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Verifying the growth of AI in the area, a report released by PwC previously this month stated that the use of AI among the workforce in the Middle East continues to rise, with 75 percent of workers in the area using it in their tasks over the previous 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's progress in the innovation sector and stated that 84 percent of CEOs in the nation are all set to release AI responsibly, well above the 76 percent international standard, supported by the Kingdom's data governance ecosystem, consisting of national efforts led by the Saudi Data and Expert System Authority.
Policymakers are thinking holistically about how to make the area appealing, consisting of having more practical laws to permit for experimentation and development," said the report.
How Local Partnerships Protect Your Saudi Market EntryTop magnate, policymakers and investors from the GCC and Latin America just recently explored how nations from the 2 areas can grow trade in between each other in Dubai, UAE.More than 500 regional and global policymakers, heads of state, CEOs, magnate, investors, and market experts participated in the very first Global Company 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 declaration from organisers stated. Both regions rely on each other for important products.
In 2015 Latin America provided 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 biggest trading partner for nations in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC counts on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for vehicles and Chile for wood items, said a declaration.
The online forum was organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", checks out how businesses can gain from the changing patterns of global demand and what function Dubai can play in assisting in the next action in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however internationally too, by functioning as an info and research centre, by supplying service paperwork, using legal services, helping with networking chances via signature business events and delivering nearly every conceivable company service, it mentioned.
GCC growth will enhance in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain solid but slow slightly. Non-oil activity will be supported by population development, new markets, and public financial investment; inflation will remain soft, while monetary policy will loosen. Hydrocarbons sector development will accelerate, offsetting in part lower oil rates; fiscal balances will be mixed, with surpluses in UAE and Qatar, but deficits continue somewhere else.
SHARJAH (WAM) The GCC and broader Middle East area is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies bring in funds and talent, stated magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel discussion on the first day of SEF 2026 examining "What Does the Next Year of Endeavor Capital Appear Like", speakers agreed that the emerging local financial investment landscape appears appealing.
Understanding the Effect of New Commercial Codes in OmanReacting to a concern on local start-ups' potential customers of benefiting from current investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have so much going for us in the region: the low cost of energy, an extremely progressive federal government that is ahead in policy, policy and information privacy; and actually strong educational institutions that are increasingly looking at AI and ending up technical talent in AI."She added: "Our ultimate goal is to see this area, specifically the GCC, end up being an AI superpower.
Our biggest chauffeur right now is investing in skill, since in the AI race, it's the technical talent that actually wins.
"International growth funds are can be found in, which shows clear indications of maturity of the community The capability of the UAE and regional federal governments to attract talent; their innovation-first method, abundance of capital here as well as inflow globally are the key foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the number of handle the greatest values, with 250 "largest ticket size" offers tape-recorded in 2025 in the nation.
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