All Categories
Featured
Table of Contents
Verifying the growth of AI in the region, a report released by PwC previously this month said that the use of AI amongst the labor force in the Middle East continues to rise, with 75 percent of employees in the area using it in their jobs over the previous 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's progress in the technology sector and stated that 84 percent of CEOs in the nation are all set to deploy AI properly, well above the 76 percent worldwide benchmark, supported by the Kingdom's data governance ecosystem, consisting of nationwide efforts led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are believing holistically about how to make the region appealing, consisting of having more pragmatic laws to enable experimentation and development," stated the report.
Why Data Shapes Regional Corporate VisionLeading company leaders, policymakers and financiers from the GCC and Latin America just recently explored how nations from the 2 areas can grow trade in between each other in Dubai, UAE.More than 500 regional and global policymakers, heads of state, CEOs, magnate, financiers, and industry specialists went to the very first Global Company 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 declaration from organisers said. Both regions depend on each other for essential products.
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 depends on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for cars and Chile for wood products, stated a statement.
The forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how organizations can benefit from the changing patterns of worldwide demand and what function Dubai can play in facilitating 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 acting as an info and research study centre, by providing service documentation, using legal services, helping with networking chances by means of signature service occasions and delivering almost every imaginable company solution, it mentioned.
GCC growth will strengthen in 2026, led by faster growth in hydrocarbons; non-oil growth will stay solid but slow a little. Non-oil activity will be supported by population growth, brand-new markets, and public investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector growth will speed up, offsetting in part lower oil prices; financial balances will be combined, with surpluses in UAE and Qatar, but deficits persist somewhere else.
SHARJAH (WAM) The GCC and wider 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 bring in funds and talent, 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 Equity Capital Look Like", speakers agreed that the emerging regional financial investment landscape appears promising.
Why Data Shapes Regional Corporate VisionReacting to a question on local start-ups' prospects of benefiting from recent financial investments in digital infrastructure, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have a lot opting for us in the region: the low cost of energy, a really progressive federal government that is ahead in policy, guideline and data personal privacy; and really strong instructional institutions that are increasingly taking a look at AI and ending up technical talent in AI."She included: "Our supreme objective is to see this area, specifically the GCC, end up being an AI superpower.
Our most significant motorist right now is investing in talent, due to the fact that in the AI race, it's the technical skill that really wins.
"International development funds are being available in, which shows clear indications of maturity of the ecosystem The capability of the UAE and regional governments to bring in talent; their innovation-first technique, abundance of capital here along with inflow globally are the key foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of deals with the highest values, with 250 "largest ticket size" offers recorded in 2025 in the nation.
Latest Posts
How to Utilize Market Intelligence for Growth
How to Deploy Advanced Strategies in 2026
Can the GCC Sustain Industrial Growth during 2026?
