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Verifying the growth of AI in the region, a report released by PwC earlier this month stated that the usage of AI among the labor force in the Middle East continues to increase, with 75 percent of employees in the region using it in their jobs over the past 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's progress in the innovation sector and stated that 84 percent of CEOs in the country are prepared to release AI properly, well above the 76 percent international criteria, supported by the Kingdom's information governance community, consisting of national efforts led by the Saudi Data and Expert System Authority.
Policymakers are thinking holistically about how to make the area appealing, including having more practical laws to permit experimentation and growth," stated the report.
Assessing the ROI of Third-Party Managed Services in 2026Top magnate, policymakers and investors from the GCC and Latin America recently checked out how nations from the two areas can grow trade between each other in Dubai, UAE.More than 500 regional and international policymakers, heads of state, CEOs, magnate, financiers, and industry experts participated in the very first Global Organization Online forum Latin America held at the Atlantis Palm - Dubai.
In 2015 the GCC made up of the UAE, Bahrain, Kuwait, Oman, Qatar and Saudi Arabia, imported $11 billion worth of goods from Latin America. And exports to Latin America from the region were $5.6 billion, a declaration from organisers said. Both regions depend on each other for vital items.
In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the region's overall sugar imports, it added. Brazil is without a doubt 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 (generally poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, said a declaration.
The online forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how businesses can take advantage of the altering patterns of worldwide need and what role Dubai can play in helping with the next action in business relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but worldwide too, by serving as a details and research centre, by offering organization documents, providing legal services, helping with networking opportunities by means of signature business events and providing almost every conceivable company option, it mentioned.
GCC development will enhance in 2026, led by faster expansion in hydrocarbons; non-oil growth will stay strong however slow a little. Non-oil activity will be supported by population growth, brand-new markets, and public financial investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector development will speed up, offsetting in part lower oil rates; fiscal balances will be combined, with surpluses in UAE and Qatar, but deficits persist elsewhere.
SHARJAH (WAM) The GCC and broader Middle East region is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies drawing in funds and talent, stated magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel conversation on the very first day of SEF 2026 examining "What Does the Next Year of Endeavor Capital Look Like", speakers concurred that the emerging regional financial investment landscape appears appealing.
The Strategic Worth of Nearshoring Within the GCCReacting to a question on regional startups' prospects of taking advantage of current investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have a lot choosing us in the area: the low cost of energy, an extremely progressive federal government that is ahead in policy, guideline and data privacy; and actually strong universities that are significantly looking at AI and turning out technical talent in AI."She added: "Our supreme goal is to see this region, specifically the GCC, end up being an AI superpower.
Our most significant driver right now is investing in skill, since in the AI race, it's the technical talent that actually wins."Concentrating on the beauty of the region for investors, Christos Mastoras, Creator and Handling Partner of Iliad Partners, stated: "I think we are very lucky to onboard the three biggest banks of Greece as LPs [Limited Partners] for investment in the region.
"International growth funds are coming in, which shows clear signs of maturity of the environment The capability of the UAE and regional federal governments to draw in talent; their innovation-first method, abundance of capital here as well as inflow globally are the essential building blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of offers with the greatest values, with 250 "largest ticket size" offers taped in 2025 in the nation.
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