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Verifying the growth of AI in the region, a report launched by PwC previously this month said that the use of AI amongst the workforce in the Middle East continues to increase, with 75 percent of employees in the area utilizing it in their tasks 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 properly, well above the 76 percent worldwide benchmark, supported by the Kingdom's data governance environment, including nationwide initiatives led by the Saudi Data and Expert System Authority.
Policymakers are believing holistically about how to make the region appealing, consisting of having more practical laws to permit experimentation and growth," said the report.
How Data Shapes Regional Corporate VisionTop magnate, policymakers and investors from the GCC and Latin America just recently explored how countries from the two regions can grow trade between each other in Dubai, UAE.More than 500 regional and global policymakers, presidents, CEOs, magnate, financiers, and market specialists went to the very first Global Service Online 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 items from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers said. Both regions rely on each other for vital products.
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 added. Brazil is by far the largest trading partner for countries in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC depends on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for lorries and Chile for wood items, stated a statement.
The forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how businesses can take advantage of the altering patterns of international demand and what role Dubai can play in assisting in the next step in business relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but globally too, by acting as an information and research centre, by supplying business documents, using legal services, assisting in networking opportunities by means of signature organization events and delivering almost every conceivable organization solution, it stated.
GCC development will enhance in 2026, led by faster expansion in hydrocarbons; non-oil development will stay solid however sluggish a little. Non-oil activity will be supported by population development, brand-new industries, and public financial investment; inflation will remain soft, while financial policy will loosen up. Hydrocarbons sector growth will accelerate, balancing out in part lower oil costs; fiscal balances will be mixed, with surpluses in UAE and Qatar, however deficits continue elsewhere.
SHARJAH (WAM) The GCC and broader Middle East area is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies drawing in funds and skill, stated business leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel conversation on the first day of SEF 2026 taking a look at "What Does the Next Year of Equity Capital Look Like", speakers agreed that the emerging regional investment landscape appears appealing.
Reacting to a concern on local start-ups' potential customers of gaining from recent investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC said: "We have a lot opting for us in the region: the low expense of energy, a really progressive federal government that is ahead in policy, policy and data personal privacy; and truly strong universities that are progressively looking 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 chauffeur right now is investing in talent, because in the AI race, it's the technical skill that truly wins.
"International growth funds are being available in, which reveals clear indications 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 key foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the number of offers with the highest worths, with 250 "largest ticket size" offers recorded in 2025 in the nation.
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