All Categories
Featured
Table of Contents
Affirming the growth of AI in the region, a report released by PwC previously this month stated that the use of AI among the workforce in the Middle East continues to rise, with 75 percent of workers in the region utilizing it in their tasks over the past 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's progress in the technology sector and said that 84 percent of CEOs in the country are prepared to deploy AI responsibly, well above the 76 percent international criteria, supported by the Kingdom's data governance ecosystem, consisting of national initiatives led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are believing holistically about how to make the area attractive, consisting of having more practical laws to enable experimentation and development," said the report.
How to Succeed in Saudi Arabia's Competitive Hub LandscapeLeading company leaders, policymakers and financiers from the GCC and Latin America just recently explored how nations from the two areas can grow trade in between each other in Dubai, UAE.More than 500 regional and international policymakers, presidents, CEOs, organization leaders, investors, and market experts participated in the very first Global Business 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 items from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers stated. Both areas count on each other for vital items.
In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 per cent of the area's total sugar imports, it added. Brazil is without a doubt the largest trading partner for countries in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for vehicles and Chile for wood items, stated a statement.
The online forum was arranged by the Dubai Chamber of Commerce under the style "Moving Synergies", explores how businesses can take advantage of the changing patterns of global demand and what function Dubai can play in helping with the next action in company 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 supplying business documentation, offering legal services, assisting in networking chances by means of signature service occasions and providing nearly every conceivable service service, it stated.
GCC growth will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain strong however slow a little. Non-oil activity will be supported by population development, brand-new industries, and public financial investment; inflation will stay soft, while financial policy will loosen. Hydrocarbons sector development will speed up, balancing out in part lower oil costs; fiscal balances will be mixed, with surpluses in UAE and Qatar, but deficits persist elsewhere.
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 bring 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 analyzing "What Does the Next Year of Equity Capital Look Like", speakers concurred that the emerging local financial investment landscape appears appealing.
How Outsourcing Can Accelerate Your 2026 GCC GrowthResponding to a question on local start-ups' prospects of taking advantage of current investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have a lot going for us in the area: the low expense of energy, an extremely progressive federal government that is ahead in policy, guideline and information personal privacy; and actually strong instructional organizations that are increasingly taking a look at AI and turning out technical talent in AI."She added: "Our ultimate goal is to see this region, specifically the GCC, end up being an AI superpower.
Our most significant chauffeur right now is investing in skill, since in the AI race, it's the technical talent that truly wins.
"International growth funds are being available in, which shows clear signs of maturity of the community The ability of the UAE and local governments to bring in skill; their innovation-first technique, abundance of capital here along with inflow internationally are the crucial foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of deals with the greatest values, with 250 "biggest ticket size" offers taped in 2025 in the nation.
Latest Posts
The Benefits of Strategic Growth in the GCC
How to Implement Advanced Strategies in 2026
Utilizing Market Research to Effectively Drive Operational Growth
