All Categories
Featured
Table of Contents
Verifying the growth of AI in the region, a report launched by PwC previously this month stated that the use of AI amongst the workforce in the Middle East continues to increase, with 75 percent of employees in the region utilizing it in their jobs over the previous 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's development in the technology sector and stated that 84 percent of CEOs in the nation are all set to deploy AI responsibly, well above the 76 percent worldwide standard, supported by the Kingdom's data governance ecosystem, consisting of national initiatives led by the Saudi Data and Expert System Authority.
Policymakers are believing holistically about how to make the region appealing, including having more pragmatic laws to allow for experimentation and growth," stated the report.
Leading Operational Excellence for Modern EconomyLeading company leaders, policymakers and investors from the GCC and Latin America recently checked out how nations from the 2 areas can grow trade in between each other in Dubai, UAE.More than 500 local and global policymakers, presidents, CEOs, magnate, investors, and market specialists attended the first Global Service 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 declaration from organisers said. Both regions count on each other for vital products.
In 2015 Latin America provided almost half the meat imports into the GCC and 36 percent of the region's overall sugar imports, it included. Brazil is without a doubt the largest trading partner for nations in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC relies on Brazil for meat (generally poultry), Argentina for cereals, Mexico for vehicles and Chile for wood items, stated a statement.
The forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how companies can gain from the altering patterns of international demand and what function Dubai can play in helping with 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 acting as a details and research centre, by offering business documentation, offering legal services, helping with networking chances through signature company events and providing almost every conceivable business option, it mentioned.
GCC growth will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil development will stay solid however sluggish somewhat. Non-oil activity will be supported by population growth, new markets, and public investment; inflation will remain soft, while monetary policy will loosen up. Hydrocarbons sector development will accelerate, offsetting in part lower oil prices; financial balances will be blended, with surpluses in UAE and Qatar, however deficits persist elsewhere.
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 federal government policies bring in funds and talent, said magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel conversation on the first day of SEF 2026 examining "What Does the Next Year of Venture Capital Appear Like", speakers concurred that the emerging local financial investment landscape appears promising.
Mapping Regional Corporate Strategy for 2026Responding to a question on local startups' prospects of benefiting from recent financial investments in digital facilities, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have a lot opting for us in the area: the low expense of energy, a very progressive government that is ahead in policy, policy and data personal privacy; and truly strong instructional organizations that are progressively taking a look at AI and ending up technical talent in AI."She included: "Our ultimate objective is to see this area, particularly the GCC, end up being an AI superpower.
Our biggest motorist right now is investing in skill, because in the AI race, it's the technical talent that truly wins.
"International growth funds are can be found in, which shows clear indications of maturity of the environment The capability of the UAE and regional governments to attract skill; their innovation-first method, abundance of capital here in addition to inflow internationally are the essential foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the number of offers with the highest worths, with 250 "biggest ticket size" deals tape-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
