Mobility Innovation Is Driving Change Across The GCC

In an interview with CNN Business Arabic, Alessandro Tricamo discusses why the GCC is at an inflection point for mobility. We estimate that the Middle East mobility market will grow from $11 billion in 2023 to $18 billion by 2035, driven by shared mobility, autonomous features, and micromobility. “We expect the transport sector to increasingly become an important element in GDP contribution across the region and support the diversification from oil economies,” he said.

The GCC Railway has the potential to radically transform regional connectivity and trade, though timing remains a critical factor. To realize this vision, financing approaches must move beyond traditional government budgets and embrace innovative solutions, such as sukuk and selective private participation, while integrating unified, data-driven technologies — including cross-border ticketing that balances privacy — and leveraging AI for predictive maintenance, on-demand services, and enhanced customer experiences.

Momentum exists — now we need faster delivery to turn potential into real economic diversification.

Watch the full interview here.