, has appointed Laura Hinton as the incoming Middle East Senior Partner, succeeding Hani Ashkar at the conclusion of his term.