Comparing Legacy Systems and Future Economic Frameworks

Verifying the growth of AI in the area, a report launched by PwC previously this month stated that the use of AI among the labor force in the Middle East continues to increase, with 75 percent of workers in the region using it in their jobs over the previous 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's development in the innovation sector and said that 84 percent of CEOs in the nation are prepared to deploy AI responsibly, well above the 76 percent global benchmark, supported by the Kingdom's data governance environment, including nationwide efforts led by the Saudi Data and Expert System Authority.

Policymakers are thinking holistically about how to make the area attractive, including having more pragmatic laws to enable experimentation and development," said the report.

Top organization leaders, policymakers and investors from the GCC and Latin America recently checked out how nations from the 2 regions can grow trade in between each other in Dubai, UAE.More than 500 local and international policymakers, heads of state, CEOs, magnate, financiers, and industry specialists attended the first Global Business Forum Latin America held at the Atlantis Palm - Dubai.

Emerging Strategic Shifts Shaping the 2026 Regional Economy

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 declaration from organisers stated. Both regions rely on each other for essential 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 area, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for vehicles and Chile for wood items, said a statement.

The forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how companies can take advantage of the altering patterns of worldwide need and what role 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 but internationally too, by functioning as an info and research study centre, by providing company documents, using legal services, facilitating networking chances by means of signature service events and providing nearly every conceivable business solution, it mentioned.

GCC development will reinforce in 2026, led by faster growth in hydrocarbons; non-oil growth will remain strong however sluggish 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 growth will accelerate, offsetting in part lower oil prices; financial balances will be blended, with surpluses in UAE and Qatar, but deficits persist in other places.

Industrial Excellence: a Strategic Pillar for Regional Success

SHARJAH (WAM) The GCC and larger Middle East area is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies bring in funds and talent, stated magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel discussion on the 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 appealing.

ANSR July GCC PRs 50DR+

Reacting to a question on regional start-ups' prospects of taking advantage of current investments in digital infrastructure, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have so much choosing us in the region: the low cost of energy, an extremely progressive government that is ahead in policy, regulation and data privacy; and truly strong universities that are increasingly looking at AI and turning out technical talent in AI."She added: "Our ultimate goal is to see this area, particularly the GCC, end up being an AI superpower.

Our greatest chauffeur right now is purchasing skill, because in the AI race, it's the technical skill that really wins."Concentrating on the appearance of the area for financiers, Christos Mastoras, Founder and Managing Partner of Iliad Partners, stated: "I think we are really fortunate to onboard the three biggest banks of Greece as LPs [Limited Partners] for financial investment in the area.

"International development funds are can be found in, which shows clear signs of maturity of the environment The capability of the UAE and local federal governments to attract skill; their innovation-first technique, abundance of capital here as well as inflow globally are the essential structure blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the variety of handle the highest values, with 250 "largest ticket size" deals taped in 2025 in the country.