Evaluating Legacy Systems and 2026 Business Strategies

Affirming the development of AI in the region, a report launched by PwC earlier this month stated that the use of AI amongst the workforce in the Middle East continues to increase, with 75 percent of staff members in the region using it in their jobs over the past 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's development in the innovation sector and said that 84 percent of CEOs in the country are ready to deploy AI properly, well above the 76 percent international benchmark, supported by the Kingdom's data governance community, including nationwide efforts led by the Saudi Data and Expert System Authority.

Policymakers are believing holistically about how to make the area appealing, consisting of having more practical laws to permit for experimentation and growth," said the report.

Leading business leaders, policymakers and investors from the GCC and Latin America just recently explored how nations from the 2 regions can grow trade between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, heads of state, CEOs, business leaders, financiers, and industry professionals attended the very first Global Company Online forum Latin America held at the Atlantis Palm - Dubai.

Comparing Legacy Models and Future Economic Frameworks

In 2015 the GCC made up of the UAE, Bahrain, Kuwait, Oman, Qatar and Saudi Arabia, imported $11 billion worth of goods from Latin America. And exports to Latin America from the region were $5.6 billion, a declaration from organisers said. Both areas rely on each other for important products.

In 2015 Latin America provided almost half the meat imports into the GCC and 36 per cent of the region's total 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 counts on Brazil for meat (generally poultry), Argentina for cereals, Mexico for cars and Chile for wood products, stated a declaration.

The forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how services can gain from the changing patterns of worldwide demand and what function Dubai can play in facilitating the next step in service relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however worldwide too, by functioning as an information and research centre, by supplying company paperwork, using legal services, helping with networking opportunities via signature organization events and providing almost every imaginable business service, it stated.

GCC development will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain strong but sluggish slightly. Non-oil activity will be supported by population growth, new industries, and public investment; inflation will stay soft, while monetary policy will loosen up. Hydrocarbons sector growth will speed up, offsetting in part lower oil prices; fiscal balances will be blended, with surpluses in UAE and Qatar, but deficits continue in other places.

Key Tips for Industrial Excellence in Dubai

SHARJAH (WAM) The GCC and larger Middle East area is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies attracting funds and skill, stated organization leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the first day of SEF 2026 analyzing "What Does the Next Year of Venture Capital Look Like", speakers agreed that the emerging local investment landscape appears promising.

ANSR July GCC PRs 50DR+

Reacting to a concern on regional start-ups' potential customers of gaining from current investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have a lot choosing us in the region: the low expense of energy, an extremely progressive federal government that is ahead in policy, regulation and data privacy; and really strong academic organizations that are progressively taking a look at AI and ending up technical talent in AI."She included: "Our supreme objective is to see this area, particularly the GCC, end up being an AI superpower.

Our greatest driver right now is investing in talent, due to the fact that in the AI race, it's the technical talent that really wins.

"International development funds are can be found in, which shows clear signs of maturity of the environment The capability of the UAE and regional governments to draw in talent; their innovation-first method, abundance of capital here along with inflow internationally are the essential building blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of handle the highest worths, with 250 "largest ticket size" offers taped in 2025 in the country.