Evaluating Legacy Systems and 2026 Business Frameworks

Verifying the development of AI in the area, a report launched by PwC previously this month stated that the usage of AI among the labor force in the Middle East continues to increase, with 75 percent of workers in the region utilizing it in their jobs over the past 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's progress in the technology sector and said that 84 percent of CEOs in the nation are all set to release AI responsibly, well above the 76 percent global benchmark, supported by the Kingdom's information governance environment, including national efforts led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are believing holistically about how to make the area attractive, including having more pragmatic laws to allow for experimentation and growth," stated the report.

Top magnate, policymakers and financiers from the GCC and Latin America recently explored how countries from the two 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 specialists attended the very first Global Organization Forum Latin America held at the Atlantis Palm - Dubai.

Comparing Traditional Models and Future Business Strategies

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 declaration from organisers stated. Both regions count on each other for necessary items.

In 2015 Latin America provided almost half the meat imports into the GCC and 36 percent of the region's total sugar imports, it added. Brazil is by far the biggest trading partner for countries in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC counts on Brazil for meat (generally poultry), Argentina for cereals, Mexico for automobiles and Chile for wood items, said a statement.

The forum was organised by the Dubai Chamber of Commerce under the style "Moving Synergies", explores how companies can gain from the altering patterns of worldwide need and what role Dubai can play in facilitating the next action in company relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however worldwide too, by acting as an info and research centre, by offering service documentation, offering legal services, facilitating networking chances by means of signature service occasions and delivering practically every imaginable organization service, it mentioned.

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

The Strategic Benefits of Advanced Market Intelligence

SHARJAH (WAM) The GCC and broader 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 bring in funds and talent, said business leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel discussion on the first day of SEF 2026 taking a look at "What Does the Next Year of Venture Capital Appear Like", speakers concurred that the emerging regional financial investment landscape appears promising.

ANSR July GCC PRs 50DR+

Reacting to a concern on local start-ups' potential customers of benefiting from current investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have a lot going for us in the area: the low cost of energy, a really progressive government that is ahead in policy, regulation and data personal privacy; and really strong academic institutions that are progressively looking at AI and turning out technical talent in AI."She included: "Our supreme objective is to see this area, particularly the GCC, end up being an AI superpower.

Our biggest motorist today is investing in talent, due to the fact that in the AI race, it's the technical talent that truly wins."Concentrating on the appearance of the region for investors, Christos Mastoras, Founder and Managing Partner of Iliad Partners, stated: "I think we are very lucky to onboard the three biggest banks of Greece as LPs [Limited Partners] for financial investment in the area.

"International development funds are coming in, which shows clear indications of maturity of the community The ability of the UAE and regional governments to bring in talent; their innovation-first method, abundance of capital here along with inflow internationally are the crucial foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the number of handle the greatest worths, with 250 "largest ticket size" deals tape-recorded in 2025 in the nation.