All Categories
Featured
Table of Contents
Verifying the development 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 increase, with 75 percent of employees 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 said that 84 percent of CEOs in the nation are ready to deploy AI responsibly, well above the 76 percent global benchmark, supported by the Kingdom's information governance community, consisting of nationwide efforts led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are believing holistically about how to make the region appealing, including having more pragmatic laws to enable experimentation and growth," said the report.
Top magnate, policymakers and financiers from the GCC and Latin America just recently explored how nations from the two areas can grow trade between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, heads of state, CEOs, magnate, financiers, and industry specialists participated in the first Global Company 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 products from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers said. Both regions rely on each other for important products.
In 2015 Latin America provided almost half the meat imports into the GCC and 36 percent of the area's overall sugar imports, it added. 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 (mainly poultry), Argentina for cereals, Mexico for lorries and Chile for wood items, stated a declaration.
The forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how organizations can take advantage of the changing patterns of global need and what function Dubai can play in facilitating the next action in company relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however globally too, by acting as a details and research study centre, by offering organization documentation, providing legal services, facilitating networking chances through signature company events and delivering practically every conceivable business option, it mentioned.
GCC development will enhance in 2026, led by faster expansion in hydrocarbons; non-oil development will remain strong however slow a little. Non-oil activity will be supported by population development, new markets, and public financial investment; inflation will remain soft, while financial policy will loosen up. Hydrocarbons sector development will accelerate, offsetting in part lower oil costs; fiscal balances will be mixed, with surpluses in UAE and Qatar, however deficits continue somewhere else.
SHARJAH (WAM) The GCC and larger Middle East region is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies attracting funds and talent, stated service leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel conversation on the very first day of SEF 2026 taking a look at "What Does the Next Year of Equity Capital Appear Like", speakers agreed that the emerging local investment landscape appears promising.
A Comprehensive Guide to GCC Industrial Success for 2026Reacting to a question on local start-ups' prospects of gaining from recent financial investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have a lot choosing us in the area: the low expense of energy, a very progressive federal government that is ahead in policy, guideline and information personal privacy; and truly strong universities that are progressively taking a look at AI and ending up technical talent in AI."She added: "Our supreme objective is to see this area, specifically the GCC, end up being an AI superpower.
Our greatest motorist today is investing in skill, because in the AI race, it's the technical skill that really wins."Concentrating on the attractiveness of the area for financiers, Christos Mastoras, Creator and Handling Partner of Iliad Partners, said: "I believe we are extremely lucky to onboard the 3 biggest banks of Greece as LPs [Limited Partners] for financial investment in the area.
"International growth funds are coming in, which reveals clear signs of maturity of the ecosystem The ability of the UAE and local federal governments to bring in skill; their innovation-first approach, abundance of capital here in addition to inflow worldwide are the key foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of handle the greatest values, with 250 "biggest ticket size" offers taped in 2025 in the nation.
Latest Posts
How to Utilize GCC Intelligence for 2026 Success
Ways to Leverage GCC Intelligence for Success
Leading the 2026 Regional Business Landscape for Executives
