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Verifying the development of AI in the area, a report released by PwC previously this month stated that the use 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 released by KPMG highlighted Saudi Arabia's development in the technology sector and said that 84 percent of CEOs in the nation are prepared to release AI properly, well above the 76 percent international benchmark, supported by the Kingdom's data governance environment, including national initiatives led by the Saudi Data and Expert System Authority.
Policymakers are believing holistically about how to make the region attractive, consisting of having more pragmatic laws to enable experimentation and growth," said the report.
Predicting the Next Middle East Corporate EnvironmentTop magnate, policymakers and financiers from the GCC and Latin America recently checked out how nations from the two areas can grow trade between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, presidents, CEOs, magnate, investors, and industry experts went to the first Global Company Forum Latin America held at the Atlantis Palm - Dubai.
In 2015 the GCC comprised of the UAE, Bahrain, Kuwait, Oman, Qatar and Saudi Arabia, imported $11 billion worth of goods from Latin America. And exports to Latin America from the region were $5.6 billion, a statement from organisers said. Both regions count on each other for vital products.
In 2015 Latin America provided 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. 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, said a statement.
The forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how organizations can gain from the altering patterns of worldwide demand and what role Dubai can play in helping with the next step in business relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however globally too, by acting as an information and research study centre, by providing organization paperwork, using legal services, assisting in networking chances through signature service occasions and providing almost every conceivable company service, it mentioned.
GCC development will enhance in 2026, led by faster growth in hydrocarbons; non-oil development will stay strong however slow somewhat. Non-oil activity will be supported by population growth, new markets, and public investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector development will accelerate, offsetting in part lower oil costs; fiscal balances will be blended, with surpluses in UAE and Qatar, however deficits continue in other places.
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 skill, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel discussion on the first day of SEF 2026 taking a look at "What Does the Next Year of Equity Capital Appear Like", speakers agreed that the emerging regional financial investment landscape appears promising.
How Future-Focused Strategy Reshapes the 2026 Regional EconomyReacting to a concern on regional start-ups' potential customers of taking advantage of recent financial investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have so much going for us in the area: the low expense of energy, a very progressive federal government that is ahead in policy, guideline and information privacy; and actually strong universities that are significantly looking at AI and turning out technical talent in AI."She included: "Our ultimate goal is to see this area, particularly the GCC, end up being an AI superpower.
Our greatest chauffeur right now is buying skill, because in the AI race, it's the technical talent that truly wins."Focusing on the beauty of the region for investors, Christos Mastoras, Creator and Managing Partner of Iliad Partners, said: "I believe we are extremely lucky to onboard the 3 biggest banks of Greece as LPs [Limited Partners] for financial investment in the area.
"International growth funds are being available in, which shows clear indications of maturity of the ecosystem The ability of the UAE and local federal governments to bring in skill; their innovation-first method, abundance of capital here along with inflow internationally are the crucial foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the variety of deals with the highest values, with 250 "biggest ticket size" deals recorded in 2025 in the nation.
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