Comparing Legacy Systems and Future Economic Strategies

Verifying the growth of AI in the area, a report launched by PwC earlier this month said that the usage of AI amongst the labor force in the Middle East continues to rise, with 75 percent of employees in the area utilizing it in their jobs over the past 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's progress in the innovation sector and said that 84 percent of CEOs in the nation are all set to release AI responsibly, well above the 76 percent worldwide benchmark, supported by the Kingdom's information governance community, including nationwide efforts led by the Saudi Data and Expert System Authority.

Policymakers are believing holistically about how to make the region appealing, including having more pragmatic laws to enable experimentation and growth," stated the report.

Top magnate, policymakers and financiers from the GCC and Latin America recently checked out how nations from the two regions can grow trade in between each other in Dubai, UAE.More than 500 local and international policymakers, presidents, CEOs, magnate, investors, and market professionals attended the very first Global Service Online forum Latin America held at the Atlantis Palm - Dubai.

Accelerating Regional Industrial Growth through Strategy

In 2015 the GCC comprised 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 area were $5.6 billion, a statement from organisers stated. Both areas count on each other for vital products.

In 2015 Latin America supplied almost half the meat imports into the GCC and 36 percent of the area's total sugar imports, it added. Brazil is without a doubt the biggest trading partner for nations in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC counts on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for lorries and Chile for wood items, stated a declaration.

The online forum was organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", checks out how services can benefit from the changing patterns of international need and what function Dubai can play in helping with the next step in organization relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but worldwide too, by acting as an information and research centre, by supplying organization paperwork, using legal services, facilitating networking chances via signature service occasions and providing almost every possible service option, it specified.

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

Driving Regional Industrial Expansion through Strategy

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 government policies attracting funds and skill, stated organization leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel discussion on the first day of SEF 2026 taking a look at "What Does the Next Year of Endeavor Capital Look Like", speakers concurred that the emerging local investment landscape appears promising.

ANSR July GCC PRs 50DR+

Reacting to a concern on local startups' prospects of gaining from recent financial investments in digital facilities, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have a lot opting 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 truly strong academic institutions that are increasingly looking at AI and ending up technical talent in AI."She added: "Our supreme objective is to see this region, particularly the GCC, become an AI superpower.

Our most significant motorist today is investing in skill, because in the AI race, it's the technical talent that really wins."Focusing on the appearance of the area for financiers, Christos Mastoras, Creator and Managing Partner of Iliad Partners, said: "I think we are extremely lucky to onboard the 3 largest banks of Greece as LPs [Limited Partners] for investment in the region.

"International development funds are coming in, which shows clear signs of maturity of the community The ability of the UAE and regional governments to attract talent; their innovation-first technique, abundance of capital here as well as inflow globally are the essential foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of deals with the highest values, with 250 "largest ticket size" offers tape-recorded in 2025 in the country.