Comparing Traditional Systems and Future Business Strategies

Verifying the development of AI in the region, a report released by PwC earlier this month stated that the usage of AI among the workforce in the Middle East continues to rise, with 75 percent of employees in the area utilizing it in their jobs over the past 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 ready to deploy AI properly, well above the 76 percent international standard, supported by the Kingdom's information governance ecosystem, including national initiatives led by the Saudi Data and Expert System Authority.

Policymakers are thinking holistically about how to make the area appealing, consisting of having more pragmatic laws to enable experimentation and development," said the report.

Top organization leaders, policymakers and financiers from the GCC and Latin America recently explored how nations from the 2 regions can grow trade in between each other in Dubai, UAE.More than 500 local and global policymakers, heads of state, CEOs, magnate, investors, and market specialists attended the first Global Company Forum Latin America held at the Atlantis Palm - Dubai.

Driving Dubai Industrial Expansion through Innovation

In 2015 the GCC made up 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 area were $5.6 billion, a declaration from organisers stated. Both regions count on each other for essential 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 added. Brazil is by far 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 vehicles and Chile for wood items, said a declaration.

The online forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how organizations can take advantage of the changing patterns of international need and what function Dubai can play in helping with the next step in service relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however globally too, by functioning as a details and research centre, by supplying organization paperwork, using legal services, assisting in networking chances through signature service occasions and providing nearly every conceivable service solution, it specified.

GCC development will strengthen in 2026, led by faster growth in hydrocarbons; non-oil growth will remain solid but slow a little. Non-oil activity will be supported by population development, new markets, and public investment; inflation will stay soft, while monetary policy will loosen up. Hydrocarbons sector growth will accelerate, offsetting in part lower oil costs; financial balances will be combined, with surpluses in UAE and Qatar, but deficits persist in other places.

Driving Dubai Industrial Expansion through Innovation

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

ANSR July GCC PRs 50DR+

Reacting to a concern on regional start-ups' prospects of benefiting from recent financial investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have so much choosing us in the region: the low cost of energy, an extremely progressive federal government that is ahead in policy, regulation and data personal privacy; and actually strong universities that are significantly taking a look at AI and turning out technical skill in AI."She added: "Our ultimate objective is to see this area, specifically the GCC, become an AI superpower.

Our greatest motorist today is purchasing skill, due to the fact that in the AI race, it's the technical skill that really wins."Concentrating on the attractiveness of the region for financiers, Christos Mastoras, Creator and Handling Partner of Iliad Partners, said: "I believe we are really lucky to onboard the three largest banks of Greece as LPs [Limited Partners] for financial investment in the region.

"International development funds are coming in, which reveals clear indications of maturity of the environment The ability of the UAE and local governments to draw in skill; their innovation-first technique, abundance of capital here as well as inflow internationally are the key foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of handle the greatest values, with 250 "biggest ticket size" deals taped in 2025 in the country.