Evaluating Legacy Systems and 2026 Business Frameworks

Affirming the development of AI in the area, a report launched by PwC earlier this month said that the usage of AI amongst the workforce in the Middle East continues to rise, with 75 percent of staff members in the region utilizing it in their jobs over the past 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's development in the innovation sector and said that 84 percent of CEOs in the nation are all set to deploy AI properly, well above the 76 percent international benchmark, supported by the Kingdom's data governance environment, including nationwide initiatives led by the Saudi Data and Expert System Authority.

Policymakers are believing holistically about how to make the region attractive, consisting of having more practical laws to enable experimentation and development," stated the report.

Top organization leaders, policymakers and investors from the GCC and Latin America recently explored how countries from the two areas can grow trade between each other in Dubai, UAE.More than 500 regional and international policymakers, presidents, CEOs, business leaders, financiers, and industry professionals participated in the first Global Business Online forum Latin America held at the Atlantis Palm - Dubai.

Evaluating Legacy Models and 2026 Business Frameworks

In 2015 the GCC made up 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 declaration from organisers said. Both areas rely on each other for important products.

In 2015 Latin America supplied 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 counts on Brazil for meat (generally poultry), Argentina for cereals, Mexico for lorries 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 companies can benefit from the altering patterns of international demand and what function Dubai can play in facilitating the next step in service relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however internationally too, by acting as an info and research study centre, by providing organization paperwork, providing legal services, facilitating networking chances by means of signature service occasions and providing nearly every imaginable service service, it mentioned.

GCC development will enhance in 2026, led by faster expansion in hydrocarbons; non-oil growth will stay strong however slow a little. Non-oil activity will be supported by population growth, new markets, and public financial investment; inflation will stay soft, while monetary policy will loosen up. Hydrocarbons sector development will speed up, balancing out in part lower oil prices; fiscal balances will be mixed, with surpluses in UAE and Qatar, but deficits continue elsewhere.

Driving Regional Industrial Growth through Strategy

SHARJAH (WAM) The GCC and wider Middle East area is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies attracting funds and talent, stated service leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel discussion on the very first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Look Like", speakers concurred that the emerging local investment landscape appears promising.

ANSR July GCC PRs 50DR+

Reacting to a question on regional startups' prospects of benefiting from recent investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have a lot choosing us in the area: the low cost of energy, an extremely progressive government that is ahead in policy, regulation and data personal privacy; and truly strong universities that are increasingly looking at AI and turning out technical talent in AI."She included: "Our ultimate goal is to see this region, particularly the GCC, end up being an AI superpower.

Our biggest motorist right now is investing in skill, due to the fact that in the AI race, it's the technical skill that really wins.

"International development funds are coming in, which reveals clear signs of maturity of the community The capability of the UAE and local governments to bring in talent; their innovation-first method, abundance of capital here in addition to inflow globally are the key 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 nation.