Comparing Legacy Systems and 2026 Economic Strategies

Affirming the development of AI in the area, a report released by PwC previously this month stated that the usage of AI among the labor force in the Middle East continues to rise, with 75 percent of employees in the region utilizing it in their jobs over the past 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's development in the technology sector and stated that 84 percent of CEOs in the country are ready to deploy AI responsibly, well above the 76 percent global 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, consisting of having more pragmatic laws to enable experimentation and development," stated the report.

Top magnate, policymakers and financiers from the GCC and Latin America just recently checked out 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, organization leaders, financiers, and market specialists went to the very first Global Business Online forum Latin America held at the Atlantis Palm - Dubai.

Accelerating Regional Industrial Growth through Innovation

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 region were $5.6 billion, a statement from organisers said. Both areas count on each other for necessary products.

In 2015 Latin America supplied almost half the meat imports into the GCC and 36 percent of the region's total sugar imports, it added. Brazil is by far the biggest trading partner for countries in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC counts on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for automobiles and Chile for wood items, stated a declaration.

The forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how companies can gain from the altering patterns of global demand and what function Dubai can play in assisting in the next action in business relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however worldwide too, by acting as an information and research centre, by offering service documentation, providing legal services, assisting in networking opportunities by means of signature business occasions and delivering practically every imaginable organization service, it stated.

GCC growth will enhance in 2026, led by faster growth in hydrocarbons; non-oil growth will remain strong but sluggish somewhat. Non-oil activity will be supported by population growth, brand-new industries, and public investment; inflation will stay soft, while monetary policy will loosen up. Hydrocarbons sector development will speed up, balancing out in part lower oil rates; fiscal balances will be blended, with surpluses in UAE and Qatar, however deficits persist somewhere else.

How to Secure a Leading Advantage in Dubai

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 government policies bring in funds and talent, said business leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel discussion on the very first day of SEF 2026 taking a look at "What Does the Next Year of Equity Capital Look Like", speakers agreed that the emerging regional investment landscape appears promising.

ANSR July GCC PRs 50DR+

Reacting to a question on regional startups' potential customers of taking advantage of recent financial investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have a lot going for us in the area: the low expense of energy, a very progressive government that is ahead in policy, regulation and information personal privacy; and really strong instructional organizations that are progressively looking at AI and turning out technical skill in AI."She included: "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 talent, due to the fact that in the AI race, it's the technical talent that actually wins.

"International development funds are coming in, which reveals clear signs of maturity of the environment The ability of the UAE and regional governments to bring in talent; their innovation-first method, abundance of capital here as well as inflow worldwide 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 highest values, with 250 "largest ticket size" deals taped in 2025 in the country.