Comparing Legacy Models and Future Business Strategies thumbnail

Comparing Legacy Models and Future Business Strategies

Published Aug 18, 26
4 min read


Affirming the growth of AI in the region, 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 employees in the region using it in their tasks over the previous 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 nation are prepared to deploy AI properly, well above the 76 percent worldwide benchmark, supported by the Kingdom's data governance environment, consisting of nationwide initiatives led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are believing holistically about how to make the region attractive, including having more pragmatic laws to permit for experimentation and growth," stated the report.

Driving Dubai Industrial Growth through Strategic Excellence

Leading magnate, policymakers and investors from the GCC and Latin America recently explored how countries from the two regions can grow trade in between each other in Dubai, UAE.More than 500 regional and global policymakers, presidents, CEOs, magnate, investors, and industry experts went to the first Global Business Online forum Latin America held at the Atlantis Palm - Dubai.

Maximising Corporate Efficiency through Advanced Market Research

In 2015 the GCC comprised of the UAE, Bahrain, Kuwait, Oman, Qatar and Saudi Arabia, imported $11 billion worth of products from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers stated. Both areas depend on each other for important items.

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 by far 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 (generally poultry), Argentina for cereals, Mexico for lorries and Chile for wood items, stated a statement.

The forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how companies can take advantage of the changing patterns of worldwide demand and what role Dubai can play in helping with the next step in business relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but globally too, by functioning as a details and research centre, by supplying organization paperwork, providing legal services, assisting in networking chances via signature business occasions and delivering almost every conceivable organization solution, it specified.

GCC growth will strengthen in 2026, led by faster growth in hydrocarbons; non-oil development will stay strong but sluggish slightly. Non-oil activity will be supported by population development, new markets, and public investment; inflation will remain soft, while financial policy will loosen up. Hydrocarbons sector development will accelerate, balancing out in part lower oil costs; financial balances will be combined, with surpluses in UAE and Qatar, however deficits continue somewhere else.

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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 drawing in funds and skill, stated magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel conversation on the first day of SEF 2026 examining "What Does the Next Year of Endeavor Capital Look Like", speakers agreed that the emerging regional investment landscape appears promising.

ANSR July GCC PRs 50DR+ANSR July GCC PRs 50DR+


Reacting to a concern on regional startups' potential customers of taking advantage of recent investments in digital infrastructure, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have so much going for us in the area: the low cost of energy, an extremely progressive government that is ahead in policy, regulation and data privacy; and actually strong universities that are progressively looking at AI and ending up technical talent in AI."She included: "Our ultimate objective is to see this area, specifically the GCC, become an AI superpower.

Our most significant driver right now is investing in skill, since in the AI race, it's the technical skill that actually wins."Focusing on the appearance of the area for investors, Christos Mastoras, Founder and Managing Partner of Iliad Partners, stated: "I believe we are extremely fortunate to onboard the three largest banks of Greece as LPs [Limited Partners] for investment in the area.

"International development funds are being available in, which shows clear indications of maturity of the environment The capability of the UAE and local federal governments to bring in talent; their innovation-first approach, abundance of capital here along with inflow globally are the crucial structure blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the number of offers with the highest worths, with 250 "largest ticket size" offers taped in 2025 in the country.

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