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Verifying the development of AI in the region, a report released by PwC previously this month stated that the use of AI amongst the workforce in the Middle East continues to increase, with 75 percent of workers in the region using it in their tasks over the past 12 months.
In November, a report released 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 international benchmark, supported by the Kingdom's information governance community, including national initiatives led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are thinking holistically about how to make the region attractive, consisting of having more pragmatic laws to enable experimentation and development," said the report.
Essential Tips for Operational Excellence in the GCCTop business leaders, policymakers and investors from the GCC and Latin America recently explored how countries from the 2 areas can grow trade in between each other in Dubai, UAE.More than 500 regional and global policymakers, heads of state, CEOs, service leaders, investors, and market professionals went to the first Global Organization 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 areas 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 biggest trading partner for nations in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC depends on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for vehicles and Chile for wood products, said a declaration.
The online forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how companies can take advantage of the altering patterns of global need and what role Dubai can play in assisting in the next step in service relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however internationally too, by acting as an information and research study centre, by providing service documentation, offering legal services, helping with networking chances through signature service occasions and providing nearly every possible company service, it specified.
GCC growth will reinforce in 2026, led by faster growth in hydrocarbons; non-oil development will remain strong however sluggish slightly. Non-oil activity will be supported by population growth, new markets, and public financial investment; inflation will remain soft, while financial policy will loosen. Hydrocarbons sector development will accelerate, balancing out in part lower oil costs; financial balances will be combined, with surpluses in UAE and Qatar, however deficits persist somewhere else.
SHARJAH (WAM) The GCC and broader 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 bring in funds and talent, stated magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel conversation on the very first day of SEF 2026 examining "What Does the Next Year of Endeavor Capital Appear Like", speakers agreed that the emerging regional investment landscape appears appealing.
Reacting to a question on regional startups' prospects of taking advantage of current financial 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 expense of energy, a very progressive government that is ahead in policy, guideline and information privacy; and truly strong universities that are increasingly looking at AI and ending up technical skill in AI."She included: "Our ultimate objective is to see this area, particularly the GCC, become an AI superpower.
Our most significant driver right now is investing in skill, due to the fact that in the AI race, it's the technical talent that really wins.
"International development funds are being available in, which shows clear indications of maturity of the environment The ability of the UAE and regional federal governments to bring in talent; their innovation-first method, abundance of capital here in addition to inflow globally are the crucial building blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the number of deals with the highest values, with 250 "biggest ticket size" offers tape-recorded in 2025 in the nation.
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