All Categories
Featured
Table of Contents
Verifying the growth of AI in the area, a report released by PwC earlier this month stated that the usage of AI among the workforce in the Middle East continues to rise, with 75 percent of employees in the area using it in their tasks over the past 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's progress in the innovation sector and stated that 84 percent of CEOs in the nation are all set to release AI properly, well above the 76 percent international criteria, supported by the Kingdom's data governance community, consisting of nationwide initiatives led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are thinking holistically about how to make the region attractive, consisting of having more pragmatic laws to permit for experimentation and development," stated the report.
Ways to Optimize GCC Corporate PlanningLeading company leaders, policymakers and financiers from the GCC and Latin America just recently checked out how nations from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 local and international policymakers, heads of state, CEOs, company leaders, financiers, and market professionals went to the first Global Business Online 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 area were $5.6 billion, a statement from organisers stated. Both areas depend on each other for essential items.
In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the area's total sugar imports, it added. Brazil is without a doubt the largest trading partner for countries in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (generally poultry), Argentina for cereals, Mexico for cars and Chile for wood items, said a declaration.
The online forum was arranged by the Dubai Chamber of Commerce under the style "Shifting Synergies", checks out how companies can benefit from the altering patterns of worldwide demand and what function Dubai can play in helping with the next action in organization relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but globally too, by acting as an information and research centre, by supplying company documents, offering legal services, helping with networking opportunities by means of signature service events and providing almost every possible company solution, it specified.
GCC development will enhance in 2026, led by faster growth in hydrocarbons; non-oil growth will stay solid but slow somewhat. 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, balancing out in part lower oil costs; financial balances will be mixed, with surpluses in UAE and Qatar, but deficits continue elsewhere.
SHARJAH (WAM) The GCC and larger Middle East region is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused 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 taking a look at "What Does the Next Year of Equity Capital Look Like", speakers concurred that the emerging regional investment landscape appears appealing.
Ways to Optimize GCC Corporate PlanningReacting to a question on regional startups' prospects of taking advantage of current financial investments in digital infrastructure, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have so much opting for us in the area: the low cost of energy, an extremely progressive government that is ahead in policy, guideline and data privacy; and actually strong academic organizations that are significantly taking a look at AI and ending up technical skill in AI."She included: "Our supreme goal is to see this region, particularly the GCC, become an AI superpower.
Our biggest motorist right now is investing in skill, due to the fact that in the AI race, it's the technical talent that actually wins.
"International growth funds are can be found in, which shows clear indications of maturity of the ecosystem The ability of the UAE and regional governments to draw in skill; their innovation-first technique, abundance of capital here as well as inflow worldwide are the crucial foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the variety of offers with the highest values, with 250 "biggest ticket size" deals recorded in 2025 in the country.
Latest Posts
How to Deploy Advanced Strategies for 2026
Corporate Strategy for GCC Success
Why Does Business Excellence Vital for 2026 Expansion?