Evaluating Legacy Models and 2026 Business Frameworks

Verifying the growth of AI in the area, a report launched by PwC earlier this month said that the usage of AI among the labor force in the Middle East continues to increase, with 75 percent of workers in the region utilizing it in their jobs 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 worldwide criteria, supported by the Kingdom's data governance community, including nationwide efforts led by the Saudi Data and Expert System Authority.

Policymakers are thinking holistically about how to make the area attractive, including having more pragmatic laws to permit experimentation and growth," said the report.

Leading company leaders, policymakers and investors from the GCC and Latin America recently checked out how countries from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 regional and global policymakers, heads of state, CEOs, company leaders, investors, and industry professionals went to the very first Global Business Online forum Latin America held at the Atlantis Palm - Dubai.

Evaluating Traditional Models and Future Business Frameworks

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 count on each other for important items.

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 by far the largest trading partner for countries in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC depends on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for lorries and Chile for wood items, stated a statement.

The online forum was arranged by the Dubai Chamber of Commerce under the style "Moving Synergies", explores how organizations can take advantage of the altering patterns of worldwide demand and what function Dubai can play in facilitating the next action in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but worldwide too, by functioning as an info and research study centre, by supplying service documents, providing legal services, assisting in networking opportunities by means of signature business events and delivering practically every possible company option, it mentioned.

GCC growth will strengthen in 2026, led by faster growth in hydrocarbons; non-oil growth will remain strong but sluggish somewhat. Non-oil activity will be supported by population development, new markets, and public financial investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector development will accelerate, offsetting in part lower oil prices; fiscal balances will be mixed, with surpluses in UAE and Qatar, but deficits persist in other places.

How to Maintain a Leading Edge in 2026

SHARJAH (WAM) The GCC and wider Middle East area is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies bring in funds and talent, said 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 Equity Capital Look Like", speakers agreed that the emerging local investment landscape appears appealing.

ANSR July GCC PRs 50DR+

Responding to a question on regional start-ups' potential customers of benefiting from current financial investments in digital facilities, Tala Al Jabri, Founder and Handling Partner of Wyld VC said: "We have a lot going for us in the region: the low cost of energy, an extremely progressive government that is ahead in policy, policy and data privacy; and actually strong universities that are increasingly taking a look at AI and turning out technical talent in AI."She added: "Our supreme goal is to see this region, particularly the GCC, become an AI superpower.

Our biggest driver right now is buying talent, because in the AI race, it's the technical talent that actually wins."Concentrating on the beauty of the area for investors, Christos Mastoras, Creator and Managing Partner of Iliad Partners, said: "I believe we are very lucky to onboard the 3 largest banks of Greece as LPs [Limited Partners] for investment in the region.

"International development funds are being available in, which reveals clear signs of maturity of the community The capability of the UAE and local governments to bring in talent; their innovation-first method, abundance of capital here along with inflow internationally are the key structure blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the variety of deals with the greatest values, with 250 "biggest ticket size" deals recorded in 2025 in the nation.