How to Maintain a Competitive Edge in Dubai

Verifying the development of AI in the area, a report released by PwC previously this month said that the use of AI amongst the labor force in the Middle East continues to rise, with 75 percent of workers in the area utilizing it in their tasks over the past 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's development 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 environment, including 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 practical laws to enable experimentation and growth," said the report.

Leading business leaders, policymakers and investors from the GCC and Latin America just recently checked out how nations from the 2 regions can grow trade in between each other in Dubai, UAE.More than 500 local and international policymakers, heads of state, CEOs, magnate, financiers, and market professionals participated in the first Global Organization Online forum Latin America held at the Atlantis Palm - Dubai.

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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 areas depend on each other for necessary 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 included. Brazil is by far the largest trading partner for countries in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC counts on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for vehicles and Chile for wood items, stated a declaration.

The forum was organised by the Dubai Chamber of Commerce under the style "Moving Synergies", checks out how organizations can benefit from the changing patterns of international need and what function Dubai can play in facilitating the next action in service relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but globally too, by functioning as an info and research study centre, by providing service documentation, providing legal services, helping with networking opportunities through signature company occasions and providing almost every conceivable service solution, it mentioned.

GCC development will enhance in 2026, led by faster expansion in hydrocarbons; non-oil growth will stay solid but sluggish slightly. Non-oil activity will be supported by population growth, new markets, and public investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector development will accelerate, offsetting in part lower oil rates; fiscal balances will be combined, with surpluses in UAE and Qatar, however deficits persist elsewhere.

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SHARJAH (WAM) The GCC and larger 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 attracting funds and skill, said organization leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel conversation on the first day of SEF 2026 analyzing "What Does the Next Year of Endeavor Capital Appear Like", speakers concurred that the emerging regional financial investment landscape appears promising.

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Reacting to a concern on local startups' prospects of taking advantage of recent investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have a lot opting for us in the region: the low expense of energy, an extremely progressive government that is ahead in policy, guideline and data personal privacy; and actually strong universities that are increasingly taking a look at AI and turning out technical talent in AI."She included: "Our supreme goal is to see this region, specifically the GCC, end up being an AI superpower.

Our biggest driver right now is investing in skill, since in the AI race, it's the technical skill that actually wins.

"International growth funds are can be found in, which shows clear signs of maturity of the ecosystem The capability of the UAE and regional federal governments to attract skill; their innovation-first method, abundance of capital here as well as inflow globally are the key structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of deals with the highest values, with 250 "largest ticket size" offers tape-recorded in 2025 in the country.