Evaluating Legacy Models and Future Economic Strategies

Verifying the growth of AI in the area, a report launched 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 released by KPMG highlighted Saudi Arabia's development in the technology sector and stated that 84 percent of CEOs in the country are ready to deploy AI properly, well above the 76 percent international benchmark, supported by the Kingdom's information governance community, including nationwide efforts led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are believing holistically about how to make the area appealing, including having more pragmatic laws to enable experimentation and development," stated the report.

Top business leaders, policymakers and financiers from the GCC and Latin America just recently explored how nations from the 2 areas can grow trade in between each other in Dubai, UAE.More than 500 local and international policymakers, heads of state, CEOs, magnate, investors, and industry experts went to the very first Global Service Forum Latin America held at the Atlantis Palm - Dubai.

How to Maintain a Competitive Edge in 2026

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 area were $5.6 billion, a statement from organisers stated. Both regions rely on each other for necessary items.

In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 percent of the area's total sugar imports, it included. Brazil is by far the largest trading partner for nations in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for lorries and Chile for wood items, stated a statement.

The forum was arranged by the Dubai Chamber of Commerce under the style "Moving Synergies", explores how companies can take advantage of the changing patterns of global demand and what role Dubai can play in assisting in the next step in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but globally too, by acting as a details and research study centre, by supplying business documentation, providing legal services, helping with networking opportunities by means of signature service occasions and providing nearly every conceivable organization option, it specified.

GCC growth will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil development will remain strong however sluggish slightly. Non-oil activity will be supported by population growth, new markets, and public investment; inflation will remain soft, while financial policy will loosen up. Hydrocarbons sector growth will accelerate, balancing out in part lower oil costs; fiscal balances will be blended, with surpluses in UAE and Qatar, but deficits persist elsewhere.

Accelerating Dubai Industrial Growth through Strategy

SHARJAH (WAM) The GCC and larger Middle East region is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies drawing in funds and talent, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel conversation on the first day of SEF 2026 taking a look at "What Does the Next Year of Equity Capital Appear Like", speakers concurred that the emerging local financial investment landscape appears promising.

ANSR July GCC PRs 50DR+

Reacting to a concern on local startups' potential customers of gaining from recent 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 federal government that is ahead in policy, regulation and data privacy; and truly strong universities that are significantly taking a look at AI and turning out technical skill in AI."She included: "Our supreme goal is to see this region, particularly the GCC, end up being an AI superpower.

Our biggest driver right now is buying talent, because in the AI race, it's the technical talent that truly wins."Focusing on the appearance of the area for financiers, Christos Mastoras, Creator and Handling Partner of Iliad Partners, stated: "I believe we are very lucky to onboard the three biggest banks of Greece as LPs [Limited Partners] for financial investment in the region.

"International growth funds are coming in, which reveals clear indications of maturity of the environment The capability of the UAE and regional governments to bring in skill; their innovation-first technique, abundance of capital here as well as inflow internationally are the essential structure blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the variety of handle the highest worths, with 250 "largest ticket size" offers taped in 2025 in the country.