All Categories
Featured
Table of Contents
Affirming the development of AI in the area, a report released by PwC earlier this month stated that the usage of AI among 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 technology sector and stated that 84 percent of CEOs in the country are prepared to deploy AI responsibly, well above the 76 percent worldwide standard, supported by the Kingdom's information governance ecosystem, consisting of nationwide initiatives led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are believing holistically about how to make the area appealing, consisting of having more practical laws to enable experimentation and development," said the report.
Leveraging Regional Trends for Effective Saudi Market CombinationTop magnate, policymakers and investors from the GCC and Latin America 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, magnate, investors, and market experts participated in 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 depend on each other for necessary products.
In 2015 Latin America provided almost half the meat imports into the GCC and 36 per cent of the area's total sugar imports, it added. Brazil is by far the largest trading partner for nations in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC counts on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for automobiles and Chile for wood items, said a statement.
The forum was organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", checks out how services can take advantage of the altering patterns of worldwide need and what role Dubai can play in facilitating the next action in organization relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however worldwide too, by acting as an info and research centre, by offering company documents, offering legal services, helping with networking opportunities via signature business occasions and providing practically every imaginable company service, it specified.
GCC growth will reinforce in 2026, led by faster growth in hydrocarbons; non-oil development will stay strong but sluggish slightly. Non-oil activity will be supported by population growth, brand-new markets, and public investment; inflation will remain soft, while monetary policy will loosen up. Hydrocarbons sector development will accelerate, balancing out in part lower oil rates; financial balances will be mixed, with surpluses in UAE and Qatar, but deficits persist elsewhere.
SHARJAH (WAM) The GCC and wider Middle East area is poised for the next wave of 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 discussion on the very first day of SEF 2026 taking a look at "What Does the Next Year of Equity Capital Appear Like", speakers agreed that the emerging local financial investment landscape appears promising.
Reacting to a question on regional start-ups' prospects of taking advantage of recent investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have a lot opting for us in the area: the low cost of energy, a really progressive government that is ahead in policy, guideline and information privacy; and really strong academic institutions that are increasingly looking at AI and ending up technical skill in AI."She included: "Our supreme objective is to see this area, specifically the GCC, end up being an AI superpower.
Our most significant chauffeur right now is investing in skill, since in the AI race, it's the technical skill that truly wins."Concentrating on the appearance of the region for investors, Christos Mastoras, Creator and Managing Partner of Iliad Partners, said: "I believe we are extremely fortunate to onboard the 3 largest banks of Greece as LPs [Limited Partners] for financial investment in the area.
"International development funds are coming in, which shows clear indications of maturity of the ecosystem The capability of the UAE and regional federal governments to bring in skill; their innovation-first method, abundance of capital here in addition to inflow worldwide are the key structure blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the variety of deals with the greatest worths, with 250 "biggest ticket size" offers tape-recorded in 2025 in the nation.
Latest Posts
Strategic Planning for Middle East Leadership
Corporate Planning for Regional Success
Strategic Strategy for Regional Success
