Evaluating Legacy Systems and Future Economic Strategies

Affirming the development of AI in the region, a report launched 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 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 prepared to release AI properly, well above the 76 percent international criteria, supported by the Kingdom's data governance environment, consisting of nationwide initiatives 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 experimentation and growth," stated the report.

Leading magnate, policymakers and financiers from the GCC and Latin America recently explored how countries from the two regions can grow trade between each other in Dubai, UAE.More than 500 local and worldwide policymakers, presidents, CEOs, organization leaders, financiers, and industry specialists went to the very first Global Business 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 region were $5.6 billion, a declaration from organisers said. Both regions rely on each other for important products.

In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the area's overall sugar imports, it added. Brazil is without a doubt the largest trading partner for countries in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, stated a declaration.

The forum was organised by the Dubai Chamber of Commerce under the style "Moving Synergies", checks out how services can benefit from the altering patterns of worldwide demand and what function Dubai can play in assisting in the next action in business relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but globally too, by serving as an information and research centre, by offering business documents, providing legal services, assisting in networking chances via signature company occasions and providing almost every conceivable service solution, it stated.

GCC growth will reinforce in 2026, led by faster growth in hydrocarbons; non-oil development will stay solid but slow somewhat. Non-oil activity will be supported by population development, new markets, and public investment; inflation will remain soft, while monetary policy will loosen up. Hydrocarbons sector development will speed up, balancing out in part lower oil rates; financial balances will be combined, with surpluses in UAE and Qatar, however deficits continue in other places.

Can Market Research Drive Dubai Corporate Success?

SHARJAH (WAM) The GCC and wider Middle East area is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies drawing in funds and skill, said business leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel discussion on the first day of SEF 2026 analyzing "What Does the Next Year of Venture Capital Look Like", speakers agreed that the emerging regional investment landscape appears promising.

ANSR July GCC PRs 50DR+

Reacting to a question on local start-ups' prospects of gaining from current financial investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have a lot choosing us in the region: the low expense of energy, a really progressive federal government that is ahead in policy, policy and data privacy; and actually strong educational organizations that are increasingly looking at AI and ending up technical skill in AI."She included: "Our ultimate goal is to see this area, particularly the GCC, end up being an AI superpower.

Our greatest driver right now is purchasing skill, since in the AI race, it's the technical skill that truly wins."Focusing on the appearance of the area for financiers, Christos Mastoras, Founder and Handling Partner of Iliad Partners, said: "I believe we are really fortunate to onboard the 3 largest banks of Greece as LPs [Limited Partners] for financial investment in the region.

"International development funds are coming in, which reveals clear signs of maturity of the community The capability of the UAE and local governments to bring in skill; their innovation-first approach, abundance of capital here in addition to inflow worldwide are the essential building blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the variety of handle the highest values, with 250 "largest ticket size" deals recorded in 2025 in the nation.