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Verifying the growth 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 increase, with 75 percent of workers in the region utilizing it in their tasks over the past 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's progress in the innovation sector and said that 84 percent of CEOs in the country are prepared to deploy AI responsibly, 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 believing holistically about how to make the region appealing, including having more pragmatic laws to permit for experimentation and development," said the report.
Protecting Your Service During Qatari Regulatory TransitionsLeading business leaders, policymakers and investors from the GCC and Latin America just recently explored how countries from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 regional and international policymakers, presidents, CEOs, magnate, financiers, and industry experts attended the first Global Business 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 products from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers stated. Both regions count 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 overall sugar imports, it added. Brazil is without a doubt the biggest trading partner for countries in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC depends on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for cars and Chile for wood products, stated a statement.
The forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how organizations can gain from the changing patterns of global need 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 globally too, by serving as an info and research centre, by supplying service documentation, offering legal services, facilitating networking chances via signature service occasions and providing almost every possible business solution, it mentioned.
GCC growth will enhance in 2026, led by faster growth in hydrocarbons; non-oil development will stay strong but sluggish somewhat. Non-oil activity will be supported by population development, new industries, and public financial investment; inflation will stay soft, while monetary policy will loosen up. Hydrocarbons sector growth will accelerate, balancing out in part lower oil rates; financial balances will be combined, with surpluses in UAE and Qatar, however deficits continue in other places.
SHARJAH (WAM) The GCC and larger Middle East region 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 company leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel discussion on the first day of SEF 2026 examining "What Does the Next Year of Equity Capital Look Like", speakers concurred that the emerging local financial investment landscape appears promising.
Transforming the UAE Worker Experience for a Hybrid EraReacting to a question on local start-ups' potential customers of benefiting from recent financial investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC said: "We have a lot opting for us in the area: the low cost of energy, a really progressive government that is ahead in policy, guideline and information privacy; and really strong universities that are progressively taking a look at AI and ending up technical skill in AI."She added: "Our supreme goal is to see this region, particularly the GCC, become an AI superpower.
Our most significant chauffeur right now is investing in skill, since in the AI race, it's the technical skill that truly wins.
"International growth funds are can be found in, which reveals clear indications of maturity of the environment The ability of the UAE and local federal governments to attract talent; their innovation-first technique, abundance of capital here along with inflow internationally are the essential foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the number of handle the greatest worths, with 250 "biggest ticket size" offers taped in 2025 in the country.
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