How to Secure a Competitive Edge in Dubai

Affirming the development of AI in the area, a report released 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 staff members in the region using it in their jobs over the previous 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 nation are ready to deploy AI properly, well above the 76 percent international benchmark, supported by the Kingdom's data governance community, consisting of national initiatives led by the Saudi Data and Expert System Authority.

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

Leading magnate, policymakers and investors from the GCC and Latin America recently explored how nations from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, presidents, CEOs, magnate, financiers, and industry professionals attended the very first Global Company Online forum Latin America held at the Atlantis Palm - Dubai.

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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 statement from organisers said. Both regions depend 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 region's total sugar imports, it included. Brazil is by far the largest trading partner for nations in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC counts on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for vehicles and Chile for wood items, stated a statement.

The forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how businesses can take advantage of the altering patterns of international need and what function Dubai can play in helping with the next action in company relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but internationally too, by serving as an information and research study centre, by providing service paperwork, offering legal services, helping with networking opportunities by means of signature company occasions and providing almost every possible service service, it mentioned.

GCC development will enhance in 2026, led by faster expansion in hydrocarbons; non-oil growth will stay solid however slow slightly. Non-oil activity will be supported by population development, brand-new industries, and public financial investment; inflation will stay soft, while financial policy will loosen. Hydrocarbons sector development will speed up, balancing out in part lower oil costs; fiscal balances will be mixed, with surpluses in UAE and Qatar, however deficits persist elsewhere.

Emerging Future Trends Shaping the 2026 GCC Market

SHARJAH (WAM) The GCC and larger 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 drawing in 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 examining "What Does the Next Year of Equity Capital Look Like", speakers agreed that the emerging regional financial investment landscape appears promising.

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Responding to a concern on regional start-ups' prospects of gaining from current financial 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 cost of energy, a very progressive federal government that is ahead in policy, policy and information personal privacy; and really strong universities that are significantly taking a look 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 greatest motorist today is purchasing talent, since in the AI race, it's the technical talent that really wins."Focusing on the appearance of the region for financiers, Christos Mastoras, Founder and Managing Partner of Iliad Partners, said: "I believe we are extremely fortunate to onboard the 3 biggest banks of Greece as LPs [Limited Partners] for investment in the area.

"International growth funds are can be found in, which shows clear signs of maturity of the community The ability of the UAE and regional governments to bring in skill; their innovation-first technique, abundance of capital here in addition to inflow internationally are the key foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the variety of deals with the highest worths, with 250 "biggest ticket size" deals recorded in 2025 in the nation.