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Verifying the growth of AI in the area, a report launched by PwC previously this month stated that the usage of AI amongst the labor force 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 ready to release AI properly, well above the 76 percent worldwide criteria, supported by the Kingdom's data governance environment, consisting of national efforts led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are thinking holistically about how to make the region attractive, consisting of having more pragmatic laws to permit experimentation and development," said the report.
Strategic Advice On Navigating Regional Market ComplexityLeading magnate, policymakers and financiers from the GCC and Latin America just recently explored how nations from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, heads of state, CEOs, magnate, investors, and market experts went to the very first Global Organization 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 declaration from organisers stated. Both regions count on each other for vital items.
In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 percent of the region's overall sugar imports, it included. Brazil is without a doubt the largest trading partner for nations in the region, 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 products, stated a statement.
The online forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how organizations can gain from the changing patterns of international need and what function Dubai can play in assisting in the next step in business relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but worldwide too, by acting as an info and research centre, by offering organization paperwork, using legal services, facilitating networking chances through signature service events and providing practically every imaginable service service, it specified.
GCC development will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil growth will stay solid but slow slightly. Non-oil activity will be supported by population growth, brand-new industries, and public financial investment; inflation will remain soft, while financial policy will loosen up. Hydrocarbons sector growth will accelerate, balancing out in part lower oil costs; financial balances will be mixed, with surpluses in UAE and Qatar, however deficits persist elsewhere.
SHARJAH (WAM) The GCC and wider Middle East area 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 organization leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel discussion on the very first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Look Like", speakers agreed that the emerging regional financial investment landscape appears appealing.
Strategic Advice On Navigating Regional Market ComplexityReacting to a question on regional start-ups' potential customers of benefiting from current investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have so much choosing us in the area: the low cost of energy, a really progressive government that is ahead in policy, regulation and information privacy; and actually strong educational institutions that are progressively taking a look at AI and ending up technical talent in AI."She included: "Our supreme goal is to see this region, specifically the GCC, end up being an AI superpower.
Our greatest driver today is purchasing talent, since in the AI race, it's the technical skill that truly wins."Concentrating on the appearance of the region for financiers, Christos Mastoras, Creator and Handling Partner of Iliad Partners, said: "I believe we are extremely lucky to onboard the three largest banks of Greece as LPs [Limited Partners] for financial investment in the region.
"International growth funds are can be found in, which reveals clear signs of maturity of the community The capability of the UAE and regional governments to draw in talent; their innovation-first approach, abundance of capital here along with inflow internationally are the key structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the number of offers with the highest values, with 250 "biggest ticket size" offers tape-recorded in 2025 in the nation.
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