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Verifying the growth of AI in the area, a report launched by PwC previously this month said that the usage 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 tasks 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 nation are all set to deploy AI responsibly, well above the 76 percent global standard, supported by the Kingdom's data governance community, consisting of nationwide initiatives led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are believing holistically about how to make the region appealing, including having more pragmatic laws to enable experimentation and growth," stated the report.
What the 2026 Outsourcing Landscape Looks Like for GCC FirmsLeading service leaders, policymakers and investors from the GCC and Latin America just recently explored how nations from the 2 areas can grow trade in between each other in Dubai, UAE.More than 500 regional and global policymakers, heads of state, CEOs, magnate, financiers, and industry professionals participated in the first Global Service 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 goods from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers said. Both regions rely on each other for essential items.
In 2015 Latin America supplied almost half the meat imports into the GCC and 36 per cent of the region's total sugar imports, it included. Brazil is without a doubt the largest trading partner for countries in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for vehicles and Chile for wood products, stated a declaration.
The forum was organised by the Dubai Chamber of Commerce under the style "Moving Synergies", explores how organizations can gain from the changing patterns of international demand and what role Dubai can play in assisting in the next action in company relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but worldwide too, by functioning as an information and research centre, by providing service documents, using legal services, helping with networking chances via signature business occasions and delivering practically every conceivable organization option, it mentioned.
GCC growth will strengthen in 2026, led by faster growth in hydrocarbons; non-oil growth will stay solid however sluggish somewhat. Non-oil activity will be supported by population growth, new markets, and public financial investment; inflation will remain soft, while financial policy will loosen up. Hydrocarbons sector development will speed up, balancing out in part lower oil costs; fiscal balances will be mixed, with surpluses in UAE and Qatar, but deficits persist somewhere else.
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 bring in funds and talent, stated service leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the very first day of SEF 2026 analyzing "What Does the Next Year of Endeavor Capital Appear Like", speakers agreed that the emerging regional financial investment landscape appears promising.
Optimizing Your Footprint in Saudi Arabia's High-Growth HubsReacting to a question on regional startups' potential customers of gaining from recent investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have so much 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 actually strong educational organizations that are progressively looking at AI and turning out technical talent in AI."She added: "Our ultimate objective is to see this area, particularly the GCC, end up being an AI superpower.
Our greatest driver 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 being available in, which shows clear indications of maturity of the ecosystem The ability of the UAE and local federal governments to bring in talent; their innovation-first technique, abundance of capital here along with inflow internationally 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 handle the greatest values, with 250 "largest ticket size" deals tape-recorded in 2025 in the nation.
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