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Verifying the development of AI in the region, a report launched by PwC previously this month stated that the use of AI amongst the workforce in the Middle East continues to increase, with 75 percent of employees in the region utilizing it in their tasks over the previous 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's development in the innovation sector and stated that 84 percent of CEOs in the country are all set to deploy AI properly, well above the 76 percent international criteria, supported by the Kingdom's data governance environment, including nationwide initiatives led by the Saudi Data and Expert System Authority.
Policymakers are believing holistically about how to make the area appealing, including having more practical laws to enable experimentation and growth," said the report.
UAE Talent Retention: Moving Past the Golden Visa BuzzLeading magnate, policymakers and financiers from the GCC and Latin America recently explored how nations from the two areas can grow trade in between each other in Dubai, UAE.More than 500 local and global policymakers, presidents, CEOs, organization leaders, financiers, and industry experts went to the very first Global Business 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 items from Latin America. And exports to Latin America from the region were $5.6 billion, a declaration from organisers said. Both regions rely on each other for necessary items.
In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the region's overall sugar imports, it included. 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 (generally poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, said a declaration.
The forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how services can take advantage of the changing patterns of worldwide demand and what role Dubai can play in assisting in the next action in company relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but globally too, by acting as a details and research study centre, by offering organization paperwork, offering legal services, helping with networking chances via signature company events and providing nearly every possible company option, it mentioned.
GCC growth will strengthen in 2026, led by faster growth in hydrocarbons; non-oil growth will remain solid however slow a little. Non-oil activity will be supported by population growth, new industries, and public investment; inflation will remain soft, while monetary policy will loosen up. Hydrocarbons sector growth will speed up, offsetting in part lower oil prices; financial balances will be combined, with surpluses in UAE and Qatar, but deficits continue in other places.
SHARJAH (WAM) The GCC and broader 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 drawing in funds and skill, said company leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel discussion on the very first day of SEF 2026 analyzing "What Does the Next Year of Endeavor Capital Look Like", speakers concurred that the emerging regional financial investment landscape appears promising.
Why 2026 Demands a New Technique to Regional OutsourcingReacting to a concern on local startups' potential customers of benefiting from current investments in digital facilities, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have a lot opting for us in the area: the low expense of energy, a really progressive federal government that is ahead in policy, guideline and information personal privacy; and truly strong educational institutions that are significantly looking at AI and turning out technical skill in AI."She added: "Our supreme goal is to see this area, specifically the GCC, become an AI superpower.
Our most significant chauffeur right now is purchasing skill, because in the AI race, it's the technical talent that truly wins."Focusing on the attractiveness of the region for financiers, Christos Mastoras, Founder and Handling Partner of Iliad Partners, stated: "I believe we are extremely lucky to onboard the three biggest banks of Greece as LPs [Limited Partners] for financial investment in the area.
"International development funds are coming in, which reveals clear indications of maturity of the ecosystem The ability of the UAE and local governments to bring in skill; their innovation-first technique, abundance of capital here as well as inflow globally are the key building blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the variety of deals with the highest worths, with 250 "biggest ticket size" offers tape-recorded in 2025 in the country.
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