All Categories
Featured
Table of Contents
Affirming the growth of AI in the region, a report released by PwC earlier this month said that the usage of AI among the workforce in the Middle East continues to increase, with 75 percent of workers in the area utilizing it in their jobs over the previous 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's progress in the technology sector and said that 84 percent of CEOs in the country are ready to release AI responsibly, well above the 76 percent global criteria, supported by the Kingdom's information governance ecosystem, including national initiatives led by the Saudi Data and Expert System Authority.
Policymakers are thinking holistically about how to make the area appealing, consisting of having more pragmatic laws to enable experimentation and development," stated the report.
Is Your UAE HR Method Ready for Gen Z?Top business leaders, policymakers and investors from the GCC and Latin America recently checked out how countries from the 2 regions can grow trade between each other in Dubai, UAE.More than 500 regional and global policymakers, heads of state, CEOs, magnate, financiers, 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 goods from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers said. Both areas depend on each other for important items.
In 2015 Latin America supplied almost half the meat imports into the GCC and 36 per cent of the area's total sugar imports, it added. Brazil is by far the biggest trading partner for countries in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC relies on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for vehicles and Chile for wood items, said a declaration.
The online forum was arranged by the Dubai Chamber of Commerce under the style "Moving Synergies", checks out how organizations can gain from the altering patterns of worldwide need and what function Dubai can play in facilitating the next step in business relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however worldwide too, by functioning as an info and research study centre, by supplying business documentation, using legal services, facilitating networking opportunities by means of signature business occasions and delivering practically every conceivable company service, it specified.
GCC development will strengthen 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, new markets, and public investment; inflation will remain soft, while financial policy will loosen. Hydrocarbons sector development will accelerate, offsetting in part lower oil costs; financial balances will be blended, with surpluses in UAE and Qatar, however deficits continue somewhere else.
SHARJAH (WAM) The GCC and wider Middle East area is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies attracting funds and skill, stated magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel discussion on the very first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Look Like", speakers agreed that the emerging regional investment landscape appears promising.
Responding to a concern on local start-ups' potential customers of gaining from recent financial investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have a lot opting for us in the region: the low expense of energy, a really progressive federal government that is ahead in policy, regulation and data privacy; and really strong instructional institutions that are progressively taking a look at AI and turning out technical talent in AI."She added: "Our ultimate goal is to see this area, particularly the GCC, become an AI superpower.
Our greatest driver right now is investing in talent, because in the AI race, it's the technical talent that actually wins.
"International growth funds are being available in, which shows clear indications of maturity of the community The ability of the UAE and local federal governments to draw in talent; their innovation-first method, abundance of capital here along with inflow internationally are the key building blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of deals with the greatest values, with 250 "biggest ticket size" offers recorded in 2025 in the nation.
Latest Posts
Operational Excellence: a Key Driver for 2026 Success
How AI Shift Does Fuel Success?
Comparing Innovative Models Against Traditional Business
