All Categories
Featured
Table of Contents
Affirming the growth of AI in the region, a report released by PwC previously this month said that the use of AI among the labor force in the Middle East continues to increase, with 75 percent of staff members in the area using it in their jobs over the past 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's development in the innovation sector and said that 84 percent of CEOs in the country are ready to release AI responsibly, well above the 76 percent international criteria, supported by the Kingdom's information governance ecosystem, including national initiatives led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are thinking holistically about how to make the area appealing, including having more pragmatic laws to enable experimentation and development," said the report.
Accelerating Dubai Industrial Growth through InnovationTop company leaders, policymakers and financiers from the GCC and Latin America just recently explored how countries from the two areas can grow trade in between each other in Dubai, UAE.More than 500 local and worldwide policymakers, presidents, CEOs, magnate, financiers, and market professionals participated in the very first Global Service 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 products from Latin America. And exports to Latin America from the region were $5.6 billion, a declaration from organisers stated. Both regions rely on each other for essential products.
In 2015 Latin America supplied almost half the meat imports into the GCC and 36 per cent of the region's overall sugar imports, it added. Brazil is by far the biggest trading partner for countries in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC relies on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, stated a declaration.
The forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how organizations can gain from the changing patterns of global demand and what role Dubai can play in facilitating the next action in company relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but worldwide too, by serving as an info and research study centre, by offering business documents, offering legal services, facilitating networking chances through signature business occasions and delivering practically every imaginable organization solution, it specified.
GCC development will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil growth will stay solid but slow slightly. Non-oil activity will be supported by population growth, new markets, and public investment; inflation will stay soft, while financial policy will loosen up. Hydrocarbons sector development will accelerate, balancing out in part lower oil costs; financial balances will be mixed, with surpluses in UAE and Qatar, however deficits persist somewhere else.
SHARJAH (WAM) The GCC and broader Middle East region is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies bring in funds and talent, stated magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the very first day of SEF 2026 taking a look at "What Does the Next Year of Endeavor Capital Look Like", speakers agreed that the emerging regional financial investment landscape appears promising.
Why Future-Focused Strategy Reshapes the 2026 Regional EconomyReacting to a question on local startups' prospects of benefiting from recent 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 region: the low cost of energy, a really progressive federal government that is ahead in policy, policy and data privacy; and actually strong universities that are significantly taking a look at AI and ending up technical talent in AI."She added: "Our ultimate objective is to see this area, particularly the GCC, end up being an AI superpower.
Our most significant driver right now is investing in talent, because in the AI race, it's the technical skill that truly wins.
"International development funds are coming in, which shows clear indications of maturity of the ecosystem The ability of the UAE and regional governments to draw in talent; their innovation-first method, abundance of capital here as well as inflow globally are the crucial building blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of handle the greatest worths, with 250 "largest ticket size" offers taped 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?
