Comparing Legacy Models and 2026 Economic Frameworks

Verifying the growth of AI in the region, a report released by PwC previously this month said that the usage of AI amongst the workforce in the Middle East continues to increase, with 75 percent of employees in the area utilizing it in their jobs over the past 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's progress in the innovation sector and stated that 84 percent of CEOs in the nation are all set to deploy AI properly, well above the 76 percent global criteria, supported by the Kingdom's data governance community, consisting of national efforts led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are thinking holistically about how to make the area appealing, including having more pragmatic laws to permit experimentation and growth," stated the report.

Top magnate, policymakers and financiers from the GCC and Latin America recently explored how countries from the 2 regions can grow trade between each other in Dubai, UAE.More than 500 regional and global policymakers, presidents, CEOs, company leaders, investors, and industry specialists attended the first Global Business Forum Latin America held at the Atlantis Palm - Dubai.

How to Secure a Leading Advantage in 2026

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 said. Both regions count on each other for vital items.

In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 percent of the area's total sugar imports, it included. Brazil is by far the largest trading partner for countries in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for automobiles and Chile for wood items, said a declaration.

The online forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how companies can benefit from the altering patterns of worldwide need 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 but worldwide too, by functioning as an info and research study centre, by supplying company documents, offering legal services, facilitating networking opportunities by means of signature business occasions and delivering almost every possible service option, it mentioned.

GCC development will reinforce in 2026, led by faster growth in hydrocarbons; non-oil growth will stay strong however slow a little. Non-oil activity will be supported by population development, brand-new markets, and public financial investment; inflation will remain soft, while financial policy will loosen. Hydrocarbons sector growth will speed up, balancing out in part lower oil prices; fiscal balances will be blended, with surpluses in UAE and Qatar, however deficits continue elsewhere.

Can Strategic Research Define Dubai Industrial Success?

SHARJAH (WAM) The GCC and larger Middle East area is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies bring in funds and talent, said service leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel discussion on the very first day of SEF 2026 analyzing "What Does the Next Year of Venture Capital Look Like", speakers agreed that the emerging local investment landscape appears appealing.

ANSR July GCC PRs 50DR+

Reacting to a question on regional startups' potential customers of benefiting from recent investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have a lot going for us in the region: the low cost of energy, a very progressive government that is ahead in policy, policy and data personal privacy; and truly strong universities that are progressively taking a look at AI and turning out technical talent in AI."She added: "Our ultimate goal is to see this region, particularly the GCC, end up being an AI superpower.

Our greatest driver right now is investing in talent, since in the AI race, it's the technical skill that actually wins.

"International development funds are coming in, which reveals clear indications of maturity of the environment The ability of the UAE and local federal governments to draw in skill; their innovation-first technique, abundance of capital here in addition to inflow globally are the essential foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of handle the highest values, with 250 "largest ticket size" deals recorded in 2025 in the country.