All Categories
Featured
Table of Contents
Verifying the growth of AI in the area, a report released by PwC earlier this month stated that the use of AI amongst the labor force in the Middle East continues to rise, with 75 percent of employees in the region 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 nation are ready to deploy AI responsibly, well above the 76 percent global criteria, 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 region appealing, consisting of having more pragmatic laws to enable for experimentation and development," stated the report.
Top organization leaders, policymakers and investors from the GCC and Latin America recently explored how nations from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, heads of state, CEOs, organization leaders, financiers, and industry experts 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 goods from Latin America. And exports to Latin America from the region were $5.6 billion, a statement 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 per cent of the region's total sugar imports, it included. Brazil is by far 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 (primarily poultry), Argentina for cereals, Mexico for automobiles and Chile for wood products, said a declaration.
The forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how businesses can benefit from the altering patterns of international need and what function Dubai can play in assisting in the next action in service relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however internationally too, by serving as an information and research study centre, by supplying company documentation, using legal services, assisting in networking opportunities by means of signature company occasions and providing almost every imaginable business solution, it mentioned.
GCC growth will strengthen in 2026, led by faster growth in hydrocarbons; non-oil development will remain strong but slow somewhat. Non-oil activity will be supported by population growth, brand-new industries, and public investment; inflation will remain soft, while monetary policy will loosen up. Hydrocarbons sector growth will speed up, offsetting in part lower oil rates; fiscal balances will be mixed, with surpluses in UAE and Qatar, but deficits persist elsewhere.
SHARJAH (WAM) The GCC and broader Middle East region is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies attracting funds and talent, stated company leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel discussion on the first day of SEF 2026 examining "What Does the Next Year of Equity Capital Look Like", speakers agreed that the emerging local investment landscape appears appealing.
Traditional Vs Global Strategy Within the MENA RegionReacting to a question on regional startups' prospects of gaining 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 area: the low expense of energy, a really progressive government that is ahead in policy, regulation and data privacy; and really strong universities that are progressively looking at AI and ending up technical talent in AI."She added: "Our ultimate objective is to see this region, particularly the GCC, become an AI superpower.
Our most significant motorist today is purchasing talent, due to the fact that in the AI race, it's the technical talent that truly wins."Concentrating on the appearance of the region for investors, Christos Mastoras, Founder and Managing Partner of Iliad Partners, stated: "I think we are very lucky to onboard the three largest banks of Greece as LPs [Limited Partners] for financial investment in the area.
"International development funds are coming in, which reveals clear indications of maturity of the community The ability of the UAE and local federal governments to attract talent; their innovation-first method, abundance of capital here in addition to inflow globally are the crucial structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the variety of deals with the greatest values, with 250 "largest ticket size" offers recorded in 2025 in the nation.
Latest Posts
Key Advantages of Strategic Excellence for 2026
Comparing Innovative Models Against Traditional Frameworks
Leading Organizational Change in Modern GCC
