Comparing Traditional Models and Future Business Strategies

Verifying the growth of AI in the area, a report released by PwC previously this month said that the usage of AI amongst the labor force in the Middle East continues to rise, with 75 percent of staff members 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 stated that 84 percent of CEOs in the country are ready to deploy AI responsibly, well above the 76 percent worldwide standard, supported by the Kingdom's information governance environment, consisting of national initiatives led by the Saudi Data and Artificial Intelligence Authority.

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

Leading service leaders, policymakers and investors 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 international policymakers, presidents, CEOs, organization leaders, financiers, and industry professionals participated in the first Global Organization Forum Latin America held at the Atlantis Palm - Dubai.

Emerging Strategic Shifts Defining the 2026 GCC Economy

In 2015 the GCC comprised 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 statement from organisers stated. Both areas depend on each other for vital items.

In 2015 Latin America supplied almost half the meat imports into the GCC and 36 percent of the region's total sugar imports, it included. Brazil is by far the biggest trading partner for nations in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC depends on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for lorries and Chile for wood items, stated a statement.

The forum was arranged by the Dubai Chamber of Commerce under the style "Moving Synergies", checks out how services can gain from the changing patterns of global demand and what role Dubai can play in assisting in 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 functioning as an information and research study centre, by offering organization paperwork, using legal services, facilitating networking opportunities via signature company occasions and delivering almost every imaginable business solution, it specified.

GCC development will reinforce in 2026, led by faster growth in hydrocarbons; non-oil development will remain strong but slow somewhat. Non-oil activity will be supported by population growth, brand-new industries, and public financial investment; inflation will stay soft, while monetary policy will loosen up. Hydrocarbons sector development will accelerate, balancing out in part lower oil prices; fiscal balances will be mixed, with surpluses in UAE and Qatar, however deficits persist elsewhere.

How to Secure a Leading Edge in Dubai

SHARJAH (WAM) The GCC and broader Middle East region is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies attracting funds and skill, stated company leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel discussion on the very first day of SEF 2026 examining "What Does the Next Year of Endeavor Capital Appear Like", speakers agreed that the emerging local investment landscape appears promising.

ANSR July GCC PRs 50DR+

Reacting to a concern on regional startups' potential customers of gaining from recent investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC stated: "We have a lot choosing us in the area: the low cost of energy, a very progressive government that is ahead in policy, guideline and information personal privacy; and really strong academic organizations that are significantly looking at AI and turning out technical skill in AI."She added: "Our ultimate goal is to see this area, specifically the GCC, become an AI superpower.

Our greatest driver right now is investing in talent, because in the AI race, it's the technical skill that truly wins."Focusing on the attractiveness of the area for investors, Christos Mastoras, Founder and Managing Partner of Iliad Partners, stated: "I think we are really lucky to onboard the 3 largest banks of Greece as LPs [Limited Partners] for financial investment in the region.

"International growth funds are being available in, which reveals clear indications of maturity of the ecosystem The ability of the UAE and regional governments to draw in talent; their innovation-first method, abundance of capital here as well as inflow worldwide are the crucial foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the number of offers with the greatest worths, with 250 "largest ticket size" deals recorded in 2025 in the country.