Evaluating Legacy Systems and Future Economic Strategies

Verifying the growth of AI in the area, a report released by PwC previously this month said that the use of AI amongst the workforce in the Middle East continues to increase, with 75 percent of staff members in the area utilizing 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 stated that 84 percent of CEOs in the nation are prepared to release AI properly, well above the 76 percent global criteria, supported by the Kingdom's information governance environment, consisting of nationwide efforts led by the Saudi Data and Artificial Intelligence Authority.

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

Top business leaders, policymakers and investors from the GCC and Latin America recently explored how countries from the two areas can grow trade between each other in Dubai, UAE.More than 500 local and worldwide policymakers, presidents, CEOs, magnate, financiers, and industry specialists went to the very first Global Organization Forum Latin America held at the Atlantis Palm - Dubai.

Evaluating Legacy Systems and Future Business Strategies

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 stated. Both regions rely on each other for important products.

In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 percent of the region's overall sugar imports, it added. Brazil is by far the biggest trading partner for countries in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for cars and Chile for wood products, said a declaration.

The online forum was organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", explores how companies can gain from the altering patterns of worldwide need and what role Dubai can play in assisting in the next step in organization 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 centre, by offering business documents, providing legal services, assisting in networking opportunities through signature service events and providing almost every conceivable business solution, it specified.

GCC growth will reinforce in 2026, led by faster growth in hydrocarbons; non-oil growth will remain solid but slow a little. Non-oil activity will be supported by population growth, brand-new industries, and public investment; inflation will remain soft, while monetary policy will loosen. Hydrocarbons sector growth will speed up, offsetting in part lower oil prices; financial balances will be mixed, with surpluses in UAE and Qatar, but deficits continue in other places.

Will Market Research Define Dubai Corporate Success?

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 government policies bring in funds and talent, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel conversation on the first day of SEF 2026 examining "What Does the Next Year of Venture Capital Look Like", speakers agreed that the emerging regional investment landscape appears appealing.

ANSR July GCC PRs 50DR+

Responding to a question on local start-ups' prospects of benefiting from recent financial investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have so much choosing us in the region: the low cost of energy, a really progressive federal government that is ahead in policy, regulation and information personal privacy; and really strong instructional organizations that are significantly taking a look at AI and turning out technical talent in AI."She included: "Our supreme objective is to see this area, particularly the GCC, end up being an AI superpower.

Our biggest chauffeur right now is investing in talent, since in the AI race, it's the technical talent that actually wins.

"International growth funds are coming in, which shows clear indications of maturity of the ecosystem The ability of the UAE and regional federal governments to bring in talent; their innovation-first method, abundance of capital here as well as inflow worldwide are the key building blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the number of handle the highest values, with 250 "biggest ticket size" offers taped in 2025 in the nation.