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Verifying the growth of AI in the region, a report released by PwC earlier this month said that the use of AI amongst the labor force in the Middle East continues to rise, with 75 percent of workers in the region using it in their tasks over the previous 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 release AI properly, well above the 76 percent international criteria, supported by the Kingdom's information governance ecosystem, consisting of nationwide initiatives led by the Saudi Data and Expert System Authority.
Policymakers are thinking holistically about how to make the region appealing, consisting of having more practical laws to permit experimentation and development," said the report.
Browsing the Legal Subtleties of Qatar's Private Sector GrowthTop service leaders, policymakers and investors from the GCC and Latin America recently checked out how nations from the two areas can grow trade between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, heads of state, CEOs, service leaders, investors, and market specialists attended the very first Global Organization Online forum Latin America held at the Atlantis Palm - Dubai.
In 2015 the GCC comprised of the UAE, Bahrain, Kuwait, Oman, Qatar and Saudi Arabia, imported $11 billion worth of products from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers said. Both regions count on each other for vital items.
In 2015 Latin America provided almost half the meat imports into the GCC and 36 per cent of the area's overall sugar imports, it included. Brazil is without a doubt the largest trading partner for countries in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (primarily 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 theme "Moving Synergies", explores how companies can gain from the changing patterns of global demand and what role Dubai can play in assisting in the next action in business relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but internationally too, by functioning as a details and research centre, by offering organization paperwork, offering legal services, helping with networking opportunities through signature service events and providing practically every possible business service, it stated.
GCC growth will enhance 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 development, new industries, and public investment; inflation will stay soft, while monetary policy will loosen up. Hydrocarbons sector growth will speed up, offsetting in part lower oil costs; fiscal balances will be blended, with surpluses in UAE and Qatar, however deficits continue elsewhere.
SHARJAH (WAM) The GCC and broader Middle East area is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies attracting funds and talent, said business leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel discussion on the very first day of SEF 2026 analyzing "What Does the Next Year of Endeavor Capital Appear Like", speakers agreed that the emerging local financial investment landscape appears appealing.
The Conclusive Guide to Saudi Arabia's Unique Economic ZonesReacting 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 said: "We have a lot opting for us in the region: the low expense of energy, an extremely progressive government that is ahead in policy, regulation and data personal privacy; and truly strong academic organizations that are significantly looking at AI and ending up technical talent in AI."She added: "Our ultimate objective is to see this region, specifically the GCC, become an AI superpower.
Our greatest motorist right now is investing in skill, due to the fact that in the AI race, it's the technical skill that really wins.
"International development funds are can be found in, which reveals clear indications of maturity of the environment The ability of the UAE and local federal governments to attract skill; their innovation-first method, abundance of capital here along with inflow globally are the crucial foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the variety of offers with the greatest values, with 250 "largest ticket size" deals recorded in 2025 in the nation.
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