Major trends for the future in the GCC
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Renewable energy
GCC countries are working towards a green economy by highlighting the need to shift away from finite energy resources by introducing new laws and regulations promoting the shift towards renewable energy and helping in achieving the clean energy set targets.
Business Opportunities
Solar & wind utility projects
Small-scale and decentralized solar systems (rooftop)
Energy storage
Other innovative solutions
Energy
The GCC region has the highest level of investment in power infrastructure, public and private, of any group of countries worldwide. Rapidly growing population and urbanization, rising income levels, and industrialization are the market drivers for the rise in electricity and water consumption in the GCC region.
Business Opportunities
Industrial automation
Water and waste-water treatment plants
Desalination plants
Conventional power plants
Water & power efficiencies
Other innovative solutions
Circular Economy
The predominant method of solid waste disposal in GCC is landfilling.
The GCC has started to realize the importance of sustainable waste management where Waste-to-Energy, recycling plants and material recovery facilities are currently being planned to address the waste management issues and expected to gain momentum over the coming years.
Business Opportunities
Waste to Energy
Recycling centers
Materials recovery facilities
Waste management solutions
Other innovative solutions
Food Security and Agri-Tech
The GCC countries has high dependency on food imports with up to 90 % of the demand. The GCC food system is undergoing a monumental shift toward a technology-enabled farming model to enhance food sovereignty and self-sufficiency and are currently implementing policies and strategies in addition to investing heavily towards increasing domestic agricultural production via promoting protected and controlled environment agriculture.
Business Opportunities
Vertical farming
Controlled Environment Agriculture
Hydroponics
Aquaculture
Agricultural automation and logistics
Modern animal husbandry
Other innovative solutions
Technology & digitalization
UAE National Innovation Strategy identified digital technology as one of the top seven primary national sectors. The strategy focuses on the development of smart cities, software, and applications including advanced technology in areas of global interest such as artificial intelligence, semiconductors, nanotechnology, and 3D printing, as well as the quick adoption of technology across various industries.
The Kingdom of Saudi Arabia Vision 2030 sets as one of its ambitious nationwide goals to raise the country’s ranking in the E-Government Survey Index to among the top five nations. The National Transformation Program 2020 has prioritized digital transformation as one of the top four Common National Goals.
Business Opportunities
Artificial Intelligence and Machine Learning
Digital platforms
IT services
Tracking and recognition technology
Nanotechnology
Biotechnology
E-Governance
Other innovative solutions