Comparing Legacy Models and 2026 Business Frameworks

Verifying the development of AI in the region, a report launched by PwC earlier this month stated that the usage of AI amongst the workforce in the Middle East continues to rise, with 75 percent of employees 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 stated that 84 percent of CEOs in the country are ready to release AI properly, well above the 76 percent international standard, supported by the Kingdom's data governance community, including national initiatives led by the Saudi Data and Expert System Authority.

Policymakers are thinking holistically about how to make the area attractive, including having more practical laws to permit experimentation and development," stated the report.

Top magnate, policymakers and investors from the GCC and Latin America just recently checked out how nations from the 2 regions can grow trade in between each other in Dubai, UAE.More than 500 regional and international policymakers, heads of state, CEOs, business leaders, financiers, and market experts attended the very first Global Company Online forum Latin America held at the Atlantis Palm - Dubai.

Evaluating Legacy Models and 2026 Business Strategies

In 2015 the GCC comprised 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 region were $5.6 billion, a declaration from organisers stated. Both regions depend on each other for vital items.

In 2015 Latin America supplied almost half the meat imports into the GCC and 36 per cent of the area's overall sugar imports, it added. Brazil is by far the largest trading partner for nations 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, said a declaration.

The forum was organised by the Dubai Chamber of Commerce under the style "Moving Synergies", checks out how services can gain from the altering patterns of global demand and what role Dubai can play in assisting in the next step in organization 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 centre, by providing organization documentation, using legal services, facilitating networking chances by means of signature service events and delivering almost every possible business solution, it specified.

GCC development will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil growth will stay solid but slow a little. Non-oil activity will be supported by population development, new industries, and public financial investment; inflation will remain soft, while financial policy will loosen up. Hydrocarbons sector development will speed up, balancing out in part lower oil prices; fiscal balances will be mixed, with surpluses in UAE and Qatar, however deficits continue somewhere else.

How to Optimise Regional Strategy in 2026

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 government policies drawing in funds and talent, said magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel discussion on the very first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Appear Like", speakers agreed that the emerging local financial investment landscape appears appealing.

ANSR July GCC PRs 50DR+

Reacting to a concern on regional start-ups' potential customers of taking advantage of recent investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have a lot going for us in the region: the low expense of energy, a really progressive government that is ahead in policy, guideline and data privacy; and truly strong academic 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, become an AI superpower.

Our greatest driver right now is purchasing talent, due to the fact that in the AI race, it's the technical talent that truly wins."Focusing on the beauty of the region for financiers, Christos Mastoras, Creator and Handling Partner of Iliad Partners, said: "I think we are really lucky to onboard the 3 biggest banks of Greece as LPs [Limited Partners] for investment in the region.

"International development funds are coming in, which reveals clear signs of maturity of the environment The ability of the UAE and local federal governments to attract talent; their innovation-first approach, 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 region, Saudi Arabia is leading the number of offers with the greatest values, with 250 "biggest ticket size" deals recorded in 2025 in the country.