All Categories
Featured
Table of Contents
Affirming the development of AI in the area, a report launched by PwC earlier this month said that the usage of AI among the labor force in the Middle East continues to increase, with 75 percent of employees in the region utilizing it in their tasks over the past 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's development in the technology sector and stated that 84 percent of CEOs in the country are all set to deploy AI responsibly, well above the 76 percent international standard, supported by the Kingdom's information governance environment, including nationwide initiatives led by the Saudi Data and Expert System Authority.
Policymakers are believing holistically about how to make the area appealing, consisting of having more pragmatic laws to permit experimentation and growth," stated the report.
From Cost Centers to Worth Drivers: The SSC AdvancementLeading magnate, policymakers and investors from the GCC and Latin America recently checked out how nations from the two regions can grow trade between each other in Dubai, UAE.More than 500 local and global policymakers, heads of state, CEOs, magnate, financiers, and industry professionals went to the 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 goods from Latin America. And exports to Latin America from the region were $5.6 billion, a statement from organisers said. Both regions depend on each other for necessary items.
In 2015 Latin America provided almost half the meat imports into the GCC and 36 per cent of the area's overall sugar imports, it added. Brazil is by far the largest trading partner for countries in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC counts on Brazil for meat (generally poultry), Argentina for cereals, Mexico for automobiles and Chile for wood items, stated a declaration.
The online forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how services can gain from the altering patterns of worldwide need and what function Dubai can play in facilitating the next step in service relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but worldwide too, by acting as an information and research study centre, by supplying company paperwork, using legal services, assisting in networking chances via signature company events and providing almost every possible business service, it mentioned.
GCC growth will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil growth will stay solid however slow a little. Non-oil activity will be supported by population growth, brand-new industries, and public investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector growth will speed up, balancing out in part lower oil prices; financial balances will be blended, with surpluses in UAE and Qatar, however deficits persist elsewhere.
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 magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel discussion on the very first day of SEF 2026 analyzing "What Does the Next Year of Endeavor Capital Appear Like", speakers concurred that the emerging local investment landscape appears appealing.
Responding to a question on regional startups' potential customers of taking advantage of recent investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC stated: "We have so much choosing us in the region: the low cost of energy, a really progressive government that is ahead in policy, policy and data privacy; and actually strong universities that are increasingly taking a look at AI and turning out technical talent in AI."She included: "Our supreme objective is to see this area, particularly the GCC, become an AI superpower.
Our most significant chauffeur today is purchasing skill, due to the fact that in the AI race, it's the technical skill that actually wins."Focusing on the appearance of the region for financiers, Christos Mastoras, Founder and Handling Partner of Iliad Partners, stated: "I think we are extremely fortunate to onboard the 3 largest banks of Greece as LPs [Limited Partners] for financial investment in the area.
"International development funds are can be found in, which shows clear signs of maturity of the community The ability of the UAE and regional federal governments to bring in talent; their innovation-first method, abundance of capital here as well as inflow worldwide are the key building blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the variety of handle the greatest worths, with 250 "largest ticket size" offers tape-recorded in 2025 in the nation.
Latest Posts
Strategic Tips for Mastering the GCC Landscape
Optimising Corporate ROI through Advanced Market Research
Essential Middle East Market Research Reports for 2026
