All Categories
Featured
Table of Contents
Verifying the growth of AI in the area, a report launched by PwC previously this month stated that the usage of AI among the labor force in the Middle East continues to increase, with 75 percent of staff members in the region utilizing it in their tasks over the past 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's progress in the innovation sector and stated that 84 percent of CEOs in the nation are ready to deploy AI properly, well above the 76 percent global benchmark, supported by the Kingdom's information governance ecosystem, consisting of nationwide initiatives led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are believing holistically about how to make the area appealing, including having more pragmatic laws to enable experimentation and development," said the report.
Leveraging Market Research to Effectively Drive Operational GrowthLeading magnate, policymakers and investors from the GCC and Latin America just recently checked out how nations from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 regional and international policymakers, heads of state, CEOs, company leaders, investors, and market professionals attended the very first Global Business 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 products from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers stated. Both areas depend on each other for vital products.
In 2015 Latin America provided almost half the meat imports into the GCC and 36 per cent of the region's total sugar imports, it included. Brazil is by far the biggest trading partner for countries in the area, followed by Argentina and Mexico. Among 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 statement.
The forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how companies can benefit from the changing patterns of international need and what function Dubai can play in facilitating the next step in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however worldwide too, by functioning as an info and research study centre, by providing service paperwork, offering legal services, facilitating networking chances by means of signature company occasions and providing nearly every imaginable business service, it mentioned.
GCC development will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil development will remain strong but slow slightly. Non-oil activity will be supported by population development, brand-new industries, and public financial investment; inflation will stay soft, while financial policy will loosen. Hydrocarbons sector growth will speed up, balancing out in part lower oil costs; financial balances will be blended, with surpluses in UAE and Qatar, but deficits continue elsewhere.
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 drawing in funds and skill, stated magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel conversation on the very first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Appear Like", speakers agreed that the emerging regional financial investment landscape appears appealing.
How Is Operational Excellence Vital for 2026 Growth?Reacting to a concern on local startups' potential customers of taking advantage of recent investments in digital infrastructure, Tala Al Jabri, Creator and Managing Partner of Wyld VC stated: "We have so much opting for us in the region: the low expense of energy, a very progressive federal government that is ahead in policy, guideline and data personal privacy; and truly strong universities that are significantly taking a look at AI and turning out technical skill in AI."She added: "Our ultimate goal is to see this area, specifically the GCC, end up being an AI superpower.
Our most significant motorist right now is investing in talent, since in the AI race, it's the technical talent that actually wins.
"International growth funds are can be found in, which shows clear indications of maturity of the ecosystem The ability of the UAE and regional federal governments to bring in skill; their innovation-first technique, abundance of capital here in addition to inflow worldwide are the key foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of deals with the highest values, with 250 "biggest ticket size" offers tape-recorded in 2025 in the nation.
Latest Posts
Scaling Corporate Efficiency Through Operational Excellence
How to Leverage Market Intelligence for 2026 Success
Maximizing Corporate Efficiency Through Strategic Excellence
