All Categories
Featured
Table of Contents
Affirming the growth of AI in the region, a report launched by PwC earlier this month stated that the use of AI among the workforce in the Middle East continues to increase, with 75 percent of workers in the area using it in their jobs over the previous 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's progress in the innovation sector and stated that 84 percent of CEOs in the country are ready to deploy AI responsibly, well above the 76 percent worldwide standard, supported by the Kingdom's information governance ecosystem, consisting of nationwide initiatives led by the Saudi Data and Expert System Authority.
Policymakers are believing holistically about how to make the area attractive, consisting of having more pragmatic laws to enable experimentation and development," stated the report.
Structure Strength Through Strategic GCC Outsourcing PartnershipsLeading magnate, policymakers and financiers from the GCC and Latin America recently checked out how nations from the two regions can grow trade in between each other in Dubai, UAE.More than 500 local and global policymakers, presidents, CEOs, organization leaders, financiers, and industry specialists 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 goods from Latin America. And exports to Latin America from the region were $5.6 billion, a statement from organisers stated. Both regions count on each other for vital items.
In 2015 Latin America supplied almost half the meat imports into the GCC and 36 percent of the area's overall sugar imports, it included. Brazil is without a doubt the largest trading partner for nations in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC relies on Brazil for meat (generally poultry), Argentina for cereals, Mexico for automobiles and Chile for wood items, said a statement.
The 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 helping with the next step in service relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but worldwide too, by functioning as a details and research study centre, by offering organization paperwork, using legal services, facilitating networking chances via signature service events and delivering practically every conceivable service option, it stated.
GCC development will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil development will remain solid however slow a little. Non-oil activity will be supported by population development, new markets, and public financial investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector development will accelerate, offsetting in part lower oil prices; fiscal balances will be combined, with surpluses in UAE and Qatar, but deficits continue in other places.
SHARJAH (WAM) The GCC and wider 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 bring in funds and talent, said magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel conversation on the first day of SEF 2026 examining "What Does the Next Year of Equity Capital Look Like", speakers agreed that the emerging local financial investment landscape appears promising.
Structure Strength Through Strategic GCC Outsourcing PartnershipsReacting to a concern on regional startups' potential customers of benefiting from recent financial investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have a lot opting for us in the area: the low expense of energy, a really progressive federal government that is ahead in policy, policy and information personal privacy; and truly strong academic institutions that are increasingly taking a look at AI and ending up technical talent in AI."She added: "Our ultimate goal is to see this area, particularly the GCC, end up being an AI superpower.
Our biggest motorist right now is purchasing talent, due to the fact that in the AI race, it's the technical talent that actually wins."Concentrating on the beauty of the area for financiers, Christos Mastoras, Founder and Managing Partner of Iliad Partners, stated: "I believe we are extremely fortunate to onboard the 3 biggest banks of Greece as LPs [Limited Partners] for investment in the area.
"International development funds are can be found in, which shows clear signs of maturity of the ecosystem The capability of the UAE and local federal governments to draw in skill; their innovation-first technique, abundance of capital here in addition to inflow internationally are the key building blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of deals with the highest worths, with 250 "largest ticket size" offers taped in 2025 in the country.
Latest Posts
Key Middle East Market Research Reports for 2026
Mapping Regional Market Strategy in 2026
Ways to Utilize Market Intelligence for 2026 Growth
