Comparing Legacy Systems and Future Business Frameworks

Affirming the growth of AI in the area, a report launched by PwC earlier this month stated that the usage of AI among the labor force in the Middle East continues to rise, with 75 percent of workers in the region utilizing it in their jobs over the previous 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's progress in the technology sector and stated that 84 percent of CEOs in the nation are prepared to release AI properly, well above the 76 percent international benchmark, 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, including having more pragmatic laws to permit experimentation and growth," said the report.

Leading organization leaders, policymakers and investors from the GCC and Latin America recently explored how countries from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 local and international policymakers, presidents, CEOs, magnate, financiers, and industry experts went to the first Global Business Forum Latin America held at the Atlantis Palm - Dubai.

How to Maintain a Competitive Advantage in 2026

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 region were $5.6 billion, a declaration from organisers said. Both regions rely on each other for necessary items.

In 2015 Latin America supplied almost 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 nations in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC relies on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for lorries and Chile for wood items, stated a declaration.

The online forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how businesses can take advantage of the altering patterns of global demand and what role Dubai can play in assisting in the next action in service relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however worldwide too, by serving as a details and research study centre, by providing company documents, providing legal services, helping with networking opportunities by means of signature organization events and providing nearly every possible organization option, it stated.

GCC development will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil development will remain solid however slow slightly. Non-oil activity will be supported by population growth, brand-new markets, and public financial investment; inflation will remain soft, while monetary policy will loosen up. Hydrocarbons sector development will accelerate, offsetting in part lower oil rates; fiscal balances will be blended, with surpluses in UAE and Qatar, however deficits persist in other places.

Optimising Operational ROI through Advanced Business Planning

SHARJAH (WAM) The GCC and wider 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 attracting funds and talent, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel conversation on the first day of SEF 2026 taking a look at "What Does the Next Year of Venture Capital Look Like", speakers agreed that the emerging local investment landscape appears promising.

ANSR July GCC PRs 50DR+

Responding to a question on regional startups' potential customers of benefiting from recent financial investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have a lot opting for us in the area: the low cost of energy, an extremely progressive federal government that is ahead in policy, guideline and information privacy; and actually strong instructional organizations that are progressively looking at AI and turning out technical skill in AI."She included: "Our supreme objective is to see this region, specifically the GCC, become an AI superpower.

Our most significant chauffeur right now is investing in talent, since in the AI race, it's the technical skill that truly wins.

"International growth funds are can be found in, which shows clear indications of maturity of the ecosystem The ability of the UAE and local governments to attract talent; their innovation-first method, abundance of capital here in addition to inflow globally are the crucial building blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of handle the highest values, with 250 "biggest ticket size" deals recorded in 2025 in the country.