Driving Dubai Corporate Expansion through Innovation thumbnail

Driving Dubai Corporate Expansion through Innovation

Published en
4 min read


Affirming the growth of AI in the area, a report released by PwC previously this month said that the use of AI amongst the labor force in the Middle East continues to increase, with 75 percent of workers in the area utilizing 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 deploy AI properly, well above the 76 percent worldwide benchmark, supported by the Kingdom's information governance community, consisting of national initiatives led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are thinking holistically about how to make the region appealing, including having more pragmatic laws to allow for experimentation and development," said the report.

Leading company leaders, policymakers and financiers from the GCC and Latin America recently explored how nations from the two regions can grow trade in between each other in Dubai, UAE.More than 500 local and international policymakers, presidents, CEOs, business leaders, financiers, and market specialists participated in the very first Global Business Online forum Latin America held at the Atlantis Palm - Dubai.

The Operational Advantages of Advanced Market Research

In 2015 the GCC comprised 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 statement from organisers stated. Both regions count on each other for important items.

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 without a doubt the biggest trading partner for countries in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, said a declaration.

The forum was arranged by the Dubai Chamber of Commerce under the style "Shifting Synergies", explores how businesses can benefit from the changing patterns of worldwide need and what function Dubai can play in assisting in the next step in business relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however worldwide too, by acting as a details and research centre, by offering service documents, using legal services, facilitating networking chances through signature company events and providing almost every conceivable business solution, it specified.

GCC growth will reinforce in 2026, led by faster growth in hydrocarbons; non-oil development will remain strong but slow somewhat. Non-oil activity will be supported by population growth, new markets, and public financial investment; inflation will remain soft, while monetary policy will loosen. Hydrocarbons sector growth will speed up, offsetting in part lower oil prices; financial balances will be mixed, with surpluses in UAE and Qatar, however deficits persist somewhere else.

Predicting the 2026 Middle East Business Landscape

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 drawing in funds and skill, stated business leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel discussion on the very first day of SEF 2026 examining "What Does the Next Year of Endeavor Capital Appear Like", speakers agreed that the emerging local investment landscape appears promising.

The Attraction of Saudi Arabia's New Business Ecosystems
ANSR July GCC PRs 50DR+ANSR July GCC PRs 50DR+


Reacting to a question on local startups' prospects of gaining from recent financial investments in digital facilities, Tala Al Jabri, Founder and Handling Partner of Wyld VC said: "We have a lot opting for us in the area: the low expense of energy, an extremely progressive government that is ahead in policy, policy and information privacy; and actually strong academic institutions that are significantly taking a look at AI and ending up technical skill in AI."She added: "Our supreme objective is to see this area, specifically the GCC, end up being an AI superpower.

Our biggest motorist today is buying talent, because in the AI race, it's the technical talent that actually wins."Focusing on the beauty of the area for investors, Christos Mastoras, Founder and Handling Partner of Iliad Partners, said: "I think we are very fortunate to onboard the 3 biggest banks of Greece as LPs [Limited Partners] for financial investment in the region.

"International growth funds are coming in, which shows clear signs of maturity of the ecosystem The capability of the UAE and local governments to attract talent; their innovation-first approach, abundance of capital here along with inflow globally are the essential building blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the number of handle the highest values, with 250 "biggest ticket size" deals recorded in 2025 in the country.

Latest Posts