Navigating the Next Middle East Business Landscape thumbnail

Navigating the Next Middle East Business Landscape

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Verifying the development of AI in the area, a report launched by PwC earlier this month said that the usage of AI among the workforce 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 progress in the innovation sector and said that 84 percent of CEOs in the nation are prepared to deploy AI responsibly, well above the 76 percent worldwide standard, supported by the Kingdom's information governance ecosystem, including nationwide initiatives led by the Saudi Data and Artificial Intelligence Authority.

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

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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 local and international policymakers, heads of state, CEOs, magnate, financiers, and industry experts went to the first Global Service Forum Latin America held at the Atlantis Palm - Dubai.

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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 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 included. Brazil is without a doubt 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 (generally poultry), Argentina for cereals, Mexico for cars 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 businesses can gain from the changing patterns of global need and what function Dubai can play in helping with the next step in business relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however worldwide too, by functioning as an information and research centre, by providing service paperwork, using legal services, facilitating networking chances through signature company occasions and providing nearly every conceivable organization solution, it mentioned.

GCC growth will enhance in 2026, led by faster expansion in hydrocarbons; non-oil growth will stay solid but sluggish slightly. Non-oil activity will be supported by population development, new markets, and public financial investment; inflation will remain soft, while monetary policy will loosen. Hydrocarbons sector growth will accelerate, offsetting in part lower oil costs; fiscal balances will be mixed, with surpluses in UAE and Qatar, but deficits continue somewhere else.

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

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Reacting to a concern on local startups' potential customers of gaining from recent investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC stated: "We have so much choosing us in the area: the low expense of energy, an extremely progressive government that is ahead in policy, regulation and data personal privacy; and truly strong academic institutions that are progressively taking a look at AI and ending up technical talent in AI."She added: "Our supreme goal is to see this area, specifically the GCC, become an AI superpower.

Our biggest motorist right now is investing in talent, because in the AI race, it's the technical skill that truly wins.

"International growth funds are coming in, which reveals clear indications of maturity of the environment The ability of the UAE and local federal governments to attract talent; their innovation-first technique, abundance of capital here as well as inflow globally are the essential building blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the number of deals with the highest values, with 250 "largest ticket size" deals recorded in 2025 in the nation.

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