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Affirming the development of AI in the area, a report launched by PwC earlier this month said that the usage of AI among the labor force in the Middle East continues to increase, with 75 percent of staff members in the region using it in their tasks over the previous 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's progress in the technology sector and said that 84 percent of CEOs in the nation are ready to release AI responsibly, well above the 76 percent international benchmark, supported by the Kingdom's data governance community, consisting of nationwide initiatives led by the Saudi Data and Expert System Authority.
Policymakers are thinking holistically about how to make the region attractive, consisting of having more pragmatic laws to enable for experimentation and growth," said the report.
Will Dubai Lead Industrial Growth during 2026?Leading magnate, policymakers and investors from the GCC and Latin America recently explored how nations from the two regions can grow trade between each other in Dubai, UAE.More than 500 local and worldwide policymakers, heads of state, CEOs, magnate, financiers, and market professionals participated in the first Global Company 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 area were $5.6 billion, a statement from organisers said. Both regions depend on each other for essential 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 without a doubt the largest trading partner for nations in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC relies on Brazil for meat (generally poultry), Argentina for cereals, Mexico for vehicles and Chile for wood products, said a statement.
The forum was arranged by the Dubai Chamber of Commerce under the style "Moving Synergies", checks out how companies can take advantage of the changing patterns of global demand and what role Dubai can play in facilitating the next step in service relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but worldwide too, by functioning as an information and research centre, by offering organization paperwork, providing legal services, assisting in networking opportunities via signature company occasions and providing almost every possible service solution, it specified.
GCC development 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 development, brand-new industries, 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; fiscal balances will be mixed, with surpluses in UAE and Qatar, however deficits persist in other places.
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 drawing in funds and skill, stated organization leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel conversation on the very first day of SEF 2026 examining "What Does the Next Year of Equity Capital Look Like", speakers concurred that the emerging regional investment landscape appears promising.
Will Dubai Lead Industrial Growth during 2026?Responding to a concern on local startups' prospects of benefiting from current financial investments in digital facilities, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have a lot choosing us in the region: the low cost of energy, a really progressive government that is ahead in policy, policy and information privacy; and really strong instructional institutions that are significantly taking a look at AI and turning out technical skill in AI."She added: "Our supreme objective is to see this region, specifically the GCC, become an AI superpower.
Our biggest chauffeur right now is investing in talent, due to the fact that in the AI race, it's the technical skill that really wins.
"International growth funds are can be found in, which shows clear signs of maturity of the environment The capability of the UAE and regional governments to bring in talent; their innovation-first technique, abundance of capital here along with inflow worldwide are the key building blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of handle the greatest worths, with 250 "largest ticket size" offers recorded in 2025 in the nation.
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