Reviewing New Market Data for Future Growth

Affirming the growth of AI in the area, a report launched by PwC previously this month said that the use of AI amongst the workforce in the Middle East continues to increase, with 75 percent of workers in the area using it in their tasks over the previous 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's progress 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 international criteria, supported by the Kingdom's information governance environment, including nationwide efforts led by the Saudi Data and Expert System Authority.

Policymakers are believing holistically about how to make the area attractive, consisting of having more practical laws to enable for experimentation and development," stated the report.

Leading magnate, policymakers and financiers from the GCC and Latin America just recently checked out how countries from the 2 regions can grow trade in between each other in Dubai, UAE.More than 500 regional and international policymakers, presidents, CEOs, business leaders, investors, and industry professionals participated in the first Global Organization Online forum Latin America held at the Atlantis Palm - Dubai.

Comparing Legacy Systems and Future Business Frameworks

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 declaration from organisers stated. Both regions rely on each other for necessary 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 added. Brazil is by far the biggest trading partner for nations in the region, 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 statement.

The online forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how organizations can benefit from the changing patterns of international demand and what function Dubai can play in helping with the next step in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however worldwide too, by functioning as an info and research centre, by offering business paperwork, using legal services, facilitating networking chances via signature business occasions and delivering nearly every imaginable company option, it mentioned.

GCC growth will enhance in 2026, led by faster expansion in hydrocarbons; non-oil development will remain strong however sluggish slightly. Non-oil activity will be supported by population development, new industries, and public investment; inflation will remain soft, while financial policy will loosen. Hydrocarbons sector growth will speed up, offsetting in part lower oil rates; fiscal balances will be combined, with surpluses in UAE and Qatar, however deficits persist in other places.

Reviewing 2026 Market Data for Future Growth

SHARJAH (WAM) The GCC and wider 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 skill, said service leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel conversation on the first day of SEF 2026 examining "What Does the Next Year of Equity Capital Look Like", speakers agreed that the emerging local investment landscape appears promising.

ANSR July GCC PRs 50DR+

Reacting to a question on local start-ups' prospects of gaining from current financial investments in digital infrastructure, Tala Al Jabri, Creator and Managing Partner of Wyld VC stated: "We have so much choosing us in the area: the low cost of energy, a really progressive federal government that is ahead in policy, regulation and data personal privacy; and actually strong educational institutions that are progressively taking a look at AI and turning out technical talent in AI."She added: "Our ultimate objective is to see this area, specifically the GCC, become an AI superpower.

Our most significant driver right now is investing in talent, due to the fact that in the AI race, it's the technical talent that truly 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 talent; their innovation-first method, abundance of capital here along with inflow globally are the crucial foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the variety of handle the greatest values, with 250 "biggest ticket size" deals taped in 2025 in the nation.