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Affirming the development of AI in the region, a report released by PwC previously this month said that the usage of AI among the labor force in the Middle East continues to increase, with 75 percent of workers in the area 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 stated that 84 percent of CEOs in the nation are ready to release AI responsibly, well above the 76 percent worldwide standard, supported by the Kingdom's data governance environment, consisting of nationwide efforts led by the Saudi Data and Expert System Authority.
Policymakers are thinking holistically about how to make the area appealing, including having more practical laws to allow for experimentation and growth," said the report.
Is Your UAE Leadership Group Ready for 2026?Leading business 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 local and global policymakers, presidents, CEOs, magnate, investors, and market experts went to the very 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 area were $5.6 billion, a declaration from organisers said. Both regions rely on each other for essential products.
In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the region's total sugar imports, it included. Brazil is without a doubt the biggest trading partner for nations in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC relies on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for automobiles and Chile for wood items, said a declaration.
The online forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how companies can take advantage of the changing patterns of worldwide need and what function Dubai can play in facilitating the next step in company relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but internationally too, by serving as an information and research study centre, by offering business documentation, offering legal services, facilitating networking chances via signature company occasions and delivering practically every conceivable organization service, it mentioned.
GCC growth will strengthen in 2026, led by faster growth in hydrocarbons; non-oil development will remain strong but sluggish a little. Non-oil activity will be supported by population growth, brand-new industries, and public investment; inflation will stay soft, while monetary policy will loosen up. Hydrocarbons sector development will speed up, offsetting in part lower oil costs; financial balances will be blended, with surpluses in UAE and Qatar, however deficits continue somewhere else.
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 bring in funds and talent, said business leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel conversation on the first day of SEF 2026 analyzing "What Does the Next Year of Venture Capital Appear Like", speakers concurred that the emerging regional financial investment landscape appears promising.
Is Your UAE Leadership Group Ready for 2026?Reacting to a question on local start-ups' prospects of taking advantage of recent financial investments in digital facilities, Tala Al Jabri, Creator and Handling 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, policy and data personal privacy; and really strong universities that are increasingly looking at AI and turning out technical skill in AI."She added: "Our supreme goal is to see this region, specifically the GCC, become an AI superpower.
Our most significant motorist right now is investing in skill, because in the AI race, it's the technical talent that actually wins.
"International growth funds are coming in, which shows clear indications of maturity of the ecosystem The ability of the UAE and regional federal governments to draw in skill; their innovation-first approach, abundance of capital here along with inflow worldwide are the key building blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of offers with the highest values, with 250 "biggest ticket size" offers recorded in 2025 in the country.
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