Comparing Legacy Models and Future Economic Frameworks thumbnail

Comparing Legacy Models and Future Economic Frameworks

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Affirming the growth of AI in the area, a report launched by PwC previously this month stated that the use of AI amongst the labor force in the Middle East continues to rise, 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 innovation sector and stated that 84 percent of CEOs in the nation are ready to deploy AI responsibly, well above the 76 percent global benchmark, supported by the Kingdom's information governance community, consisting of nationwide efforts led by the Saudi Data and Expert System Authority.

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

Boosting Dubai Manufacturing Growth Strategies

Leading magnate, policymakers and investors from the GCC and Latin America just recently checked out how nations from the 2 regions can grow trade between each other in Dubai, UAE.More than 500 local and international policymakers, heads of state, CEOs, organization leaders, financiers, and market professionals went to the very first Global Company Forum Latin America held at the Atlantis Palm - Dubai.

The Strategic Benefits of Advanced Market Research

In 2015 the GCC comprised of the UAE, Bahrain, Kuwait, Oman, Qatar and Saudi Arabia, imported $11 billion worth of products from Latin America. And exports to Latin America from the region were $5.6 billion, a declaration from organisers stated. Both regions count on each other for essential products.

In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 per cent of the area's total sugar imports, it added. Brazil is without a doubt the largest trading partner for nations in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, said a declaration.

The online forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how organizations can gain from the changing patterns of global demand and what role Dubai can play in assisting in the next action in company relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however internationally too, by functioning as a details and research study centre, by supplying organization documentation, offering legal services, assisting in networking opportunities through signature company occasions and delivering practically every imaginable company service, it mentioned.

GCC development will reinforce in 2026, led by faster growth in hydrocarbons; non-oil development will stay strong however slow slightly. Non-oil activity will be supported by population growth, new markets, and public financial investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector growth will accelerate, offsetting in part lower oil rates; financial balances will be mixed, with surpluses in UAE and Qatar, however deficits persist in other places.

Accelerating Dubai Industrial Expansion through Strategy

SHARJAH (WAM) The GCC and wider Middle East region 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, said magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the very first day of SEF 2026 taking a look at "What Does the Next Year of Endeavor Capital Appear Like", speakers agreed that the emerging regional investment landscape appears promising.

Boosting Dubai Manufacturing Growth Strategies
ANSR July GCC PRs 50DR+ANSR July GCC PRs 50DR+


Reacting to a question on local startups' potential customers of taking advantage of recent investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have a lot choosing us in the region: the low expense of energy, an extremely progressive federal government that is ahead in policy, regulation and data privacy; and really strong educational institutions that are increasingly taking a look at AI and ending up technical talent in AI."She added: "Our ultimate objective is to see this area, particularly the GCC, become an AI superpower.

Our greatest driver today is investing in talent, due to the fact that in the AI race, it's the technical talent that actually wins."Concentrating on the appearance of the area for investors, Christos Mastoras, Founder and Managing Partner of Iliad Partners, stated: "I believe we are very fortunate to onboard the three biggest banks of Greece as LPs [Limited Partners] for investment in the area.

"International development funds are can be found in, which shows clear indications of maturity of the environment The ability of the UAE and regional federal governments to attract skill; their innovation-first technique, abundance of capital here along with inflow globally are the essential foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of deals with the greatest values, with 250 "largest ticket size" deals taped in 2025 in the nation.