How to Maintain a Competitive Advantage in 2026

Affirming 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 staff members in the area utilizing it in their jobs over the past 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's development in the technology sector and said that 84 percent of CEOs in the nation are all set to release AI properly, well above the 76 percent global criteria, supported by the Kingdom's data governance environment, including national efforts led by the Saudi Data and Expert System Authority.

Policymakers are thinking holistically about how to make the region attractive, including having more practical laws to permit for experimentation and development," said the report.

Leading magnate, policymakers and financiers 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 regional and international policymakers, heads of state, CEOs, magnate, financiers, and market professionals participated in the very first Global Business Online forum Latin America held at the Atlantis Palm - Dubai.

Industrial Excellence: a Strategic Pillar for Regional Growth

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 area 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 area's overall sugar imports, it included. Brazil is by far the biggest trading partner for countries in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for vehicles and Chile for wood items, stated a declaration.

The online forum was organised by the Dubai Chamber of Commerce under the style "Moving Synergies", checks out how services can gain from the changing patterns of worldwide need and what function Dubai can play in facilitating the next action in business relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however internationally too, by functioning as an info and research centre, by offering organization paperwork, offering legal services, assisting in networking opportunities via signature company occasions and delivering practically every possible company solution, it mentioned.

GCC development will strengthen in 2026, led by faster growth in hydrocarbons; non-oil growth will stay solid however sluggish a little. Non-oil activity will be supported by population development, brand-new markets, and public investment; inflation will remain soft, while financial policy will loosen. Hydrocarbons sector growth will speed up, balancing out in part lower oil costs; fiscal balances will be combined, with surpluses in UAE and Qatar, however deficits continue elsewhere.

How to Secure a Competitive Edge in Dubai

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 federal government policies bring in funds and skill, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel conversation on the very first day of SEF 2026 taking a look at "What Does the Next Year of Venture Capital Look Like", speakers concurred that the emerging local investment landscape appears promising.

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Responding to a concern on regional start-ups' prospects of gaining from recent financial investments in digital infrastructure, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have a lot opting for us in the region: the low expense of energy, a very progressive federal government that is ahead in policy, regulation and information privacy; and really strong educational institutions that are increasingly looking at AI and ending up technical skill in AI."She added: "Our ultimate goal is to see this region, particularly the GCC, end up being an AI superpower.

Our biggest chauffeur today is investing in skill, due to the fact that in the AI race, it's the technical talent that truly wins."Concentrating on the attractiveness of the area for investors, Christos Mastoras, Founder and Handling Partner of Iliad Partners, said: "I think we are very lucky to onboard the 3 biggest banks of Greece as LPs [Limited Partners] for investment in the area.

"International growth funds are coming in, which reveals clear signs of maturity of the community The ability of the UAE and regional governments to bring in skill; their innovation-first approach, abundance of capital here along with inflow internationally are the crucial structure blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of offers with the highest values, with 250 "biggest ticket size" deals tape-recorded in 2025 in the nation.