All Categories
Featured
Table of Contents
Verifying the growth of AI in the region, a report launched by PwC earlier this month stated that the usage of AI amongst the labor force in the Middle East continues to rise, with 75 percent of staff members in the area utilizing it in their jobs over the past 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's development in the innovation sector and said that 84 percent of CEOs in the nation are all set to deploy AI responsibly, well above the 76 percent international benchmark, supported by the Kingdom's data governance ecosystem, including nationwide initiatives led by the Saudi Data and Expert System Authority.
Policymakers are thinking holistically about how to make the region appealing, consisting of having more pragmatic laws to enable experimentation and development," said the report.
Top company leaders, policymakers and investors from the GCC and Latin America recently checked out how countries from the 2 regions can grow trade between each other in Dubai, UAE.More than 500 local and international policymakers, presidents, CEOs, organization leaders, investors, and market professionals attended the first Global Organization Forum Latin America held at the Atlantis Palm - Dubai.
In 2015 the GCC made up 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 region were $5.6 billion, a statement from organisers said. Both regions count on each other for important items.
In 2015 Latin America supplied almost half the meat imports into the GCC and 36 per cent of the area's overall sugar imports, it added. Brazil is by far the largest trading partner for nations in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC depends on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, stated a declaration.
The online forum was organised by the Dubai Chamber of Commerce under the style "Moving Synergies", checks out how businesses can gain from the changing patterns of worldwide demand and what role Dubai can play in assisting in the next action in business relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however worldwide too, by serving as an info and research study centre, by supplying business paperwork, using legal services, facilitating networking chances through signature company events and delivering almost every conceivable company service, it stated.
GCC growth will reinforce in 2026, led by faster growth in hydrocarbons; non-oil growth will stay solid however sluggish somewhat. Non-oil activity will be supported by population growth, brand-new industries, and public investment; inflation will stay soft, while financial policy will loosen. Hydrocarbons sector growth will accelerate, offsetting in part lower oil rates; financial balances will be combined, with surpluses in UAE and Qatar, but deficits persist somewhere else.
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 attracting funds and talent, stated magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel discussion on the very first day of SEF 2026 examining "What Does the Next Year of Equity Capital Look Like", speakers concurred that the emerging regional financial investment landscape appears appealing.
Strategic Strategy for Middle East ExcellenceReacting to a question on regional startups' prospects of gaining from recent financial investments in digital facilities, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have so much choosing us in the region: the low expense of energy, a really progressive government that is ahead in policy, regulation and data personal privacy; and really strong universities that are significantly looking at AI and ending up technical skill in AI."She added: "Our ultimate goal is to see this region, specifically the GCC, become an AI superpower.
Our biggest driver right now is investing in talent, since in the AI race, it's the technical skill that really wins.
"International growth funds are can be found in, which reveals clear indications of maturity of the ecosystem The capability of the UAE and local federal governments to attract talent; their innovation-first technique, abundance of capital here along with inflow worldwide are the essential building blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of offers with the greatest values, with 250 "largest ticket size" offers taped in 2025 in the country.
Latest Posts

Leveraging Market Research to Effectively Drive Strategic Growth

Corporate Strategy for GCC Excellence

Ways to Leverage Market Research for 2026 Success