How to Maintain a Competitive Edge in 2026

Affirming the growth of AI in the region, a report released by PwC previously this month said that the use of AI amongst the workforce in the Middle East continues to rise, with 75 percent of staff members in the area using it in their tasks over the past 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's progress in the innovation sector and stated that 84 percent of CEOs in the country are prepared to release AI responsibly, well above the 76 percent global criteria, supported by the Kingdom's data governance environment, consisting of nationwide initiatives led by the Saudi Data and Expert System 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.

Top organization leaders, policymakers and investors from the GCC and Latin America just 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, heads of state, CEOs, company leaders, investors, and industry professionals attended the very first Global Business Online forum Latin America held at the Atlantis Palm - Dubai.

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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 area were $5.6 billion, a declaration from organisers stated. Both regions depend on each other for necessary items.

In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the area's overall sugar imports, it included. Brazil is without a doubt the biggest trading partner for nations in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC counts on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for automobiles and Chile for wood items, stated a statement.

The online forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how companies can benefit from the altering patterns of worldwide need and what role Dubai can play in helping with the next action in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however globally too, by functioning as an info and research study centre, by offering organization documentation, offering legal services, assisting in networking chances through signature company events and providing practically every conceivable company service, it specified.

GCC growth will strengthen in 2026, led by faster growth in hydrocarbons; non-oil growth will remain solid but slow slightly. Non-oil activity will be supported by population development, brand-new markets, and public financial investment; inflation will remain soft, while financial policy will loosen up. Hydrocarbons sector growth will speed up, balancing out in part lower oil rates; fiscal balances will be blended, with surpluses in UAE and Qatar, however deficits continue elsewhere.

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SHARJAH (WAM) The GCC and broader Middle East area 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, said organization leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel discussion on the first day of SEF 2026 examining "What Does the Next Year of Equity Capital Look Like", speakers concurred that the emerging regional investment landscape appears appealing.

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Responding to a question on local start-ups' potential customers of gaining from current investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have a lot choosing us in the area: the low expense of energy, a very progressive government that is ahead in policy, regulation and data personal privacy; and actually strong universities that are progressively looking at AI and ending up technical skill in AI."She included: "Our supreme goal is to see this region, specifically the GCC, end up being an AI superpower.

Our most significant driver right now is investing in talent, since in the AI race, it's the technical skill that actually wins."Focusing on the beauty of the area for financiers, Christos Mastoras, Creator and Handling Partner of Iliad Partners, stated: "I think we are extremely lucky to onboard the 3 largest banks of Greece as LPs [Limited Partners] for investment in the area.

"International development funds are can be found in, which shows clear indications of maturity of the community The ability of the UAE and regional governments to draw in skill; their innovation-first method, abundance of capital here along with inflow globally are the key foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the variety of handle the greatest values, with 250 "biggest ticket size" deals recorded in 2025 in the nation.