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Affirming the growth of AI in the area, a report launched by PwC earlier this month said 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 progress in the technology sector and said that 84 percent of CEOs in the country are all set to release AI properly, well above the 76 percent worldwide criteria, supported by the Kingdom's information governance community, including national initiatives led by the Saudi Data and Expert System Authority.
Policymakers are believing holistically about how to make the area attractive, including having more pragmatic laws to allow for experimentation and growth," stated the report.
How to Secure a Leading Advantage in DubaiTop magnate, policymakers and financiers from the GCC and Latin America recently explored how countries from the two regions can grow trade in between each other in Dubai, UAE.More than 500 local and global policymakers, heads of state, CEOs, company leaders, investors, and market experts attended the first Global Business 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 region were $5.6 billion, a declaration from organisers stated. Both areas rely on each other for vital products.
In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the region's overall sugar imports, it included. Brazil is by far the largest trading partner for countries in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (generally poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, said a statement.
The forum was arranged by the Dubai Chamber of Commerce under the style "Shifting Synergies", explores how services can benefit from the changing patterns of worldwide demand and what role Dubai can play in facilitating the next action in company relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however internationally too, by functioning as a details and research study centre, by offering company documentation, offering legal services, facilitating networking chances by means of signature organization events and providing nearly every imaginable business solution, it specified.
GCC development will reinforce in 2026, led by faster growth in hydrocarbons; non-oil growth will stay solid but slow a little. Non-oil activity will be supported by population growth, brand-new markets, and public investment; inflation will stay soft, while monetary policy will loosen up. Hydrocarbons sector growth will speed up, offsetting in part lower oil costs; fiscal balances will be combined, with surpluses in UAE and Qatar, but deficits continue somewhere else.
SHARJAH (WAM) The GCC and larger Middle East region 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 talent, said organization leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the first day of SEF 2026 analyzing "What Does the Next Year of Endeavor Capital Appear Like", speakers agreed that the emerging regional investment landscape appears promising.
How to Secure a Leading Advantage in DubaiReacting to a concern on local start-ups' prospects of benefiting from current financial investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have so much opting for us in the area: the low expense of energy, a really progressive government that is ahead in policy, policy and information personal privacy; and actually strong universities that are increasingly taking a look at AI and ending up technical skill in AI."She added: "Our supreme objective is to see this region, specifically the GCC, end up being an AI superpower.
Our greatest driver right now is investing in talent, because in the AI race, it's the technical skill that really wins.
"International growth funds are being available in, which shows clear indications of maturity of the ecosystem The capability of the UAE and local federal governments to bring in skill; their innovation-first approach, abundance of capital here along with inflow globally are the key building blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the variety of handle the highest values, with 250 "biggest ticket size" deals taped in 2025 in the nation.
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