Navigating the Next Middle East Business Landscape thumbnail

Navigating the Next Middle East Business Landscape

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Verifying the development of AI in the area, a report launched by PwC earlier this month said that the use of AI amongst the labor force in the Middle East continues to increase, with 75 percent of staff members in the area using it in their jobs over the past 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's development in the technology sector and said that 84 percent of CEOs in the country are ready to deploy AI properly, well above the 76 percent worldwide standard, supported by the Kingdom's information governance ecosystem, including national efforts led by the Saudi Data and Expert System Authority.

Policymakers are believing holistically about how to make the area attractive, consisting of having more pragmatic laws to permit for experimentation and growth," stated the report.

Leading service leaders, policymakers and investors from the GCC and Latin America recently explored how nations from the two regions can grow trade between each other in Dubai, UAE.More than 500 local and worldwide policymakers, presidents, CEOs, organization leaders, financiers, and industry professionals attended the first Global Business Online forum Latin America held at the Atlantis Palm - Dubai.

Can Strategic Analytics Define Middle East Industrial Growth?

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 declaration from organisers said. Both areas rely on each other for essential products.

In 2015 Latin America provided almost half the meat imports into the GCC and 36 per cent of the area's overall sugar imports, it added. Brazil is without a doubt the biggest trading partner for nations in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC counts on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for lorries and Chile for wood items, stated a declaration.

The forum was organised by the Dubai Chamber of Commerce under the style "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 action in business 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 supplying organization documents, offering legal services, facilitating networking chances by means of signature company occasions and delivering nearly every possible service option, it specified.

GCC growth will enhance in 2026, led by faster growth in hydrocarbons; non-oil growth will stay strong but slow a little. Non-oil activity will be supported by population development, new industries, and public financial investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector development will accelerate, balancing out in part lower oil rates; fiscal balances will be combined, with surpluses in UAE and Qatar, however deficits persist in other places.

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SHARJAH (WAM) The GCC and larger Middle East area is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies bring in funds and skill, said service leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the first day of SEF 2026 taking a look at "What Does the Next Year of Equity Capital Appear Like", speakers concurred that the emerging regional investment landscape appears appealing.

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Reacting to a concern on regional start-ups' potential customers of gaining from recent financial investments in digital infrastructure, Tala Al Jabri, Creator and Managing Partner of Wyld VC stated: "We have so much choosing us in the region: the low cost of energy, a really progressive government that is ahead in policy, guideline and information personal privacy; and actually strong universities that are significantly taking a look at AI and ending up technical skill in AI."She added: "Our ultimate objective is to see this region, particularly the GCC, become an AI superpower.

Our biggest driver right now is buying skill, since in the AI race, it's the technical skill that really wins."Focusing on the attractiveness of the region for investors, Christos Mastoras, Founder and Managing Partner of Iliad Partners, stated: "I believe we are extremely fortunate to onboard the 3 largest banks of Greece as LPs [Limited Partners] for financial investment in the region.

"International development funds are being available in, which shows clear indications of maturity of the environment The capability of the UAE and local federal governments to bring in talent; their innovation-first technique, abundance of capital here in addition to inflow globally are the crucial foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the variety of deals with the greatest values, with 250 "largest ticket size" offers taped in 2025 in the country.