Predicting the Next GCC Corporate Landscape thumbnail

Predicting the Next GCC Corporate Landscape

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Affirming the growth of AI in the area, a report launched by PwC earlier this month said that the usage of AI among the workforce in the Middle East continues to increase, with 75 percent of employees in the area using it in their jobs over the past 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's progress in the technology sector and said that 84 percent of CEOs in the country are ready to release AI responsibly, well above the 76 percent international benchmark, supported by the Kingdom's information governance ecosystem, consisting of nationwide 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 enable experimentation and growth," stated the report.

Leading service leaders, policymakers and investors from the GCC and Latin America just recently checked out how countries from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, presidents, CEOs, magnate, financiers, and industry specialists attended the first Global Company Forum Latin America held at the Atlantis Palm - Dubai.

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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 stated. Both regions rely on each other for important products.

In 2015 Latin America provided almost half the meat imports into the GCC and 36 percent of the area's total 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 automobiles and Chile for wood items, said a statement.

The online forum was organised by the Dubai Chamber of Commerce under the style "Moving Synergies", explores how businesses can benefit from the changing patterns of global need and what role Dubai can play in helping with the next action in business relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but globally too, by serving as an information and research centre, by offering company paperwork, using legal services, assisting in networking chances by means of signature company occasions and providing practically every conceivable company option, it stated.

GCC growth will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil development will stay solid however sluggish slightly. Non-oil activity will be supported by population development, new industries, and public investment; inflation will stay soft, while monetary policy will loosen up. Hydrocarbons sector growth will accelerate, balancing out in part lower oil prices; fiscal balances will be mixed, with surpluses in UAE and Qatar, but deficits continue elsewhere.

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

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Reacting to a concern on local start-ups' prospects of gaining from current investments in digital facilities, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have a lot choosing us in the region: the low expense of energy, a very progressive federal government that is ahead in policy, regulation and information privacy; and truly strong instructional organizations that are significantly looking at AI and turning out technical talent in AI."She added: "Our supreme goal is to see this region, particularly the GCC, end up being an AI superpower.

Our greatest chauffeur right now is investing in talent, due to the fact that in the AI race, it's the technical skill that really wins.

"International development funds are can be found in, which reveals clear indications of maturity of the ecosystem The capability of the UAE and local governments to attract talent; their innovation-first method, abundance of capital here as well as inflow globally are the key foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of handle the highest worths, with 250 "largest ticket size" deals recorded in 2025 in the country.