All Categories
Featured
Table of Contents
Affirming the development of AI in the area, a report released by PwC earlier this month stated 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 launched by KPMG highlighted Saudi Arabia's progress 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 worldwide benchmark, supported by the Kingdom's data governance environment, consisting of national efforts led by the Saudi Data and Expert System Authority.
Policymakers are thinking holistically about how to make the region attractive, including having more pragmatic laws to permit experimentation and growth," said the report.
Utilizing Market Research to Effectively Drive Operational GrowthLeading organization leaders, policymakers and financiers from the GCC and Latin America just recently checked out how countries from the two areas can grow trade between each other in Dubai, UAE.More than 500 regional and global policymakers, heads of state, CEOs, magnate, financiers, and industry specialists participated in the 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 statement from organisers said. Both areas count on each other for essential items.
In 2015 Latin America provided 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 largest trading partner for countries in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC counts on Brazil for meat (generally poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, stated a declaration.
The online forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how organizations can benefit from the altering patterns of global need and what function Dubai can play in helping with the next action in service 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 providing company documents, offering legal services, facilitating networking chances through signature service events and providing almost every possible organization option, it stated.
GCC development will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil development will remain solid but slow somewhat. Non-oil activity will be supported by population development, new industries, and public investment; inflation will stay soft, while financial policy will loosen. Hydrocarbons sector growth will accelerate, balancing out in part lower oil prices; fiscal balances will be mixed, with surpluses in UAE and Qatar, however deficits persist somewhere else.
SHARJAH (WAM) The GCC and larger Middle East area is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies drawing in funds and talent, stated company leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel conversation on the very first day of SEF 2026 examining "What Does the Next Year of Equity Capital Appear Like", speakers agreed that the emerging regional investment landscape appears promising.
Responding to a concern on local start-ups' potential customers of benefiting from current financial investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC said: "We have a lot going for us in the region: the low expense of energy, an extremely progressive government that is ahead in policy, policy and information privacy; and really strong universities that are progressively looking at AI and turning out technical skill in AI."She added: "Our ultimate goal is to see this area, specifically the GCC, end up being an AI superpower.
Our greatest chauffeur right now is investing in talent, since in the AI race, it's the technical skill that actually wins.
"International growth funds are can be found in, which reveals clear signs of maturity of the community The ability of the UAE and regional federal governments to attract talent; their innovation-first approach, abundance of capital here along with inflow globally are the essential structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the number of deals with the greatest values, with 250 "largest ticket size" offers tape-recorded in 2025 in the country.
Latest Posts
Managing the 2026 GCC Business Environment for Leaders
Key Trends in the Future GCC Economy
Future-Focused Corporate Models Within 2026 Ecosystems
