Evaluating Traditional Models and Future Economic Strategies thumbnail

Evaluating Traditional Models and Future Economic Strategies

Published Aug 16, 26
4 min read


Affirming the growth of AI in the region, a report launched by PwC earlier this month said that the use of AI among the workforce in the Middle East continues to increase, with 75 percent of workers in the region utilizing it in their tasks over the previous 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's progress in the technology sector and stated that 84 percent of CEOs in the nation are all set to release AI properly, well above the 76 percent worldwide criteria, supported by the Kingdom's information governance environment, including national efforts led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are believing holistically about how to make the area attractive, consisting of having more practical laws to permit for experimentation and development," said the report.

Leading organization leaders, policymakers and investors from the GCC and Latin America just recently explored how nations from the 2 regions can grow trade in between each other in Dubai, UAE.More than 500 regional and international policymakers, presidents, CEOs, magnate, investors, and market professionals participated in the very first Global Organization Online forum Latin America held at the Atlantis Palm - Dubai.

Essential Tips for Industrial Excellence in the GCC

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 statement from organisers stated. Both regions rely 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 area, followed by Argentina and Mexico. Among the Latin American states, the GCC counts on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for cars and Chile for wood products, stated a statement.

The forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how companies can take advantage of the changing patterns of global need and what function Dubai can play in assisting in the next action in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however internationally too, by functioning as an information and research study centre, by offering service paperwork, offering legal services, helping with networking chances via signature business events and providing nearly every conceivable business option, it mentioned.

GCC growth will strengthen in 2026, led by faster growth in hydrocarbons; non-oil growth will remain strong but sluggish a little. Non-oil activity will be supported by population development, new industries, and public financial investment; inflation will remain soft, while monetary policy will loosen. Hydrocarbons sector development will speed up, offsetting in part lower oil costs; financial balances will be blended, with surpluses in UAE and Qatar, but deficits persist elsewhere.

Industrial Excellence: a Key Pillar for 2026 Growth

SHARJAH (WAM) The GCC and larger 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 attracting funds and talent, stated organization leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel conversation on the very first day of SEF 2026 taking a look at "What Does the Next Year of Endeavor Capital Appear Like", speakers agreed that the emerging regional financial investment landscape appears appealing.

The Benefits of Industrial Growth for Dubai
ANSR July GCC PRs 50DR+ANSR July GCC PRs 50DR+


Responding to a concern on local start-ups' prospects of taking advantage of recent financial investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have a lot opting for us in the area: the low cost of energy, a really progressive federal government that is ahead in policy, guideline and data personal privacy; and really strong universities that are progressively taking a look at AI and turning out technical talent in AI."She added: "Our ultimate goal is to see this area, specifically the GCC, become an AI superpower.

Our most significant chauffeur today is buying skill, since in the AI race, it's the technical talent that really wins."Focusing on the appearance of the area for investors, Christos Mastoras, Creator and Handling Partner of Iliad Partners, said: "I believe we are extremely fortunate to onboard the 3 biggest banks of Greece as LPs [Limited Partners] for investment in the region.

"International growth funds are being available in, which shows clear indications of maturity of the ecosystem The capability of the UAE and regional federal governments to draw in skill; their innovation-first technique, abundance of capital here in addition to inflow internationally are the crucial building blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the number of deals with the highest worths, with 250 "biggest ticket size" deals taped in 2025 in the country.

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