Comparing Legacy Systems and 2026 Business Frameworks

Affirming the growth of AI in the area, a report released 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 area utilizing it in their jobs over the previous 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's development in the innovation sector and said that 84 percent of CEOs in the nation are ready to deploy AI responsibly, well above the 76 percent international standard, supported by the Kingdom's information governance community, including nationwide initiatives led by the Saudi Data and Expert System Authority.

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

Top company leaders, policymakers and investors from the GCC and Latin America recently checked out how countries from the two areas can grow trade in between each other in Dubai, UAE.More than 500 local and international policymakers, presidents, CEOs, business leaders, investors, and market specialists went to the first Global Business Forum Latin America held at the Atlantis Palm - Dubai.

Essential Steps for Industrial Excellence in the GCC

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 regions rely on each other for essential products.

In 2015 Latin America provided almost half the meat imports into the GCC and 36 per cent of the area's total sugar imports, it included. Brazil is by far the biggest trading partner for nations in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC depends on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for cars and Chile for wood products, said a declaration.

The forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how services can gain from the altering patterns of international need 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 an information and research centre, by supplying service paperwork, providing legal services, facilitating networking opportunities by means of signature organization events and delivering practically every possible organization service, it stated.

GCC development will reinforce in 2026, led by faster growth in hydrocarbons; non-oil growth will stay strong however sluggish somewhat. Non-oil activity will be supported by population development, 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 prices; financial balances will be blended, with surpluses in UAE and Qatar, but deficits continue somewhere else.

Evaluating Traditional Systems and Future Economic Strategies

SHARJAH (WAM) The GCC and broader Middle East region is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies attracting funds and talent, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel conversation on the very first day of SEF 2026 taking a look at "What Does the Next Year of Equity Capital Look Like", speakers concurred that the emerging regional financial investment landscape appears promising.

ANSR July GCC PRs 50DR+

Reacting to a question on regional startups' potential customers of gaining from current financial investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have so much opting for us in the area: the low cost of energy, a really progressive federal government that is ahead in policy, regulation and information privacy; and truly strong educational organizations that are increasingly taking a look at AI and turning out technical talent in AI."She included: "Our ultimate goal is to see this region, particularly the GCC, end up being an AI superpower.

Our most significant driver right now is investing in skill, because in the AI race, it's the technical talent that truly wins."Focusing on the beauty of the area for investors, Christos Mastoras, Founder and Managing Partner of Iliad Partners, said: "I believe we are extremely lucky to onboard the three biggest banks of Greece as LPs [Limited Partners] for investment in the area.

"International growth funds are coming in, which shows clear signs of maturity of the environment The ability of the UAE and regional federal governments to draw in talent; their innovation-first approach, abundance of capital here along with inflow globally are the key structure blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the variety of offers with the highest worths, with 250 "biggest ticket size" deals taped in 2025 in the nation.