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Verifying the development of AI in the region, a report released by PwC previously this month said that the use of AI amongst the workforce in the Middle East continues to rise, with 75 percent of employees in the region using it in their jobs over the past 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's development in the innovation sector and stated that 84 percent of CEOs in the nation are ready to deploy AI responsibly, well above the 76 percent international benchmark, supported by the Kingdom's data governance environment, consisting of nationwide initiatives led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are believing holistically about how to make the region attractive, including having more practical laws to permit experimentation and growth," said the report.
Driving Organizational Excellence for the 2026 EconomyLeading magnate, policymakers and financiers from the GCC and Latin America just recently explored how countries from the 2 regions can grow trade in between each other in Dubai, UAE.More than 500 regional and international policymakers, presidents, CEOs, organization leaders, investors, and industry professionals attended the very first Global Company Forum Latin America held at the Atlantis Palm - Dubai.
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 declaration from organisers said. Both areas depend on each other for necessary products.
In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 per cent of the region's overall sugar imports, it included. Brazil is by far the largest trading partner for nations in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC counts on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for automobiles and Chile for wood products, stated a declaration.
The online forum was arranged by the Dubai Chamber of Commerce under the style "Moving Synergies", explores how services can take advantage of the altering patterns of global demand and what role Dubai can play in facilitating the next step in company relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however globally too, by acting as an information and research study centre, by supplying organization documentation, offering legal services, assisting in networking opportunities by means of signature company events and delivering nearly every conceivable service service, it specified.
GCC development will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil development will remain solid however slow slightly. Non-oil activity will be supported by population development, new industries, and public financial investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector growth will accelerate, offsetting in part lower oil rates; financial balances will be blended, with surpluses in UAE and Qatar, however deficits persist elsewhere.
SHARJAH (WAM) The GCC and larger Middle East area is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies bring in funds and skill, stated magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel conversation on the very first day of SEF 2026 examining "What Does the Next Year of Venture Capital Look Like", speakers concurred that the emerging regional investment landscape appears promising.
Reacting to a question on regional startups' prospects of taking advantage of recent investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have so much choosing us in the area: the low expense of energy, an extremely progressive government that is ahead in policy, guideline and information personal privacy; and actually strong instructional organizations that are significantly taking a look at AI and ending up technical skill in AI."She added: "Our supreme goal is to see this region, specifically the GCC, become an AI superpower.
Our biggest motorist today is purchasing skill, since in the AI race, it's the technical talent that really wins."Concentrating on the attractiveness of the area for investors, Christos Mastoras, Founder and Handling Partner of Iliad Partners, stated: "I think we are extremely fortunate to onboard the 3 biggest banks of Greece as LPs [Limited Partners] for financial investment in the region.
"International growth funds are coming in, which shows clear indications of maturity of the environment The capability of the UAE and regional governments to draw in skill; their innovation-first method, abundance of capital here along with inflow worldwide are the crucial structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the variety of deals with the highest worths, with 250 "largest ticket size" deals taped in 2025 in the nation.
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