Comparing Traditional Models and 2026 Economic Strategies

Verifying the growth of AI in the region, a report launched by PwC earlier this month said that the use of AI among the labor force in the Middle East continues to increase, with 75 percent of staff members in the region utilizing it in their jobs 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 ready to release AI responsibly, well above the 76 percent international benchmark, supported by the Kingdom's data governance community, consisting of nationwide efforts led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are believing holistically about how to make the region appealing, consisting of having more pragmatic laws to allow for experimentation and development," stated the report.

Top magnate, policymakers and financiers from the GCC and Latin America recently checked out how nations from the 2 regions can grow trade in between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, heads of state, CEOs, service leaders, financiers, and industry experts participated in the first Global Organization Forum Latin America held at the Atlantis Palm - Dubai.

How to Optimise Regional Operations in 2026

In 2015 the GCC comprised 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 said. Both areas depend on each other for important items.

In 2015 Latin America provided nearly half the meat imports into the GCC and 36 per cent of the area's total sugar imports, it included. Brazil is without a doubt the biggest trading partner for countries in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC relies on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, stated a declaration.

The online forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how businesses can take advantage of the altering patterns of worldwide 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 but globally too, by serving as a details and research centre, by providing company documents, using legal services, helping with networking opportunities by means of signature organization events and delivering practically every conceivable service service, it stated.

GCC development will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain strong however slow a little. Non-oil activity will be supported by population growth, brand-new industries, and public financial investment; inflation will remain soft, while monetary policy will loosen up. Hydrocarbons sector growth will accelerate, offsetting in part lower oil rates; financial balances will be blended, with surpluses in UAE and Qatar, but deficits persist somewhere else.

Industrial Excellence: a Strategic Pillar for Regional Growth

SHARJAH (WAM) The GCC and broader Middle East region is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies drawing in funds and skill, said magnate 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 Endeavor Capital Appear Like", speakers concurred that the emerging regional investment landscape appears promising.

ANSR July GCC PRs 50DR+

Reacting to a question on local startups' potential customers of benefiting from recent financial investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have a lot choosing us in the area: the low cost of energy, an extremely progressive government that is ahead in policy, guideline and data personal privacy; and really strong academic organizations that are progressively taking a look at AI and turning out technical skill in AI."She added: "Our supreme objective is to see this region, specifically the GCC, become an AI superpower.

Our most significant driver right now is buying skill, due to the fact that in the AI race, it's the technical skill that truly wins."Concentrating on the beauty of the area for financiers, Christos Mastoras, Creator and Managing Partner of Iliad Partners, stated: "I think we are really fortunate to onboard the three biggest banks of Greece as LPs [Limited Partners] for financial investment in the area.

"International development funds are can be found in, which shows clear indications of maturity of the environment The ability of the UAE and local federal governments to draw in skill; their innovation-first method, abundance of capital here along with inflow globally are the key foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the number of deals with the highest worths, with 250 "biggest ticket size" offers recorded in 2025 in the country.