Evaluating Legacy Systems and 2026 Economic Frameworks

Affirming the development of AI in the area, a report released by PwC earlier this month said that the usage of AI amongst the labor force in the Middle East continues to increase, with 75 percent of staff members in the region using it in their tasks over the previous 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's development in the innovation sector and said that 84 percent of CEOs in the country are prepared to deploy AI responsibly, well above the 76 percent international criteria, supported by the Kingdom's data governance community, including national initiatives led by the Saudi Data and Expert System Authority.

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

Top organization leaders, policymakers and financiers from the GCC and Latin America 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, service leaders, financiers, and industry professionals went to the very first Global Service Online forum Latin America held at the Atlantis Palm - Dubai.

Can Strategic Research Define Middle East Industrial Success?

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 area were $5.6 billion, a declaration from organisers stated. Both areas rely on each other for necessary products.

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 included. Brazil is by far the biggest trading partner for nations in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC relies 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 style "Shifting Synergies", explores how companies can take advantage of the altering patterns of international demand and what role 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 globally too, by serving as a details and research centre, by offering business paperwork, using legal services, helping with networking opportunities by means of signature company events and providing practically every possible service solution, it stated.

GCC growth will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil development will stay solid but sluggish a little. Non-oil activity will be supported by population growth, brand-new markets, and public financial investment; inflation will remain soft, while monetary policy will loosen up. Hydrocarbons sector development will accelerate, offsetting in part lower oil costs; financial balances will be mixed, with surpluses in UAE and Qatar, however deficits persist elsewhere.

Essential Steps for Operational Excellence in Dubai

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 attracting funds and talent, stated magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the first day of SEF 2026 examining "What Does the Next Year of Venture Capital Look Like", speakers concurred that the emerging regional financial investment landscape appears promising.

ANSR July GCC PRs 50DR+

Responding to a concern on local startups' prospects of gaining from current financial investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have a lot going for us in the area: 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 significantly taking a look at AI and turning out technical talent in AI."She added: "Our ultimate objective is to see this region, specifically the GCC, become an AI superpower.

Our greatest chauffeur today is purchasing talent, due to the fact that in the AI race, it's the technical skill that really wins."Concentrating on the attractiveness of the area for investors, Christos Mastoras, Creator and Managing 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 can be found in, which reveals clear signs of maturity of the environment The ability of the UAE and regional federal governments to draw in skill; their innovation-first technique, abundance of capital here as well as inflow worldwide are the essential foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the variety of deals with the highest values, with 250 "largest ticket size" deals taped in 2025 in the nation.