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Affirming the growth of AI in the area, a report launched by PwC previously this month stated that the use of AI amongst the workforce in the Middle East continues to rise, with 75 percent of staff members in the region using 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 country are ready to release AI properly, well above the 76 percent international standard, supported by the Kingdom's information governance community, including nationwide efforts led by the Saudi Data and Expert System Authority.
Policymakers are believing holistically about how to make the region appealing, including having more practical laws to permit experimentation and development," said the report.
Corporate Planning for Regional SuccessLeading magnate, policymakers and investors from the GCC and Latin America just recently explored how countries from the two regions can grow trade between each other in Dubai, UAE.More than 500 regional and international policymakers, heads of state, CEOs, magnate, financiers, and industry professionals attended the first Global Service Forum Latin America held at the Atlantis Palm - Dubai.
In 2015 the GCC comprised of the UAE, Bahrain, Kuwait, Oman, Qatar and Saudi Arabia, imported $11 billion worth of items from Latin America. And exports to Latin America from the area were $5.6 billion, a declaration from organisers said. Both regions rely on each other for vital items.
In 2015 Latin America provided nearly 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 depends on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for vehicles and Chile for wood products, said a declaration.
The forum was arranged by the Dubai Chamber of Commerce under the style "Shifting Synergies", checks out how organizations can benefit from the altering patterns of worldwide demand and what function Dubai can play in assisting in the next step in business relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however worldwide too, by acting as an information and research study centre, by providing company documents, providing legal services, assisting in networking opportunities via signature company occasions and delivering nearly every conceivable service solution, it mentioned.
GCC growth will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil development will remain solid however slow slightly. Non-oil activity will be supported by population growth, brand-new industries, and public financial investment; inflation will stay soft, while monetary policy will loosen up. Hydrocarbons sector growth will accelerate, offsetting in part lower oil rates; financial balances will be blended, with surpluses in UAE and Qatar, however deficits persist elsewhere.
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 government policies attracting funds and talent, stated business leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the very first day of SEF 2026 analyzing "What Does the Next Year of Endeavor Capital Look Like", speakers concurred that the emerging regional financial investment landscape appears promising.
Corporate Planning for Regional SuccessResponding to a question on regional startups' potential customers of gaining from recent financial investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have so much opting for us in the region: the low expense of energy, a very progressive government that is ahead in policy, policy and information privacy; and really strong educational organizations that are significantly taking a look at AI and ending up technical talent in AI."She added: "Our supreme goal is to see this region, particularly the GCC, become an AI superpower.
Our greatest chauffeur right now is investing in skill, since in the AI race, it's the technical skill that truly wins.
"International growth funds are being available in, which shows clear signs of maturity of the ecosystem The ability of the UAE and regional federal governments to attract skill; their innovation-first method, abundance of capital here as well as inflow worldwide are the key structure blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the variety of deals with the highest values, with 250 "biggest ticket size" deals recorded in 2025 in the country.
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