Moonshot MENA’ report launched in partnership with PwC’s Strategy& Middle East

Moonshot MENA’ report launched in partnership with PwC’s Strategy& Middle East

DUBAI: The World Government Summit today launched a report entitled “Moonshot MENA: Making the Middle East the new cradle of innovation,” in partnership with Strategy& Middle East, part of the PwC network.

The report highlights the opportunities for the Middle East and North Africa (MENA) region to become a global force in innovation across a range of areas, including transforming energy into food, space exploration, healthcare, and climate technologies, while outlining critical elements that would be needed to achieve these aspirations.

The report notes that governments and private-sector companies in the region already have ambitious and large-scale development plans, such as Saudi Arabia’s Vision 2030 and the UAE’s Vision 2071, which seek to harness technologies to transform their economies into efficient and sustainable engines of prosperity.

As per the report, the MENA region faces so-called “wicked” challenges that are both complex and interrelated, notably including acute water scarcity, heavy dependence on imported food, and relatively high incidences of obesity, diabetes, and cardiovascular disease.

Addressing such challenges and harnessing the role of global leadership in future-oriented sectors will require a paradigm shift in the way regional leaders conceive ideas and transform them into tangible realities.

“Incremental change won’t be enough to meet the aspirations and potential