All Categories
Featured
Table of Contents
Verifying the development of AI in the region, a report launched by PwC previously this month said that the usage of AI amongst the workforce in the Middle East continues to increase, with 75 percent of workers in the area using it in their jobs over the previous 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's progress in the technology sector and stated that 84 percent of CEOs in the country are all set to deploy AI responsibly, well above the 76 percent international criteria, supported by the Kingdom's data governance community, consisting of nationwide initiatives led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are believing holistically about how to make the area appealing, including having more practical laws to enable for experimentation and growth," stated the report.
Industrial Excellence: a Key Driver for Regional SuccessTop magnate, policymakers and investors from the GCC and Latin America just recently explored how nations from the 2 regions can grow trade between each other in Dubai, UAE.More than 500 local and international policymakers, heads of state, CEOs, company leaders, investors, and market specialists attended the first Global Company Online 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 area were $5.6 billion, a statement from organisers stated. Both regions depend on each other for important products.
In 2015 Latin America provided nearly half the meat imports into the GCC and 36 per cent of the region's total sugar imports, it included. Brazil is without a doubt the largest trading partner for countries in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for automobiles and Chile for wood products, stated a statement.
The forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how organizations can benefit from the altering patterns of worldwide demand and what function Dubai can play in helping with the next action in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however worldwide too, by functioning as an info and research centre, by offering business documents, providing legal services, facilitating networking opportunities through signature organization occasions and delivering almost every conceivable business option, it mentioned.
GCC growth will enhance in 2026, led by faster growth in hydrocarbons; non-oil growth will stay solid however slow a little. Non-oil activity will be supported by population development, new industries, and public financial investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector development will accelerate, balancing out in part lower oil costs; fiscal balances will be blended, with surpluses in UAE and Qatar, however deficits persist in other places.
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 business leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel discussion on the first day of SEF 2026 examining "What Does the Next Year of Venture Capital Appear Like", speakers concurred that the emerging regional financial investment landscape appears appealing.
Responding to a question on regional start-ups' potential customers of benefiting from current investments in digital infrastructure, Tala Al Jabri, Creator and Managing Partner of Wyld VC stated: "We have a lot choosing us in the area: the low cost of energy, an extremely progressive federal government that is ahead in policy, guideline and information privacy; and actually strong universities that are increasingly looking at AI and turning out technical talent in AI."She added: "Our ultimate objective is to see this region, specifically the GCC, end up being an AI superpower.
Our greatest motorist today is purchasing skill, because in the AI race, it's the technical talent that actually wins."Focusing on the attractiveness of the area for financiers, Christos Mastoras, Creator and Handling Partner of Iliad Partners, stated: "I believe we are very lucky to onboard the three biggest banks of Greece as LPs [Limited Partners] for financial investment in the area.
"International growth funds are being available in, which reveals clear indications of maturity of the ecosystem The ability of the UAE and local governments to draw in talent; their innovation-first approach, abundance of capital here in addition to inflow worldwide are the essential structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the number of deals with the greatest worths, with 250 "biggest ticket size" deals taped in 2025 in the nation.
Latest Posts
Will Market Analytics Drive Middle East Corporate Success?
Actionable Tips for Navigating the 2026 Regional Landscape
Long-Term Dubai Economic Growth Patterns in 2026
