All Categories
Featured
Table of Contents
Affirming the growth of AI in the region, a report released by PwC previously this month said that the use of AI among the workforce in the Middle East continues to rise, with 75 percent of staff members in the area utilizing it in their tasks over the past 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's development in the technology sector and stated that 84 percent of CEOs in the nation are all set to release AI responsibly, well above the 76 percent global criteria, supported by the Kingdom's information governance community, including national efforts led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are believing holistically about how to make the area appealing, consisting of having more pragmatic laws to enable experimentation and growth," said the report.
Corporate Planning for Middle East LeadershipTop service leaders, policymakers and financiers from the GCC and Latin America just recently checked out how countries from the two regions can grow trade in between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, presidents, CEOs, magnate, financiers, and market specialists went to the very first Global Service 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 declaration from organisers said. Both regions depend on each other for vital items.
In 2015 Latin America supplied nearly 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 largest trading partner for nations in the region, followed by Argentina and Mexico. Among 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 statement.
The forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how companies can gain from the altering patterns of global need and what role Dubai can play in assisting in the next action in company relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however worldwide too, by acting as an info and research centre, by supplying business documentation, using legal services, facilitating networking opportunities through signature business occasions and providing nearly every possible business option, it stated.
GCC development will reinforce in 2026, led by faster growth in hydrocarbons; non-oil growth will stay solid but slow a little. Non-oil activity will be supported by population development, brand-new markets, and public investment; inflation will remain soft, while financial policy will loosen up. Hydrocarbons sector development will speed up, balancing out in part lower oil rates; financial balances will be mixed, with surpluses in UAE and Qatar, but deficits continue somewhere else.
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 attracting funds and skill, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel discussion on the very first day of SEF 2026 examining "What Does the Next Year of Venture Capital Look Like", speakers concurred that the emerging local financial investment landscape appears promising.
Can Market Analytics Define Middle East Corporate Success?Reacting to a concern on regional startups' potential customers of benefiting from recent investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have a lot opting 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 progressively looking at AI and turning out technical talent in AI."She added: "Our ultimate objective is to see this area, specifically the GCC, end up being an AI superpower.
Our greatest chauffeur right now is buying talent, because in the AI race, it's the technical talent that really wins."Focusing on the attractiveness of the area for investors, Christos Mastoras, Creator and Handling Partner of Iliad Partners, stated: "I think we are very lucky to onboard the 3 biggest banks of Greece as LPs [Limited Partners] for financial investment in the region.
"International development funds are coming in, which shows clear signs of maturity of the ecosystem The capability of the UAE and local governments to draw in skill; their innovation-first approach, abundance of capital here as well as inflow worldwide are the crucial foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of handle the highest worths, with 250 "largest ticket size" offers taped in 2025 in the nation.
Latest Posts
Effective Strategies for Driving Regional Sector Growth
How Digital Shift Will Fuel Growth?
Navigating GCC Business Frameworks for Scalable Success