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Affirming the growth of AI in the region, a report launched by PwC previously this month said that the usage of AI among the labor force in the Middle East continues to increase, with 75 percent of staff members in the region using 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 nation are ready to deploy AI properly, well above the 76 percent international standard, supported by the Kingdom's information governance ecosystem, including nationwide initiatives led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are believing holistically about how to make the region appealing, consisting of having more practical laws to permit experimentation and development," said the report.
Is Your Qatar Strategy Lined Up With New Regulatory Realities?Top magnate, policymakers and financiers from the GCC and Latin America recently explored how nations from the two regions can grow trade between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, presidents, CEOs, magnate, investors, and market professionals attended the first Global Company 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 declaration from organisers stated. Both regions depend on each other for necessary items.
In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the area's total sugar imports, it included. Brazil is by far the biggest trading partner for countries in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC relies on Brazil for meat (generally poultry), Argentina for cereals, Mexico for vehicles and Chile for wood products, said a declaration.
The online forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how services can gain from the altering patterns of international demand and what role Dubai can play in facilitating 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 functioning as an information and research centre, by offering company documentation, providing legal services, helping with networking opportunities through signature business events and delivering almost every conceivable organization option, it mentioned.
GCC growth will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain strong however sluggish somewhat. Non-oil activity will be supported by population development, brand-new markets, and public financial investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector development will speed up, balancing out in part lower oil costs; fiscal balances will be mixed, with surpluses in UAE and Qatar, however deficits persist in other places.
SHARJAH (WAM) The GCC and broader Middle East region is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies attracting funds and skill, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel discussion on the first day of SEF 2026 examining "What Does the Next Year of Equity Capital Appear Like", speakers concurred that the emerging regional investment landscape appears appealing.
How to Build a Sustainable Presence in Saudi ArabiaReacting to a question on local startups' potential customers of taking advantage of 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 expense of energy, a very progressive government that is ahead in policy, guideline and data personal privacy; and truly strong universities that are progressively taking a look at AI and ending up technical skill in AI."She added: "Our ultimate objective is to see this region, particularly the GCC, become an AI superpower.
Our greatest motorist right now is investing in talent, since in the AI race, it's the technical talent that truly wins.
"International development funds are coming in, which reveals clear indications of maturity of the ecosystem The capability of the UAE and regional governments to bring in talent; their innovation-first technique, abundance of capital here as well as inflow internationally are the essential building blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the variety of offers with the greatest worths, with 250 "largest ticket size" deals taped in 2025 in the country.
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