Comparing Legacy Models and Future Economic Strategies

Verifying the growth of AI in the region, a report released by PwC previously this month said that the usage of AI among the workforce in the Middle East continues to increase, with 75 percent of workers in the region 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 stated that 84 percent of CEOs in the nation are all set to deploy AI responsibly, well above the 76 percent global standard, supported by the Kingdom's data governance community, consisting of nationwide efforts led by the Saudi Data and Expert System Authority.

Policymakers are thinking holistically about how to make the area attractive, consisting of having more pragmatic laws to enable experimentation and growth," stated the report.

Top magnate, policymakers and financiers from the GCC and Latin America recently checked out how nations from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 local and worldwide policymakers, heads of state, CEOs, magnate, investors, and market experts participated in the very first Global Business Online forum Latin America held at the Atlantis Palm - Dubai.

How to Secure a Competitive Edge in 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 area were $5.6 billion, a statement from organisers stated. Both regions count on each other for important products.

In 2015 Latin America provided almost half the meat imports into the GCC and 36 per cent of the region's total sugar imports, it included. Brazil is by far the biggest trading partner for nations in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC counts on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for vehicles and Chile for wood items, stated a statement.

The forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how companies can gain from the changing patterns of global demand and what role Dubai can play in facilitating the next action in service relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but worldwide too, by functioning as an information and research study centre, by providing service documents, offering legal services, helping with networking opportunities through signature organization events and delivering practically every conceivable business service, it specified.

GCC development will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain strong but slow somewhat. Non-oil activity will be supported by population development, brand-new markets, and public investment; inflation will remain soft, while monetary policy will loosen up. Hydrocarbons sector development will speed up, balancing out in part lower oil rates; financial balances will be mixed, with surpluses in UAE and Qatar, however deficits persist somewhere else.

Reviewing 2026 Market Data for Future Insights

SHARJAH (WAM) The GCC and wider Middle East area is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies drawing in funds and skill, stated magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel conversation on the first day of SEF 2026 examining "What Does the Next Year of Endeavor Capital Look Like", speakers concurred that the emerging regional investment landscape appears promising.

ANSR July GCC PRs 50DR+

Reacting to a concern on regional startups' prospects of benefiting from current financial investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have a lot opting for us in the area: the low cost of energy, a very progressive federal government that is ahead in policy, guideline and information privacy; and really strong educational organizations that are significantly looking at AI and turning out technical skill in AI."She included: "Our ultimate objective is to see this region, specifically the GCC, end up being an AI superpower.

Our greatest driver right now is purchasing talent, due to the fact that in the AI race, it's the technical talent that really wins."Focusing on the attractiveness of the region for investors, Christos Mastoras, Founder and Handling Partner of Iliad Partners, said: "I think we are very lucky to onboard the 3 largest banks of Greece as LPs [Limited Partners] for investment in the region.

"International development funds are can be found in, which reveals clear indications of maturity of the ecosystem The ability of the UAE and regional governments to draw in talent; their innovation-first technique, abundance of capital here along with inflow worldwide are the essential building blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of handle the greatest values, with 250 "largest ticket size" deals tape-recorded in 2025 in the country.