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Verifying the growth of AI in the area, a report released by PwC earlier this month stated that the usage of AI amongst the labor force in the Middle East continues to rise, with 75 percent of employees in the area utilizing 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 country are all set to deploy AI properly, well above the 76 percent global benchmark, supported by the Kingdom's information governance community, consisting of nationwide efforts led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are thinking holistically about how to make the region appealing, consisting of having more pragmatic laws to enable experimentation and growth," said the report.
What Every Financier Needs To Know About Qatar's Legal ShiftTop company leaders, policymakers and investors from the GCC and Latin America recently checked out how nations from the 2 regions can grow trade between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, presidents, CEOs, magnate, investors, and market professionals went to the very first Global Company 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 items from Latin America. And exports to Latin America from the region were $5.6 billion, a statement from organisers stated. Both areas rely on each other for vital items.
In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the area's total sugar imports, it included. Brazil is without a doubt the biggest trading partner for nations in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC relies on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for vehicles and Chile for wood items, said a declaration.
The online forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how companies can take advantage of the changing patterns of worldwide need and what function Dubai can play in assisting in the next step in service relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but internationally too, by acting as an information and research study centre, by offering service paperwork, providing legal services, helping with networking opportunities via signature organization occasions and providing nearly every conceivable organization option, it stated.
GCC growth will enhance in 2026, led by faster growth in hydrocarbons; non-oil development will remain strong but sluggish slightly. Non-oil activity will be supported by population growth, new markets, and public investment; inflation will remain soft, while financial policy will loosen. Hydrocarbons sector development will accelerate, balancing out in part lower oil prices; financial balances will be combined, with surpluses in UAE and Qatar, but deficits continue in other places.
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 service leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel discussion on the first day of SEF 2026 analyzing "What Does the Next Year of Endeavor Capital Look Like", speakers concurred that the emerging local investment landscape appears appealing.
Reacting to a concern on local start-ups' potential customers of benefiting from recent investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have so much going for us in the area: the low expense of energy, a really progressive government that is ahead in policy, regulation and data privacy; and truly strong universities that are increasingly looking at AI and ending up technical talent in AI."She added: "Our ultimate objective is to see this area, specifically the GCC, become an AI superpower.
Our biggest driver right now is investing in talent, since in the AI race, it's the technical talent that truly wins.
"International growth funds are can be found in, which shows clear signs of maturity of the ecosystem The ability of the UAE and local federal governments to bring in talent; their innovation-first technique, abundance of capital here as well as inflow globally are the key building blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of offers with the greatest values, with 250 "biggest ticket size" deals recorded in 2025 in the country.
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