Comparing Legacy Systems and 2026 Economic Strategies

Affirming the growth of AI in the area, a report released by PwC previously this month said that the use of AI amongst the workforce in the Middle East continues to rise, with 75 percent of employees in the region utilizing it in their jobs over the past 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's development in the technology sector and stated that 84 percent of CEOs in the nation are ready to release AI properly, well above the 76 percent worldwide standard, supported by the Kingdom's information governance environment, including nationwide initiatives led by the Saudi Data and Expert System Authority.

Policymakers are thinking holistically about how to make the area appealing, including having more practical laws to permit experimentation and development," stated the report.

Leading service leaders, policymakers and financiers from the GCC and Latin America recently explored how countries from the two areas can grow trade between each other in Dubai, UAE.More than 500 local and worldwide policymakers, heads of state, CEOs, magnate, financiers, and market specialists attended the first Global Business Online forum Latin America held at the Atlantis Palm - Dubai.

Emerging Future Shifts Shaping the 2026 GCC Market

In 2015 the GCC made up 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 total sugar imports, it added. Brazil is without a doubt the biggest 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 automobiles and Chile for wood items, stated a declaration.

The forum was arranged by the Dubai Chamber of Commerce under the style "Shifting Synergies", checks out how businesses can gain from the changing patterns of worldwide need 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 globally too, by functioning as a details and research centre, by offering company paperwork, providing legal services, assisting in networking opportunities through signature service occasions and providing practically every conceivable organization solution, it mentioned.

GCC growth will reinforce 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 growth, brand-new industries, and public 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, however deficits continue elsewhere.

Driving Dubai Corporate Expansion through Strategy

SHARJAH (WAM) The GCC and larger 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 drawing in funds and talent, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel discussion on the very first day of SEF 2026 examining "What Does the Next Year of Equity Capital Appear Like", speakers concurred that the emerging regional financial investment landscape appears appealing.

ANSR July GCC PRs 50DR+

Reacting to a concern on regional start-ups' potential customers of taking advantage of current financial investments in digital facilities, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have a lot opting for us in the area: the low cost of energy, a very progressive federal government that is ahead in policy, regulation and data personal privacy; and really strong universities that are progressively taking a look at AI and turning out 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 driver right now is investing in skill, due to the fact that in the AI race, it's the technical talent that really wins."Focusing on the beauty of the region for financiers, Christos Mastoras, Founder and Handling Partner of Iliad Partners, stated: "I believe we are really lucky to onboard the three biggest banks of Greece as LPs [Limited Partners] for financial investment in the area.

"International growth funds are can be found in, which shows clear indications of maturity of the community The ability of the UAE and local federal governments to draw in talent; their innovation-first technique, abundance of capital here along with inflow internationally are the crucial structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the number of handle the greatest values, with 250 "largest ticket size" offers taped in 2025 in the nation.