How to Maintain a Competitive Advantage in Dubai

Affirming the development of AI in the region, a report launched by PwC previously this month stated that the use of AI among the labor force in the Middle East continues to increase, with 75 percent of staff members in the area using it in their tasks over the past 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's progress in the innovation sector and stated that 84 percent of CEOs in the nation are prepared to deploy AI properly, well above the 76 percent global standard, supported by the Kingdom's information governance environment, 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 practical laws to permit for experimentation and growth," stated the report.

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

Emerging Strategic Shifts Defining the 2026 Regional Economy

In 2015 the GCC comprised 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 said. Both areas rely on each other for necessary products.

In 2015 Latin America provided almost half the meat imports into the GCC and 36 percent of the region's overall sugar imports, it included. Brazil is by far the largest 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 vehicles and Chile for wood products, said a statement.

The forum was organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", checks out how services can benefit from the changing patterns of international need and what role Dubai can play in helping with the next step in organization relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however internationally too, by functioning as an info and research centre, by supplying organization documentation, using legal services, facilitating networking opportunities by means of signature business occasions and delivering nearly every imaginable organization service, it stated.

GCC development will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil development will stay solid but slow a little. Non-oil activity will be supported by population growth, brand-new markets, and public financial investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector development will accelerate, offsetting in part lower oil prices; fiscal balances will be combined, with surpluses in UAE and Qatar, but deficits persist in other places.

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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 service leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel discussion on the first day of SEF 2026 analyzing "What Does the Next Year of Venture Capital Look Like", speakers agreed that the emerging local investment landscape appears appealing.

ANSR July GCC PRs 50DR+

Reacting to a question on regional start-ups' potential customers of gaining from current investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have so much going for us in the area: the low cost of energy, a really progressive government that is ahead in policy, policy and information personal privacy; and truly strong academic organizations that are increasingly taking a look at AI and ending up technical skill in AI."She included: "Our supreme objective is to see this region, specifically the GCC, end up being an AI superpower.

Our most significant driver right now is investing in skill, since in the AI race, it's the technical talent that really wins.

"International growth funds are coming in, which shows clear signs of maturity of the ecosystem The ability of the UAE and local federal governments to draw in skill; their innovation-first technique, abundance of capital here along with inflow worldwide are the crucial building blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of deals with the greatest values, with 250 "largest ticket size" offers tape-recorded in 2025 in the nation.