Predicting the Next Middle East Business Environment

Affirming the development of AI in the area, a report released by PwC earlier this month said that the usage of AI amongst the workforce in the Middle East continues to increase, with 75 percent of workers in the region 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 ready to deploy AI properly, well above the 76 percent worldwide standard, supported by the Kingdom's data governance ecosystem, consisting of 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 pragmatic laws to permit experimentation and growth," stated the report.

Leading magnate, policymakers and investors from the GCC and Latin America just recently explored how nations from the 2 regions can grow trade between each other in Dubai, UAE.More than 500 regional and global policymakers, heads of state, CEOs, organization leaders, investors, and market experts participated in the very first Global Service Forum Latin America held at the Atlantis Palm - Dubai.

The Strategic Benefits of Advanced Market Research

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 area were $5.6 billion, a statement from organisers stated. Both areas count on each other for essential items.

In 2015 Latin America supplied almost half the meat imports into the GCC and 36 per cent of the area's total sugar imports, it added. Brazil is without a doubt 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 (primarily poultry), Argentina for cereals, Mexico for lorries and Chile for wood items, stated a declaration.

The online forum was arranged by the Dubai Chamber of Commerce under the style "Moving Synergies", explores how organizations can benefit from the altering patterns of international need and what role Dubai can play in helping with the next step in business relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however worldwide too, by functioning as an information and research study centre, by supplying service documents, using legal services, assisting in networking chances by means of signature company events and providing nearly every possible service solution, it mentioned.

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

Navigating the 2026 GCC Business Environment

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 drawing in funds and talent, stated company leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel conversation on the very first day of SEF 2026 analyzing "What Does the Next Year of Venture Capital Appear Like", speakers concurred that the emerging local financial investment landscape appears promising.

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Reacting to a question on local startups' potential customers of taking advantage of current financial investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have so much opting for us in the region: the low cost of energy, an extremely progressive government that is ahead in policy, guideline and data privacy; and truly strong educational organizations that are progressively taking a look at AI and turning out technical skill in AI."She included: "Our supreme goal is to see this region, specifically the GCC, become an AI superpower.

Our greatest chauffeur right now is investing in skill, due to the fact that in the AI race, it's the technical skill that actually wins.

"International growth funds are coming in, which shows clear indications of maturity of the community The ability of the UAE and local federal governments to attract talent; their innovation-first approach, abundance of capital here in addition to inflow worldwide are the key foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the variety of handle the greatest values, with 250 "largest ticket size" offers tape-recorded in 2025 in the country.