All Categories
Featured
Table of Contents
Verifying the development of AI in the region, a report released by PwC previously this month said that the usage of AI among the workforce in the Middle East continues to rise, with 75 percent of employees in the region utilizing it in their tasks over the previous 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 nation are all set to release AI properly, well above the 76 percent international standard, supported by the Kingdom's data governance environment, including national efforts led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are thinking holistically about how to make the area appealing, consisting of having more pragmatic laws to enable experimentation and growth," said the report.
Top business leaders, policymakers and financiers from the GCC and Latin America just recently checked out how nations from the two areas can grow trade between each other in Dubai, UAE.More than 500 regional and global policymakers, heads of state, CEOs, magnate, investors, and market specialists went to the very first Global Service Online 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 region were $5.6 billion, a statement from organisers stated. Both regions count on each other for important items.
In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 per cent of the region's overall sugar imports, it included. Brazil is without a doubt the biggest trading partner for countries 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 automobiles and Chile for wood items, said a statement.
The online forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how businesses can gain from the altering patterns of international need and what role Dubai can play in helping with the next step in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however internationally too, by acting as an info and research study centre, by supplying business paperwork, providing legal services, assisting in networking opportunities through signature service occasions and providing nearly every possible service option, it specified.
GCC development will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain strong however sluggish slightly. Non-oil activity will be supported by population growth, new industries, and public investment; inflation will stay soft, while financial policy will loosen up. Hydrocarbons sector development will accelerate, offsetting in part lower oil prices; fiscal balances will be mixed, with surpluses in UAE and Qatar, but deficits persist in other places.
SHARJAH (WAM) The GCC and broader Middle East region is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies drawing in funds and talent, said magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the very first day of SEF 2026 taking a look at "What Does the Next Year of Venture Capital Look Like", speakers concurred that the emerging local financial investment landscape appears appealing.
Key Benefits of Industrial Excellence for the GCC
Reacting to a concern on regional start-ups' prospects of gaining from current financial investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have a lot choosing us in the region: the low expense of energy, an extremely progressive government that is ahead in policy, regulation and data personal privacy; and actually strong universities that are increasingly taking a look at AI and turning out technical talent in AI."She added: "Our ultimate goal is to see this area, specifically the GCC, become an AI superpower.
Our biggest motorist right now is investing in skill, because in the AI race, it's the technical talent that actually wins.
"International development funds are coming in, which reveals clear signs of maturity of the community The capability of the UAE and regional governments to attract talent; their innovation-first technique, abundance of capital here as well as inflow globally are the crucial foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the variety of offers with the highest worths, with 250 "biggest ticket size" offers tape-recorded in 2025 in the nation.
Latest Posts

Leveraging Market Research to Drive Operational Growth

How Is Business Excellence Essential for 2026 Growth?
Emerging Strategic Trends Defining the 2026 Regional Market