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Affirming the development of AI in the area, a report released by PwC earlier this month said that the usage of AI among the workforce in the Middle East continues to rise, with 75 percent of employees in the area utilizing it in their tasks over the past 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's progress in the technology sector and stated that 84 percent of CEOs in the country are ready to deploy AI responsibly, well above the 76 percent international criteria, supported by the Kingdom's information governance environment, including national initiatives led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are believing holistically about how to make the region appealing, including having more pragmatic laws to enable experimentation and development," stated the report.
Will Market Research Define Middle East Corporate Success?Leading company leaders, policymakers and investors from the GCC and Latin America recently checked out how nations from the two regions can grow trade in between each other in Dubai, UAE.More than 500 local and global policymakers, heads of state, CEOs, magnate, financiers, and market professionals went to the first Global Organization Online 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 stated. Both areas count on each other for necessary items.
In 2015 Latin America provided almost half the meat imports into the GCC and 36 percent of the region's overall sugar imports, it included. Brazil is by far the biggest trading partner for nations in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC relies on Brazil for meat (generally poultry), Argentina for cereals, Mexico for cars and Chile for wood products, stated a statement.
The online forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how organizations can gain from the changing patterns of international demand and what function Dubai can play in helping with the next action in company relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however internationally too, by functioning as an information and research centre, by offering service paperwork, providing legal services, helping with networking opportunities via signature organization events and providing nearly every imaginable organization solution, it stated.
GCC growth will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil growth will stay solid but slow somewhat. Non-oil activity will be supported by population development, new industries, and public investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector development will speed up, balancing out in part lower oil rates; financial balances will be blended, with surpluses in UAE and Qatar, however deficits persist in other places.
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 attracting funds and skill, said organization leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel discussion on the very first day of SEF 2026 examining "What Does the Next Year of Equity Capital Look Like", speakers agreed that the emerging local investment landscape appears promising.
Will Market Research Define Middle East Corporate Success?Reacting to a question on local start-ups' potential customers of gaining from recent investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC stated: "We have a lot choosing us in the region: the low cost of energy, a really progressive government that is ahead in policy, policy and data privacy; and actually strong instructional organizations that are increasingly taking a look at AI and ending up technical skill in AI."She added: "Our ultimate goal is to see this region, particularly the GCC, end up being an AI superpower.
Our greatest motorist right now is investing in skill, because in the AI race, it's the technical talent that truly wins.
"International development funds are being available in, which reveals clear indications of maturity of the community The capability of the UAE and regional governments to draw in talent; their innovation-first method, abundance of capital here along with inflow globally are the key building blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the number of handle the greatest worths, with 250 "biggest ticket size" deals tape-recorded in 2025 in the nation.
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