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Verifying the development of AI in the region, a report released by PwC previously this month stated that the usage of AI among the labor force in the Middle East continues to increase, with 75 percent of workers in the area 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 nation are ready to deploy AI responsibly, well above the 76 percent global standard, supported by the Kingdom's information governance ecosystem, including national initiatives led by the Saudi Data and Expert System Authority.
Policymakers are believing holistically about how to make the region attractive, including having more pragmatic laws to permit experimentation and growth," said the report.
Adapting Your Operations to New Omani Business MandatesLeading magnate, policymakers and financiers from the GCC and Latin America just recently checked out how nations from the 2 regions can grow trade in between each other in Dubai, UAE.More than 500 regional and international policymakers, heads of state, CEOs, magnate, financiers, and industry professionals went to the first Global Business 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 area were $5.6 billion, a statement from organisers stated. Both regions depend on each other for essential products.
In 2015 Latin America provided almost half the meat imports into the GCC and 36 per cent of the area's total sugar imports, it included. 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 counts on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for vehicles and Chile for wood products, said a statement.
The online forum was arranged by the Dubai Chamber of Commerce under the style "Shifting Synergies", checks out how organizations can benefit from the changing patterns of worldwide demand and what role Dubai can play in assisting in the next step in company relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however internationally too, by functioning as an information and research centre, by providing company documents, using legal services, assisting in networking chances through signature business occasions and delivering almost every imaginable company service, it stated.
GCC development will enhance in 2026, led by faster growth in hydrocarbons; non-oil development will stay strong but sluggish somewhat. Non-oil activity will be supported by population development, new markets, and public financial investment; inflation will remain soft, while financial policy will loosen. Hydrocarbons sector development will speed up, balancing out in part lower oil costs; fiscal balances will be blended, with surpluses in UAE and Qatar, but deficits persist elsewhere.
SHARJAH (WAM) The GCC and wider Middle East region is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies attracting 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 taking a look at "What Does the Next Year of Endeavor Capital Appear Like", speakers agreed that the emerging local financial investment landscape appears appealing.
Redefining Worker Benefits for a New UAE AgeReacting to a concern on regional startups' prospects of taking advantage of current investments in digital infrastructure, Tala Al Jabri, Creator 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 federal government that is ahead in policy, regulation and information privacy; and actually strong universities that are progressively looking at AI and turning out technical talent in AI."She included: "Our supreme goal is to see this region, particularly the GCC, become an AI superpower.
Our biggest chauffeur right now is investing in skill, because in the AI race, it's the technical talent that truly wins.
"International development funds are coming in, which reveals clear signs of maturity of the community The capability of the UAE and regional federal governments to draw in skill; their innovation-first technique, abundance of capital here in addition to inflow globally are the essential foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the variety of handle the greatest values, with 250 "largest ticket size" offers recorded in 2025 in the nation.
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