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Affirming the growth of AI in the region, a report launched by PwC earlier this month said that the use of AI among the labor force in the Middle East continues to increase, with 75 percent of staff members in the area utilizing it in their tasks over the previous 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's development in the innovation sector and said that 84 percent of CEOs in the nation are all set to release AI properly, well above the 76 percent international benchmark, supported by the Kingdom's data governance environment, including national efforts led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are thinking holistically about how to make the area attractive, including having more pragmatic laws to permit experimentation and growth," stated the report.
Future-Proofing Your GCC Company Through Tactical OutsourcingTop service leaders, policymakers and financiers from the GCC and Latin America just recently checked out how nations from the 2 regions can grow trade in between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, heads of state, CEOs, service leaders, financiers, and market experts participated in the first Global Company 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 regions count on each other for essential products.
In 2015 Latin America provided nearly half the meat imports into the GCC and 36 per cent of the region's total sugar imports, it added. Brazil is without a doubt the largest trading partner for nations in the area, 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 declaration.
The online forum was organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", explores how companies can take advantage of the altering patterns of international need and what role Dubai can play in facilitating the next step 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 info and research study centre, by offering business paperwork, providing legal services, facilitating networking chances by means of signature service occasions and delivering nearly every imaginable organization service, it stated.
GCC growth will reinforce in 2026, led by faster growth in hydrocarbons; non-oil growth will remain solid however slow somewhat. Non-oil activity will be supported by population development, new markets, and public investment; inflation will remain soft, while monetary policy will loosen. Hydrocarbons sector growth will accelerate, offsetting in part lower oil rates; fiscal balances will be blended, with surpluses in UAE and Qatar, but deficits persist in other places.
SHARJAH (WAM) The GCC and larger 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 attracting funds and talent, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel discussion on the first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Look Like", speakers concurred that the emerging local investment landscape appears appealing.
Future-Proofing Your GCC Company Through Tactical OutsourcingReacting to a question on regional startups' potential customers of gaining from recent financial investments in digital infrastructure, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have a lot going for us in the region: the low cost of energy, a really progressive government that is ahead in policy, regulation and data privacy; and truly strong educational organizations that are progressively looking at AI and ending up technical talent in AI."She added: "Our ultimate objective is to see this area, particularly the GCC, become an AI superpower.
Our most significant driver right now is investing in talent, since in the AI race, it's the technical talent that really wins.
"International development funds are can be found in, which reveals clear signs of maturity of the ecosystem The ability of the UAE and local governments to bring in skill; their innovation-first technique, abundance of capital here in addition to inflow worldwide are the crucial foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the variety of offers with the highest worths, with 250 "largest ticket size" offers tape-recorded in 2025 in the nation.
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