Driving Regional Corporate Growth through Innovation

Affirming the development of AI in the region, a report launched by PwC previously this month stated that the use of AI amongst the workforce in the Middle East continues to increase, with 75 percent of workers in the area using it in their tasks over the previous 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's progress in the innovation sector and stated that 84 percent of CEOs in the nation are prepared to release AI properly, well above the 76 percent worldwide standard, supported by the Kingdom's data governance community, including nationwide efforts led by the Saudi Data and Expert System Authority.

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

Leading business leaders, policymakers and investors from the GCC and Latin America just recently checked out how nations from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 regional and global policymakers, heads of state, CEOs, business leaders, investors, and industry professionals went to the very first Global Organization Online forum Latin America held at the Atlantis Palm - Dubai.

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In 2015 the GCC comprised 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 necessary products.

In 2015 Latin America provided nearly half the meat imports into the GCC and 36 per cent of the area's total sugar imports, it included. Brazil is without a doubt the biggest trading partner for nations in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC relies on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for automobiles and Chile for wood items, said a statement.

The 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 action in organization 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 centre, by offering service documents, providing legal services, facilitating networking opportunities via signature organization occasions and providing almost every conceivable business service, it mentioned.

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

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SHARJAH (WAM) The GCC and broader 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 talent, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel discussion on the very first day of SEF 2026 taking a look at "What Does the Next Year of Equity Capital Appear Like", speakers concurred that the emerging local financial investment landscape appears promising.

ANSR July GCC PRs 50DR+

Reacting to a question on local start-ups' prospects of gaining from recent investments in digital facilities, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have a lot opting for us in the region: the low expense of energy, a very progressive federal government that is ahead in policy, policy and information personal privacy; and truly strong educational institutions that are increasingly looking at AI and turning out technical skill in AI."She added: "Our supreme goal is to see this region, particularly the GCC, end up being an AI superpower.

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

"International growth funds are being available 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 technique, abundance of capital here in addition to inflow globally are the crucial foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the variety of offers with the greatest values, with 250 "largest ticket size" offers recorded in 2025 in the country.