Comparing Legacy Systems and 2026 Business Frameworks

Affirming the growth of AI in the region, a report released by PwC previously this month stated that the usage of AI among the labor force in the Middle East continues to rise, with 75 percent of workers in the area utilizing it in their tasks over the past 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 nation are all set to deploy AI responsibly, well above the 76 percent international criteria, supported by the Kingdom's information governance ecosystem, including national initiatives led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are believing holistically about how to make the area attractive, consisting of having more pragmatic laws to permit experimentation and development," said the report.

Top organization leaders, policymakers and financiers from the GCC and Latin America recently explored how countries from the two areas can grow trade in between each other in Dubai, UAE.More than 500 local and international policymakers, presidents, CEOs, magnate, financiers, and market experts attended the very first Global Company Online forum Latin America held at the Atlantis Palm - Dubai.

Evaluating Legacy Systems and Future Economic Frameworks

In 2015 the GCC made up 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 statement from organisers said. Both regions count on each other for essential items.

In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 percent of the region's total sugar imports, it included. Brazil is without a doubt the largest trading partner for countries in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC counts on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for vehicles and Chile for wood products, said a declaration.

The online forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how organizations can take advantage of the altering patterns of global need and what function Dubai can play in assisting in the next action in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however globally too, by functioning as an information and research centre, by providing company paperwork, providing legal services, helping with networking opportunities via signature organization events and delivering nearly every imaginable company option, it specified.

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

Can Strategic Research Drive Dubai Corporate Success?

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 government policies bring in funds and skill, said company leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel discussion on the very first day of SEF 2026 taking a look at "What Does the Next Year of Venture Capital Look Like", speakers agreed that the emerging regional financial investment landscape appears promising.

ANSR July GCC PRs 50DR+

Reacting to a concern on regional start-ups' potential customers of benefiting from current financial investments in digital facilities, Tala Al Jabri, Creator and Handling Partner of Wyld VC said: "We have a lot going for us in the area: the low cost of energy, an extremely progressive federal government that is ahead in policy, regulation and information personal privacy; and truly strong academic organizations that are increasingly looking at AI and ending up technical skill in AI."She included: "Our ultimate goal is to see this region, particularly the GCC, become an AI superpower.

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

"International development funds are coming in, which shows clear signs of maturity of the environment The capability of the UAE and local federal governments to attract talent; their innovation-first method, abundance of capital here in addition to inflow globally are the key building blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the number of deals with the highest values, with 250 "largest ticket size" offers taped in 2025 in the country.