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Verifying the development of AI in the region, a report launched by PwC earlier this month said that the usage of AI among the workforce in the Middle East continues to rise, with 75 percent of employees in the area utilizing it in their jobs over the past 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's development in the technology sector and stated that 84 percent of CEOs in the nation are all set to deploy AI responsibly, well above the 76 percent worldwide criteria, 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 region appealing, including having more pragmatic laws to enable experimentation and growth," stated the report.
How to Secure a Leading Edge in DubaiLeading magnate, policymakers and investors from the GCC and Latin America recently explored how nations from the two regions can grow trade in between each other in Dubai, UAE.More than 500 regional and global policymakers, heads of state, CEOs, magnate, financiers, and market professionals went to the very first Global Company Online 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 goods from Latin America. And exports to Latin America from the area were $5.6 billion, a declaration from organisers stated. Both areas depend on each other for vital products.
In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the area's total sugar imports, it added. Brazil is without a doubt the biggest trading partner for nations in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC depends on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for vehicles and Chile for wood products, stated a declaration.
The forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how companies can take advantage of the altering patterns of international need and what function Dubai can play in assisting in the next step in service relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but worldwide too, by acting as an information and research study centre, by providing service paperwork, providing legal services, assisting in networking chances through signature business events and providing practically every possible company solution, it stated.
GCC growth will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil development will remain strong however slow somewhat. Non-oil activity will be supported by population growth, brand-new markets, and public financial investment; inflation will remain soft, while monetary policy will loosen. Hydrocarbons sector growth will accelerate, offsetting in part lower oil prices; fiscal balances will be mixed, with surpluses in UAE and Qatar, however deficits continue somewhere else.
SHARJAH (WAM) The GCC and wider 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 skill, stated magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel conversation on the very first day of SEF 2026 taking a look at "What Does the Next Year of Equity Capital Look Like", speakers concurred that the emerging regional investment landscape appears promising.
Responding to a question on regional start-ups' potential customers of gaining from current financial investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have so much choosing us in the region: the low expense of energy, a very progressive government that is ahead in policy, regulation and data privacy; and actually strong universities that are progressively taking a look at AI and ending up technical talent in AI."She included: "Our ultimate objective is to see this region, specifically the GCC, become an AI superpower.
Our greatest driver right now is investing in skill, because in the AI race, it's the technical skill that really wins."Focusing on the appearance of the area for financiers, Christos Mastoras, Creator and Managing Partner of Iliad Partners, said: "I believe we are extremely fortunate to onboard the three largest banks of Greece as LPs [Limited Partners] for investment in the area.
"International development funds are being available in, which reveals clear indications of maturity of the ecosystem The ability of the UAE and regional federal governments to attract skill; their innovation-first method, abundance of capital here along with inflow internationally are the essential building blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of handle the greatest worths, with 250 "biggest ticket size" deals recorded in 2025 in the country.
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