All Categories
Featured
Table of Contents
Affirming the development of AI in the region, a report released by PwC earlier this month said that the use of AI among the labor force in the Middle East continues to rise, with 75 percent of workers in the region utilizing it in their tasks over the past 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's development in the innovation sector and said that 84 percent of CEOs in the country are all set to release AI responsibly, well above the 76 percent international standard, supported by the Kingdom's data governance ecosystem, 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 pragmatic laws to enable experimentation and development," stated the report.
Top business leaders, policymakers and financiers 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 regional and global policymakers, presidents, CEOs, magnate, financiers, and industry professionals went to the very first Global Service 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 items from Latin America. And exports to Latin America from the region were $5.6 billion, a statement from organisers stated. Both areas depend on each other for vital items.
In 2015 Latin America supplied nearly 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 biggest trading partner for countries in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC counts on Brazil for meat (generally poultry), Argentina for cereals, Mexico for vehicles and Chile for wood products, stated a statement.
The forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how organizations can benefit from the changing patterns of international demand and what function Dubai can play in helping with the next action in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but internationally too, by acting as a details and research centre, by offering business documentation, providing legal services, facilitating networking opportunities by means of signature organization events and providing practically every possible service option, it specified.
GCC growth will enhance in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain solid but sluggish slightly. Non-oil activity will be supported by population growth, brand-new markets, and public investment; inflation will remain soft, while monetary policy will loosen up. Hydrocarbons sector growth will speed up, balancing out in part lower oil costs; financial balances will be combined, with surpluses in UAE and Qatar, but deficits persist somewhere else.
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 federal government policies attracting funds and talent, stated service leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel discussion on the first day of SEF 2026 examining "What Does the Next Year of Venture Capital Appear Like", speakers concurred that the emerging local financial investment landscape appears appealing.

Responding to a concern on local start-ups' prospects of benefiting from recent investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have a lot choosing us in the area: the low cost of energy, a really progressive government that is ahead in policy, policy and information personal privacy; and really strong instructional organizations that are progressively taking a look at AI and turning out technical talent in AI."She added: "Our supreme goal is to see this region, particularly the GCC, end up being an AI superpower.
Our biggest chauffeur right now is investing in skill, due to the fact that in the AI race, it's the technical talent that really wins.
"International development funds are being available in, which shows clear indications of maturity of the environment The capability of the UAE and local governments to bring in talent; their innovation-first approach, abundance of capital here as well as inflow internationally are the key structure blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the variety of offers with the greatest worths, with 250 "biggest ticket size" offers recorded in 2025 in the nation.
Latest Posts
Why Is Business Excellence Crucial for Future Growth?

Key GCC Market Research Insights for 2026

Scaling Corporate Growth Through Operational Innovation