Comparing Traditional Models and 2026 Economic Strategies

Affirming the development of AI in the region, a report launched by PwC earlier this month stated that the usage of AI among the labor force in the Middle East continues to rise, with 75 percent of workers 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 innovation sector and said that 84 percent of CEOs in the nation are ready to deploy AI properly, well above the 76 percent international standard, supported by the Kingdom's data governance environment, including national initiatives led by the Saudi Data and Expert System Authority.

Policymakers are thinking holistically about how to make the region attractive, including having more practical laws to enable experimentation and growth," said the report.

Leading company leaders, policymakers and financiers from the GCC and Latin America recently checked out how nations from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 local and global policymakers, heads of state, CEOs, magnate, financiers, and market specialists went to the first Global Service Forum Latin America held at the Atlantis Palm - Dubai.

Operational Excellence: a Key Driver for 2026 Growth

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 region were $5.6 billion, a declaration from organisers said. Both areas count 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 area's overall sugar imports, it included. Brazil is without a doubt the biggest trading partner for countries in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC counts on Brazil for meat (generally poultry), Argentina for cereals, Mexico for vehicles and Chile for wood products, said a declaration.

The forum was organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", checks out how companies can take advantage of the changing patterns of international demand and what function 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 acting as an info and research study centre, by providing company documentation, providing legal services, helping with networking opportunities via signature service events and providing almost every conceivable service solution, it stated.

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

How to Maintain a Leading Advantage in 2026

SHARJAH (WAM) The GCC and larger Middle East area 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 skill, stated organization leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel conversation on the first day of SEF 2026 taking a look at "What Does the Next Year of Venture Capital Look Like", speakers concurred that the emerging regional financial investment landscape appears promising.

ANSR July GCC PRs 50DR+

Responding to a concern on regional start-ups' potential customers of gaining from recent financial investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have so much choosing us in the region: the low expense of energy, a very progressive government that is ahead in policy, guideline and information personal privacy; and actually strong academic organizations that are significantly taking a look at AI and turning out technical talent in AI."She included: "Our supreme objective is to see this area, particularly the GCC, become an AI superpower.

Our biggest driver right now is investing in skill, since in the AI race, it's the technical talent that truly wins.

"International development funds are can be found in, which shows clear indications of maturity of the environment The capability of the UAE and regional federal governments to bring in talent; their innovation-first approach, abundance of capital here as well as inflow globally are the essential foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of handle the highest values, with 250 "largest ticket size" offers tape-recorded in 2025 in the country.