All Categories
Featured
Table of Contents
Verifying the development of AI in the region, a report launched by PwC earlier this month said that the usage of AI amongst the workforce in the Middle East continues to rise, with 75 percent of employees in the region using it in their jobs over the previous 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's development in the innovation sector and said that 84 percent of CEOs in the country are ready to release AI properly, 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 attractive, including having more pragmatic laws to enable for experimentation and growth," said the report.
Cracking the Code of New Labor Laws in QatarLeading business leaders, policymakers and investors from the GCC and Latin America recently explored how nations from the two regions can grow trade in between each other in Dubai, UAE.More than 500 local and global policymakers, presidents, CEOs, service leaders, investors, and market professionals attended the first Global Company Online forum Latin America held at the Atlantis Palm - Dubai.
In 2015 the GCC comprised of the UAE, Bahrain, Kuwait, Oman, Qatar and Saudi Arabia, imported $11 billion worth of items from Latin America. And exports to Latin America from the region were $5.6 billion, a statement from organisers said. Both regions rely on each other for important products.
In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the area's overall sugar imports, it added. Brazil is without a doubt the largest trading partner for countries 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 organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how services can gain from the changing patterns of international need and what function Dubai can play in facilitating the next action in company relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but globally too, by serving as a details and research centre, by supplying organization documents, offering legal services, helping with networking opportunities via signature company events and providing almost every conceivable service solution, it mentioned.
GCC development will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil growth will stay strong but slow somewhat. Non-oil activity will be supported by population development, new industries, and public investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector growth will accelerate, offsetting in part lower oil costs; financial balances will be mixed, with surpluses in UAE and Qatar, however deficits continue in other places.
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 attracting funds and skill, said magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the first day of SEF 2026 taking a look at "What Does the Next Year of Equity Capital Look Like", speakers concurred that the emerging local financial investment landscape appears appealing.
Reacting to a question on regional start-ups' prospects of taking advantage of current financial investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have a lot opting for us in the area: the low cost of energy, an extremely progressive government that is ahead in policy, policy and information privacy; and truly strong academic institutions that are significantly taking a look at AI and turning out technical skill in AI."She added: "Our ultimate objective is to see this region, specifically the GCC, become an AI superpower.
Our greatest motorist right now is investing in talent, due to the fact that in the AI race, it's the technical skill that actually wins.
"International growth funds are being available in, which shows clear indications of maturity of the ecosystem The capability of the UAE and local federal governments to bring in talent; their innovation-first method, abundance of capital here as well as inflow internationally are the essential foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the number of handle the greatest worths, with 250 "largest ticket size" offers recorded in 2025 in the nation.
Latest Posts
Strategic Planning for Middle East Leadership
Corporate Planning for Regional Success
Strategic Strategy for Regional Success
