Comparing Legacy Models and Future Economic Strategies

Verifying the development of AI in the area, a report released by PwC earlier this month stated that the use of AI amongst the labor force in the Middle East continues to increase, with 75 percent of workers in the area utilizing it in their jobs over the previous 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's development in the innovation sector and stated that 84 percent of CEOs in the nation are ready to deploy AI properly, well above the 76 percent global criteria, supported by the Kingdom's data governance community, including nationwide initiatives led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are thinking holistically about how to make the region appealing, including having more pragmatic laws to enable experimentation and growth," said the report.

Leading magnate, policymakers and financiers from the GCC and Latin America recently explored how nations from the two areas can grow trade in between each other in Dubai, UAE.More than 500 local and global policymakers, presidents, CEOs, magnate, financiers, and industry professionals participated in the very first Global Company Forum Latin America held at the Atlantis Palm - Dubai.

Evaluating Traditional Models and 2026 Economic Strategies

In 2015 the GCC made up 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 declaration from organisers said. Both areas rely on each other for necessary 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 largest trading partner for nations in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC relies on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for vehicles and Chile for wood items, said a declaration.

The online forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how organizations can take advantage of the changing patterns of global need and what role Dubai can play in facilitating the next step in organization 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 providing business documentation, using legal services, assisting in networking opportunities via signature company events and providing practically every imaginable organization service, it specified.

GCC growth will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain strong however sluggish somewhat. Non-oil activity will be supported by population development, brand-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 costs; fiscal balances will be mixed, with surpluses in UAE and Qatar, however deficits continue elsewhere.

How to Secure a Competitive Edge in 2026

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 attracting funds and talent, stated company leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel discussion on the very first day of SEF 2026 analyzing "What Does the Next Year of Venture Capital Appear Like", speakers concurred that the emerging local financial investment landscape appears appealing.

ANSR July GCC PRs 50DR+

Reacting to a concern on local startups' prospects of benefiting from recent investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have so much opting for us in the area: the low expense of energy, an extremely progressive government that is ahead in policy, regulation and information personal privacy; and truly strong academic organizations that are increasingly looking at AI and turning out technical talent in AI."She included: "Our ultimate goal is to see this region, specifically the GCC, become an AI superpower.

Our most significant driver right now is investing in skill, because in the AI race, it's the technical skill that really wins."Concentrating on the beauty of the region for investors, Christos Mastoras, Creator and Handling Partner of Iliad Partners, said: "I believe we are really fortunate 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 shows clear signs of maturity of the community The ability of the UAE and regional federal governments to attract talent; their innovation-first technique, abundance of capital here as well as inflow globally are the key foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of handle the highest worths, with 250 "biggest ticket size" offers taped in 2025 in the nation.