Evaluating Legacy Systems and 2026 Economic Frameworks

Verifying the growth of AI in the area, a report released by PwC earlier this month said that the usage of AI amongst the labor force in the Middle East continues to increase, with 75 percent of employees in the area utilizing it in their jobs over the previous 12 months.

In November, a report released 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 global benchmark, supported by the Kingdom's data governance ecosystem, including national efforts led by the Saudi Data and Expert System Authority.

Policymakers are thinking holistically about how to make the area appealing, including having more practical laws to permit experimentation and development," said the report.

Top magnate, policymakers and investors from the GCC and Latin America recently explored how nations from the 2 regions can grow trade between each other in Dubai, UAE.More than 500 regional and international policymakers, presidents, CEOs, magnate, investors, and industry experts attended the very first Global Service Online forum Latin America held at the Atlantis Palm - Dubai.

Navigating the 2026 Middle East Business Landscape

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 area were $5.6 billion, a statement from organisers stated. Both areas depend on each other for necessary 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 included. Brazil is without a doubt 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 products, stated a declaration.

The forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how services can take advantage of the altering patterns of international demand and what function Dubai can play in facilitating the next step in business relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however globally too, by serving as an info and research study centre, by supplying business paperwork, offering legal services, assisting in networking chances through signature business occasions and delivering almost every conceivable service option, it specified.

GCC growth will reinforce in 2026, led by faster growth in hydrocarbons; non-oil growth will remain strong however slow a little. Non-oil activity will be supported by population development, brand-new markets, and public investment; inflation will remain soft, while financial policy will loosen up. Hydrocarbons sector development will accelerate, balancing out in part lower oil prices; fiscal balances will be blended, with surpluses in UAE and Qatar, however deficits persist somewhere else.

Industrial Excellence: a Key Driver for Regional Growth

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 bring in funds and talent, stated magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel conversation on the first day of SEF 2026 taking a look at "What Does the Next Year of Venture Capital Appear Like", speakers concurred that the emerging regional investment landscape appears appealing.

ANSR July GCC PRs 50DR+

Reacting to a concern on local start-ups' prospects of gaining from recent investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have a lot choosing us in the area: the low expense of energy, a very progressive federal government that is ahead in policy, regulation and information personal privacy; and truly strong universities that are increasingly looking at AI and ending up technical skill in AI."She added: "Our ultimate goal is to see this area, specifically the GCC, become an AI superpower.

Our greatest driver right now is investing in talent, due to the fact that in the AI race, it's the technical talent that actually wins.

"International growth funds are coming in, which reveals clear signs of maturity of the environment The capability of the UAE and local governments to draw in talent; their innovation-first method, abundance of capital here in addition to inflow globally are the essential foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the number of deals with the highest worths, with 250 "biggest ticket size" deals taped in 2025 in the nation.