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Affirming the growth of AI in the region, a report released by PwC earlier this month said that the use of AI amongst the labor force in the Middle East continues to rise, with 75 percent of staff members in the region utilizing it in their tasks over the previous 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's development in the technology sector and said that 84 percent of CEOs in the country are all set to release AI properly, well above the 76 percent global criteria, supported by the Kingdom's data governance environment, consisting of national efforts led by the Saudi Data and Expert System Authority.
Policymakers are believing holistically about how to make the region attractive, including having more pragmatic laws to permit for experimentation and growth," stated the report.
Preparing the UAE Workforce for the 2026 Digital ShiftLeading magnate, policymakers and investors from the GCC and Latin America just recently checked out how nations from the two areas can grow trade in between each other in Dubai, UAE.More than 500 regional and international policymakers, heads of state, CEOs, service leaders, investors, and market experts went to the very first Global Organization Forum Latin America held at the Atlantis Palm - Dubai.
In 2015 the GCC made up 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 declaration from organisers said. Both areas count on each other for vital products.
In 2015 Latin America supplied almost half the meat imports into the GCC and 36 per cent of the region's overall sugar imports, it included. Brazil is by far the largest trading partner for countries in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for automobiles and Chile for wood products, stated a declaration.
The online forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how services can take advantage of the changing patterns of worldwide need and what function Dubai can play in assisting in the next step in organization relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however globally too, by functioning as an info and research centre, by providing business documents, providing legal services, facilitating networking chances by means of signature organization occasions and delivering nearly every possible service solution, it specified.
GCC growth will strengthen in 2026, led by faster growth in hydrocarbons; non-oil development will stay strong however sluggish a little. Non-oil activity will be supported by population growth, new industries, and public financial investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector growth will accelerate, balancing out in part lower oil rates; financial balances will be blended, with surpluses in UAE and Qatar, but deficits persist elsewhere.
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 drawing in funds and skill, stated service leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel conversation on the very 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.
Why 2026 Is the Year of Niche Outsourcing ModelsReacting to a concern on regional start-ups' potential customers of taking advantage of current financial investments in digital facilities, Tala Al Jabri, Founder and Handling Partner of Wyld VC said: "We have so much choosing us in the region: the low expense of energy, a really progressive government that is ahead in policy, policy and information personal privacy; and truly strong educational organizations that are significantly taking a look at AI and ending up technical talent in AI."She added: "Our ultimate goal is to see this region, particularly the GCC, end up being an AI superpower.
Our biggest motorist right now is buying talent, due to the fact that in the AI race, it's the technical skill that really wins."Focusing on the appearance of the region for financiers, Christos Mastoras, Creator and Managing Partner of Iliad Partners, stated: "I believe we are really lucky to onboard the 3 biggest banks of Greece as LPs [Limited Partners] for financial investment in the area.
"International growth funds are can be found in, which reveals clear signs of maturity of the community The ability of the UAE and local federal governments to bring in talent; their innovation-first technique, abundance of capital here as well as inflow globally are the key foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the variety of handle the highest worths, with 250 "biggest ticket size" offers tape-recorded in 2025 in the country.
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