Evaluating Legacy Systems and 2026 Business Strategies

Affirming the growth of AI in the area, a report launched by PwC previously this month stated that the usage of AI among the labor force in the Middle East continues to increase, with 75 percent of workers in the region utilizing it in their tasks over the past 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's progress in the innovation sector and said that 84 percent of CEOs in the country are all set to deploy AI responsibly, well above the 76 percent worldwide criteria, supported by the Kingdom's information governance environment, including nationwide initiatives led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are believing holistically about how to make the region appealing, including having more practical laws to permit for experimentation and development," said the report.

Leading company leaders, policymakers and financiers from the GCC and Latin America just recently checked out how countries from the two areas can grow trade between each other in Dubai, UAE.More than 500 regional and international policymakers, presidents, CEOs, magnate, investors, and industry professionals attended the very first Global Service Online forum Latin America held at the Atlantis Palm - Dubai.

Driving Dubai Corporate Expansion through Strategy

In 2015 the GCC comprised of the UAE, Bahrain, Kuwait, Oman, Qatar and Saudi Arabia, imported $11 billion worth of items from Latin America. And exports to Latin America from the region were $5.6 billion, a statement from organisers stated. Both areas depend on each other for important items.

In 2015 Latin America provided almost half the meat imports into the GCC and 36 per cent of the region's total sugar imports, it included. Brazil is by far the largest trading partner for nations in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for cars and Chile for wood items, stated a statement.

The online forum was arranged by the Dubai Chamber of Commerce under the style "Moving Synergies", explores how organizations can take advantage of the altering patterns of worldwide need and what function Dubai can play in assisting in the next action in business relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however internationally too, by functioning as an information and research study centre, by supplying service documentation, using legal services, assisting in networking chances by means of signature business events and providing practically every possible company solution, it stated.

GCC growth will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain solid but sluggish a little. Non-oil activity will be supported by population development, brand-new industries, and public financial investment; inflation will stay soft, while financial policy will loosen up. Hydrocarbons sector growth will speed up, balancing out in part lower oil rates; fiscal balances will be blended, with surpluses in UAE and Qatar, but deficits persist somewhere else.

Reviewing 2026 GCC Research for Strategic Insights

SHARJAH (WAM) The GCC and wider Middle East area is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies attracting funds and talent, stated magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel discussion on the first day of SEF 2026 taking a look at "What Does the Next Year of Endeavor Capital Appear Like", speakers agreed that the emerging regional investment landscape appears appealing.

ANSR July GCC PRs 50DR+

Reacting to a concern on local startups' potential customers of taking advantage of recent financial investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC said: "We have so much choosing us in the area: the low expense of energy, a really progressive federal government that is ahead in policy, policy and data privacy; and truly strong academic organizations that are significantly taking a look at AI and turning out technical talent in AI."She added: "Our ultimate objective is to see this area, specifically the GCC, end up being an AI superpower.

Our most significant motorist today is purchasing talent, because in the AI race, it's the technical skill that actually wins."Focusing on the appearance of the area for investors, Christos Mastoras, Founder and Handling Partner of Iliad Partners, stated: "I think we are really lucky to onboard the 3 largest banks of Greece as LPs [Limited Partners] for financial investment in the region.

"International growth funds are being available in, which shows clear indications of maturity of the community The ability of the UAE and regional federal governments to bring in skill; their innovation-first approach, abundance of capital here as well as inflow globally are the essential foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the number of handle the greatest worths, with 250 "largest ticket size" offers taped in 2025 in the nation.