Evaluating Legacy Systems and 2026 Business Frameworks

Affirming the development of AI in the region, a report launched by PwC earlier this month stated that the usage of AI amongst the workforce in the Middle East continues to rise, with 75 percent of employees in the area utilizing it in their jobs over the previous 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 country are prepared to deploy AI properly, well above the 76 percent international benchmark, supported by the Kingdom's data governance environment, consisting of national initiatives led by the Saudi Data and Artificial Intelligence Authority.

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

Top magnate, 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 local and international policymakers, presidents, CEOs, organization leaders, financiers, and industry experts went to the first Global Service Online forum Latin America held at the Atlantis Palm - Dubai.

Industrial Excellence: a Strategic Pillar for 2026 Growth

In 2015 the GCC made up 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 stated. Both regions count on each other for vital items.

In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 percent of the area's total sugar imports, it added. Brazil is by far the largest trading partner for countries in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC counts on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for vehicles and Chile for wood items, said a statement.

The forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how companies can take advantage of the changing patterns of international demand and what function Dubai can play in assisting in the next step in service relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however worldwide too, by acting as a details and research study centre, by providing business documentation, providing legal services, helping with networking chances through signature organization occasions and delivering nearly every possible business service, it specified.

GCC growth will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain strong but sluggish slightly. Non-oil activity will be supported by population development, brand-new markets, and public investment; inflation will stay soft, while financial policy will loosen. Hydrocarbons sector development will accelerate, balancing out in part lower oil prices; fiscal balances will be combined, with surpluses in UAE and Qatar, but deficits persist in other places.

Evaluating Legacy Systems and Future Business Strategies

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

ANSR July GCC PRs 50DR+

Reacting to a question on regional startups' prospects of benefiting from recent investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC said: "We have so much going for us in the region: the low expense of energy, a really progressive federal government that is ahead in policy, policy and information privacy; and truly strong academic institutions that are progressively looking at AI and ending up technical skill in AI."She added: "Our supreme objective is to see this area, particularly the GCC, become an AI superpower.

Our most significant chauffeur today is purchasing talent, due to the fact that in the AI race, it's the technical skill that actually wins."Focusing on the beauty of the area for financiers, Christos Mastoras, Creator and Managing Partner of Iliad Partners, said: "I believe we are extremely lucky to onboard the three largest banks of Greece as LPs [Limited Partners] for investment in the region.

"International growth funds are can be found in, which shows clear signs of maturity of the ecosystem The ability of the UAE and regional governments to draw in talent; their innovation-first approach, abundance of capital here in addition to inflow worldwide are the key foundation."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 "biggest ticket size" deals tape-recorded in 2025 in the nation.