All Categories
Featured
Table of Contents
Verifying the development of AI in the region, a report launched by PwC earlier this month stated that the usage of AI amongst the workforce in the Middle East continues to rise, with 75 percent of employees in the area utilizing it in their tasks over the past 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's progress in the innovation sector and said that 84 percent of CEOs in the country are ready to release AI responsibly, well above the 76 percent international benchmark, supported by the Kingdom's data governance community, including nationwide efforts led by the Saudi Data and Expert System Authority.
Policymakers are thinking holistically about how to make the region attractive, including having more practical laws to enable experimentation and growth," stated the report.
Emerging Trends in the Future GCC MarketLeading organization leaders, policymakers and investors from the GCC and Latin America recently checked out how countries from the two areas can grow trade in between each other in Dubai, UAE.More than 500 regional and global policymakers, presidents, CEOs, magnate, investors, and market professionals participated in the first Global Company 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 regions count on each other for vital products.
In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the region's overall sugar imports, it added. Brazil is without a doubt the biggest trading partner for countries in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC relies on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for cars and Chile for wood products, said a statement.
The online forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how services can gain from the changing patterns of global need and what function Dubai can play in helping with the next step in service relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however internationally too, by functioning as an info and research centre, by providing service documents, offering legal services, helping with networking opportunities via signature service events and providing almost every imaginable company solution, it stated.
GCC development will enhance in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain solid but sluggish slightly. Non-oil activity will be supported by population development, brand-new markets, and public investment; inflation will remain soft, while financial policy will loosen. Hydrocarbons sector growth will accelerate, offsetting in part lower oil rates; financial balances will be combined, with surpluses in UAE and Qatar, but deficits continue elsewhere.
SHARJAH (WAM) The GCC and wider Middle East area is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies drawing in funds and skill, stated organization leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel conversation on the first day of SEF 2026 examining "What Does the Next Year of Endeavor Capital Appear Like", speakers concurred that the emerging local investment landscape appears appealing.
Predicting the 2026 Middle East Business EnvironmentReacting to a concern on local startups' potential customers of gaining from current financial investments in digital facilities, Tala Al Jabri, Founder and Handling 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 actually strong academic institutions that are significantly looking at AI and turning out technical skill in AI."She included: "Our supreme objective is to see this area, particularly the GCC, end up being an AI superpower.
Our biggest driver right now is investing in skill, since in the AI race, it's the technical talent that actually wins.
"International growth funds are can be found in, which shows clear indications of maturity of the environment The ability of the UAE and regional governments to bring in skill; their innovation-first approach, abundance of capital here along with inflow worldwide are the key building blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the number of deals with the highest values, with 250 "biggest ticket size" offers recorded in 2025 in the country.
Latest Posts
Ways to Leverage GCC Research for 2026 Growth
Bridging Policy and Operational Excellence in the Middle East
Unlocking Process Excellence in the Industrial Landscape
