Evaluating Legacy Models and 2026 Economic Strategies

Affirming the growth of AI in the area, a report released by PwC earlier this month said that the use 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 previous 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's progress in the innovation sector and said that 84 percent of CEOs in the nation are all set to release AI properly, well above the 76 percent worldwide criteria, supported by the Kingdom's information governance ecosystem, including national initiatives led by the Saudi Data and Expert System Authority.

Policymakers are believing holistically about how to make the region appealing, including having more practical laws to allow for experimentation and growth," said the report.

Top company leaders, policymakers and financiers from the GCC and Latin America recently explored how countries from the 2 regions can grow trade in between each other in Dubai, UAE.More than 500 local and global policymakers, heads of state, CEOs, magnate, financiers, and industry specialists participated in the very first Global Organization Forum Latin America held at the Atlantis Palm - Dubai.

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In 2015 the GCC comprised of the UAE, Bahrain, Kuwait, Oman, Qatar and Saudi Arabia, imported $11 billion worth of goods from Latin America. And exports to Latin America from the area were $5.6 billion, a declaration from organisers said. Both regions count on each other for vital items.

In 2015 Latin America provided almost half the meat imports into the GCC and 36 percent of the area's overall sugar imports, it included. Brazil is by far the biggest trading partner for nations in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC counts on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for automobiles and Chile for wood items, stated a declaration.

The forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how services can benefit from the altering patterns of international need and what role Dubai can play in assisting in the next action in service relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but worldwide too, by serving as an information and research study centre, by providing organization documentation, offering legal services, facilitating networking opportunities by means of signature service events and providing almost every possible service solution, it stated.

GCC growth will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil development will remain solid however sluggish slightly. Non-oil activity will be supported by population growth, new industries, and public investment; inflation will stay soft, while monetary policy will loosen up. Hydrocarbons sector development will accelerate, balancing out in part lower oil rates; fiscal balances will be blended, with surpluses in UAE and Qatar, but deficits continue elsewhere.

Industrial Excellence: a Strategic Pillar for 2026 Success

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 federal government policies drawing in funds and talent, said magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel discussion on the very first day of SEF 2026 examining "What Does the Next Year of Equity Capital Look Like", speakers agreed that the emerging regional investment landscape appears promising.

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Reacting to a concern on local start-ups' potential customers of benefiting from current financial investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have a lot choosing us in the region: the low expense of energy, a really progressive federal government that is ahead in policy, regulation and information privacy; and actually strong instructional institutions that are increasingly looking at AI and ending up technical skill in AI."She included: "Our ultimate objective is to see this region, specifically the GCC, end up being an AI superpower.

Our biggest motorist today is investing in skill, due to the fact that in the AI race, it's the technical talent that truly wins."Focusing on the attractiveness of the area for investors, Christos Mastoras, Creator and Handling Partner of Iliad Partners, stated: "I believe we are extremely lucky to onboard the 3 largest banks of Greece as LPs [Limited Partners] for financial investment in the area.

"International development funds are being available in, which shows clear signs of maturity of the environment The ability of the UAE and regional governments to draw in talent; their innovation-first technique, abundance of capital here along with inflow worldwide are the key building blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the number of offers with the greatest values, with 250 "biggest ticket size" deals recorded in 2025 in the country.