Comparing Legacy Models and Future Business Strategies

Affirming the growth of AI in the region, a report released by PwC previously this month said that the usage of AI amongst the workforce in the Middle East continues to rise, with 75 percent of employees in the region utilizing it in their tasks over the past 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's development 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 worldwide benchmark, supported by the Kingdom's information governance environment, consisting of nationwide initiatives led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are believing holistically about how to make the area attractive, including having more pragmatic laws to permit experimentation and growth," said the report.

Leading magnate, policymakers and investors from the GCC and Latin America recently explored how countries from the 2 regions can grow trade between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, presidents, CEOs, company leaders, investors, and industry specialists attended the first Global Organization Forum Latin America held at the Atlantis Palm - Dubai.

Evaluating Legacy Systems and 2026 Economic Strategies

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 region were $5.6 billion, a statement from organisers stated. Both regions rely on each other for vital products.

In 2015 Latin America provided nearly 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 largest trading partner for nations in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC relies on Brazil for meat (primarily 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 theme "Moving Synergies", checks out how organizations can take advantage of the altering patterns of worldwide need and what function Dubai can play in facilitating the next step in company relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but worldwide too, by functioning as an info and research study centre, by offering business documents, providing legal services, helping with networking chances via signature business events and providing nearly every conceivable business service, it stated.

GCC development will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil development will stay strong but slow slightly. Non-oil activity will be supported by population growth, new industries, and public investment; inflation will stay soft, while financial policy will loosen. Hydrocarbons sector growth will accelerate, offsetting in part lower oil costs; fiscal balances will be mixed, with surpluses in UAE and Qatar, but deficits persist somewhere else.

Industrial Excellence: a Strategic Driver for Regional Growth

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 bring in funds and skill, stated business leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the first day of SEF 2026 examining "What Does the Next Year of Equity 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' prospects 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 area: the low cost of energy, an extremely progressive federal government that is ahead in policy, regulation and information personal privacy; and actually strong universities that are increasingly looking at AI and turning out technical skill in AI."She included: "Our supreme goal is to see this region, particularly the GCC, become an AI superpower.

Our biggest chauffeur right now is investing in talent, due to the fact that in the AI race, it's the technical skill that really wins."Focusing on the beauty of the area for financiers, Christos Mastoras, Founder and Handling Partner of Iliad Partners, said: "I believe we are very lucky to onboard the 3 largest banks of Greece as LPs [Limited Partners] for financial investment in the area.

"International development funds are can be found in, which reveals clear signs of maturity of the environment The ability of the UAE and regional governments to attract skill; their innovation-first technique, abundance of capital here in addition to inflow internationally are the essential foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the number of handle the greatest worths, with 250 "largest ticket size" deals taped in 2025 in the nation.