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Affirming the growth of AI in the region, a report launched by PwC earlier this month said that the usage of AI amongst the labor force in the Middle East continues to rise, with 75 percent of staff members in the area utilizing it in their jobs over the past 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's progress in the innovation sector and said that 84 percent of CEOs in the country are all set to release AI properly, well above the 76 percent worldwide criteria, supported by the Kingdom's information governance community, including national initiatives led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are believing holistically about how to make the area appealing, consisting of having more pragmatic laws to enable experimentation and growth," said the report.
Navigating GCC Market Strategy in 2026Leading magnate, policymakers and financiers from the GCC and Latin America recently explored how nations from the two regions can grow trade in between each other in Dubai, UAE.More than 500 local and international policymakers, heads of state, CEOs, magnate, financiers, and industry specialists attended the first Global Company 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 area were $5.6 billion, a declaration from organisers stated. Both areas depend on each other for important products.
In 2015 Latin America supplied almost half the meat imports into the GCC and 36 percent of the area's total sugar imports, it added. Brazil is by far the largest 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 lorries and Chile for wood items, said a declaration.
The forum was organised by the Dubai Chamber of Commerce under the style "Moving Synergies", checks out how businesses can take advantage of the changing patterns of international 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 however globally too, by serving as a details and research study centre, by offering company documentation, using legal services, facilitating networking opportunities via signature organization occasions and providing almost every imaginable organization option, it specified.
GCC development will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil development will stay strong but sluggish a little. Non-oil activity will be supported by population development, brand-new industries, and public investment; inflation will remain soft, while monetary policy will loosen up. Hydrocarbons sector development will speed up, offsetting in part lower oil rates; financial balances will be mixed, with surpluses in UAE and Qatar, but deficits persist in other places.
SHARJAH (WAM) The GCC and broader 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 skill, stated magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the very first day of SEF 2026 examining "What Does the Next Year of Endeavor Capital Appear Like", speakers agreed that the emerging local financial investment landscape appears promising.
Navigating GCC Market Strategy in 2026Reacting to a question on regional start-ups' prospects of gaining from current investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have so much opting for us in the area: the low expense of energy, a very progressive government that is ahead in policy, guideline and information privacy; and really strong universities that are progressively taking a look at AI and ending up technical talent in AI."She included: "Our ultimate objective is to see this region, specifically the GCC, become 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 really wins.
"International development funds are can be found in, which reveals clear signs of maturity of the ecosystem The capability of the UAE and regional governments to bring in talent; their innovation-first method, abundance of capital here along with inflow globally are the essential foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the variety of offers with the greatest worths, with 250 "largest ticket size" offers recorded in 2025 in the nation.
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