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Affirming the growth of AI in the region, a report launched by PwC earlier this month said that the usage of AI among the labor force in the Middle East continues to rise, with 75 percent of workers in the region using 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 stated that 84 percent of CEOs in the nation are ready to release AI properly, well above the 76 percent global criteria, supported by the Kingdom's information governance ecosystem, consisting of nationwide initiatives led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are thinking holistically about how to make the area attractive, consisting of having more pragmatic laws to enable for experimentation and development," said the report.
The Benefits for Strategic Excellence in 2026Leading organization leaders, policymakers and investors from the GCC and Latin America just recently explored 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, service leaders, financiers, and industry specialists went to the first Global Organization 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 items from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers stated. Both regions depend on each other for necessary items.
In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 per cent of the region's total sugar imports, it added. Brazil is by far the biggest trading partner for nations in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC relies on Brazil for meat (generally poultry), Argentina for cereals, Mexico for vehicles and Chile for wood items, stated a declaration.
The online forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how companies can gain from the altering patterns of international demand and what role Dubai can play in assisting in the next step in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but globally too, by serving as an information and research centre, by supplying business documents, using legal services, facilitating networking opportunities via signature organization occasions and delivering almost every conceivable business service, it specified.
GCC development will reinforce in 2026, led by faster growth in hydrocarbons; non-oil development will remain solid however slow slightly. Non-oil activity will be supported by population development, new markets, and public investment; inflation will stay soft, while monetary policy will loosen up. Hydrocarbons sector growth will accelerate, balancing out in part lower oil prices; fiscal balances will be mixed, with surpluses in UAE and Qatar, but deficits continue elsewhere.
SHARJAH (WAM) The GCC and wider 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 attracting funds and talent, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel conversation on the very first day of SEF 2026 analyzing "What Does the Next Year of Venture Capital Look Like", speakers concurred that the emerging local investment landscape appears appealing.
Navigating Regional Market Strategy for 2026Reacting to a concern on local start-ups' 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 a lot choosing us in the region: the low cost of energy, an extremely progressive government that is ahead in policy, guideline and data privacy; and actually strong instructional institutions that are increasingly taking a look at AI and turning out technical skill in AI."She included: "Our ultimate goal is to see this region, particularly the GCC, become an AI superpower.
Our most significant driver right now is investing in talent, because in the AI race, it's the technical skill that really wins.
"International development funds are can be found in, which reveals clear signs of maturity of the ecosystem The ability of the UAE and regional federal governments to draw in talent; their innovation-first approach, abundance of capital here in addition to inflow internationally are the key building blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the variety of handle the greatest worths, with 250 "largest ticket size" offers recorded in 2025 in the country.
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