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Affirming the growth of AI in the area, a report released by PwC previously this month said that the usage of AI amongst the workforce in the Middle East continues to rise, with 75 percent of employees 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 said that 84 percent of CEOs in the nation are prepared to deploy AI properly, well above the 76 percent global benchmark, supported by the Kingdom's data governance ecosystem, consisting of national initiatives led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are believing holistically about how to make the region appealing, consisting of having more practical laws to enable for experimentation and development," stated the report.
Methods for Scaling Regional Operations in 2026Top service leaders, policymakers and financiers from the GCC and Latin America just recently explored how nations from the 2 regions can grow trade between each other in Dubai, UAE.More than 500 local and international policymakers, heads of state, CEOs, magnate, investors, and market professionals participated in 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 products from Latin America. And exports to Latin America from the area were $5.6 billion, a declaration from organisers said. Both areas depend on each other for vital products.
In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 per cent of the area's overall sugar imports, it added. Brazil is without a doubt the largest trading partner for countries in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for cars and Chile for wood items, said a declaration.
The forum was arranged by the Dubai Chamber of Commerce under the style "Shifting Synergies", explores how companies can take advantage of the changing patterns of international 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 however globally too, by acting as an info and research centre, by supplying organization paperwork, using legal services, helping with networking chances via signature service events and providing nearly every conceivable organization solution, it stated.
GCC growth will enhance in 2026, led by faster expansion in hydrocarbons; non-oil growth will stay solid however sluggish a little. Non-oil activity will be supported by population development, brand-new markets, and public investment; inflation will stay soft, while financial policy will loosen up. Hydrocarbons sector development will speed up, offsetting in part lower oil rates; fiscal balances will be mixed, with surpluses in UAE and Qatar, but deficits continue somewhere else.
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 skill, said organization leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel discussion on the first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Appear Like", speakers concurred that the emerging regional financial investment landscape appears appealing.
Methods for Scaling Regional Operations in 2026Reacting to a question on local start-ups' prospects of benefiting from recent financial investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have so much choosing us in the area: the low cost of energy, a really progressive government that is ahead in policy, policy and data personal privacy; and really strong academic organizations that are progressively looking at AI and turning out technical skill in AI."She added: "Our ultimate goal is to see this area, particularly the GCC, end up being an AI superpower.
Our biggest chauffeur right now is investing in skill, because in the AI race, it's the technical skill that truly wins.
"International development funds are coming in, which shows clear signs of maturity of the environment The ability of the UAE and local governments to attract skill; their innovation-first technique, abundance of capital here in addition to inflow globally are the crucial foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the number of handle the greatest values, with 250 "largest ticket size" offers recorded in 2025 in the nation.
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