All Categories
Featured
Table of Contents
Affirming the development of AI in the area, a report launched 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 tasks over the past 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's progress in the technology sector and said that 84 percent of CEOs in the nation are all set to deploy AI properly, well above the 76 percent international standard, supported by the Kingdom's data governance environment, including national efforts led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are thinking holistically about how to make the region attractive, consisting of having more pragmatic laws to enable experimentation and development," said the report.
Winning the 2026 Skill Race From Within the UAELeading business leaders, policymakers and investors from the GCC and Latin America recently checked out how countries from the two areas can grow trade between each other in Dubai, UAE.More than 500 local and global policymakers, presidents, CEOs, magnate, investors, and market professionals participated in the first Global Business 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 region were $5.6 billion, a statement from organisers said. Both areas count on each other for essential products.
In 2015 Latin America provided almost half the meat imports into the GCC and 36 percent of the area's total sugar imports, it added. Brazil is without a doubt the biggest trading partner for countries in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC counts on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for cars and Chile for wood items, 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 changing patterns of worldwide need and what function Dubai can play in facilitating the next step in business relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but internationally too, by serving as a details and research centre, by offering organization documents, offering legal services, assisting in networking chances via signature business occasions and providing nearly every conceivable company option, it specified.
GCC growth will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain solid however slow a little. Non-oil activity will be supported by population growth, new markets, and public financial investment; inflation will remain soft, while financial policy will loosen up. Hydrocarbons sector development will speed up, balancing out in part lower oil prices; fiscal balances will be blended, with surpluses in UAE and Qatar, however deficits continue somewhere else.
SHARJAH (WAM) The GCC and wider Middle East region is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies bring in funds and skill, stated business leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel conversation on the first day of SEF 2026 taking a look at "What Does the Next Year of Equity Capital Appear Like", speakers concurred that the emerging regional financial investment landscape appears promising.
Winning the 2026 Skill Race From Within the UAEReacting to a concern on local start-ups' potential customers of taking advantage of recent investments in digital facilities, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have a lot choosing us in the region: the low expense of energy, an extremely progressive federal government that is ahead in policy, policy and information privacy; and actually strong universities that are significantly looking at AI and turning out technical talent in AI."She included: "Our ultimate objective is to see this area, specifically the GCC, end up being an AI superpower.
Our greatest chauffeur right now is investing in skill, due to the fact that in the AI race, it's the technical talent that truly wins.
"International growth funds are can be found in, which shows clear signs of maturity of the community The capability of the UAE and local federal governments to draw in talent; their innovation-first approach, abundance of capital here as well as inflow globally are the essential structure blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the variety of handle the greatest worths, with 250 "largest ticket size" deals taped in 2025 in the country.
Latest Posts
How Does Business Excellence Essential for 2026 Growth?
Methods for Optimising GCC Strategy in 2026
Can Dubai Sustain Industrial Growth during 2026?
