I don't think correlation equals or automatically means causation. The fact that countries like U.A.E. and others are at Davos for the annual meeting of the rich and political elites don't mean what you implied. They are there for economic, political, and strategic reasons. Meaning that those countries in my opinion are trying to diversify away from their usual product which is CRUDE OIL due to the intentions, focus, and actions of the west regarding "CLIMATE CHANGE AGENDA."yes Arab influence will further increase as the rest of the world in conflict with West.
They are in Davos with three pavilions.
Being influential means having the ability to INFLUENCE WHICH MEANS ACTUALLY able to create or force a favorable outcome in policies be it economic, military, social and especially political. We have yet to see these domain to be affected with any meaningful and tangible change on the ground and even perception wise.
The recent World cup held in U.A.E. along with F1 races are not going to change and have not changed the dynamics with the vast majority of people in Europe, America, Canada I.e. the entire global north. The 1% and the elites don't represent their population no more than the wealthy sheiks of those Arab countries you seem to suggest.