All Categories
Featured
Table of Contents
Verifying the growth of AI in the region, a report launched by PwC earlier this month stated that the use of AI amongst the workforce in the Middle East continues to rise, with 75 percent of workers in the area using 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 said that 84 percent of CEOs in the country are all set to release AI responsibly, well above the 76 percent worldwide standard, supported by the Kingdom's data governance environment, consisting of nationwide initiatives led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are believing holistically about how to make the region attractive, consisting of having more pragmatic laws to enable experimentation and development," said the report.
Top organization leaders, policymakers and investors from the GCC and Latin America recently checked out how nations from the 2 regions can grow trade in between each other in Dubai, UAE.More than 500 regional and global policymakers, presidents, CEOs, service leaders, investors, and industry experts went to the very first Global Organization 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 items from Latin America. And exports to Latin America from the region were $5.6 billion, a statement from organisers stated. Both regions depend on each other for important items.
In 2015 Latin America provided almost half the meat imports into the GCC and 36 per cent 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. Amongst the Latin American states, the GCC depends on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for cars and Chile for wood products, stated a declaration.
The online forum was arranged by the Dubai Chamber of Commerce under the style "Shifting Synergies", explores how companies can gain from the altering patterns of worldwide demand and what function Dubai can play in helping with the next step in business relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however internationally too, by serving as an info and research study centre, by supplying service documentation, providing legal services, helping with networking opportunities via signature company events and delivering almost every imaginable business option, it mentioned.
GCC growth will enhance in 2026, led by faster growth in hydrocarbons; non-oil growth will remain solid however slow slightly. Non-oil activity will be supported by population development, new markets, and public investment; inflation will remain soft, while monetary policy will loosen up. Hydrocarbons sector growth will accelerate, balancing out in part lower oil rates; fiscal balances will be combined, with surpluses in UAE and Qatar, however deficits continue 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 federal government policies bring in funds and talent, said magnate 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 Equity Capital Look Like", speakers concurred that the emerging local financial investment landscape appears appealing.
Future-Focused Operational Models for 2026 EcosystemsReacting to a concern on regional startups' prospects of benefiting from recent financial investments in digital infrastructure, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have a lot going for us in the area: the low expense of energy, a really progressive government that is ahead in policy, policy and information personal privacy; and really strong instructional institutions that are significantly looking at AI and turning out technical skill in AI."She included: "Our ultimate goal is to see this area, particularly the GCC, end up being an AI superpower.
Our greatest motorist right now is investing in skill, because in the AI race, it's the technical skill that actually wins.
"International development funds are coming in, which shows clear signs of maturity of the community The capability of the UAE and local federal governments to attract talent; their innovation-first approach, abundance of capital here along with inflow internationally are the crucial structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the number of handle the highest worths, with 250 "largest ticket size" offers recorded in 2025 in the country.
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
