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Verifying the growth of AI in the area, a report released by PwC previously this month said that the usage of AI amongst the workforce in the Middle East continues to increase, with 75 percent of staff members 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 said that 84 percent of CEOs in the country are prepared to release AI properly, well above the 76 percent worldwide standard, supported by the Kingdom's information governance ecosystem, consisting of national initiatives led by the Saudi Data and Expert System Authority.
Policymakers are believing holistically about how to make the area appealing, consisting of having more practical laws to enable experimentation and growth," stated the report.
The Development of Third-Party Threat Management in the GCCTop company leaders, policymakers and investors from the GCC and Latin America recently explored how nations from the two regions can grow trade in between each other in Dubai, UAE.More than 500 local and international policymakers, presidents, CEOs, organization leaders, investors, and market specialists attended the very first Global Business Forum Latin America held at the Atlantis Palm - Dubai.
In 2015 the GCC comprised 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 count on each other for vital items.
In 2015 Latin America provided nearly half the meat imports into the GCC and 36 per cent of the area's overall sugar imports, it included. Brazil is by far the largest 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 vehicles and Chile for wood items, said a declaration.
The online forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how companies can take advantage of the altering patterns of international need and what role Dubai can play in assisting in the next action in company relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however globally too, by acting as an information and research study centre, by supplying organization documents, providing legal services, helping with networking opportunities through signature company events and providing practically every possible service service, it specified.
GCC development will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil growth will stay solid however slow somewhat. Non-oil activity will be supported by population growth, brand-new industries, and public investment; inflation will stay soft, while financial policy will loosen up. Hydrocarbons sector development will speed up, balancing out in part lower oil rates; financial balances will be mixed, with surpluses in UAE and Qatar, however deficits continue elsewhere.
SHARJAH (WAM) The GCC and broader Middle East region 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 company leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel discussion on the very first day of SEF 2026 examining "What Does the Next Year of Equity Capital Look Like", speakers agreed that the emerging regional financial investment landscape appears promising.
Bridging the Regulatory Space Between Qatar and OmanReacting to a concern on regional start-ups' potential customers of benefiting from recent financial investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have so much choosing us in the region: the low cost of energy, a really progressive federal government that is ahead in policy, regulation and data privacy; and truly strong academic organizations that are significantly taking a look at AI and turning out technical skill in AI."She included: "Our supreme objective is to see this region, particularly the GCC, become an AI superpower.
Our biggest motorist today is purchasing skill, due to the fact that in the AI race, it's the technical talent that really wins."Concentrating on the attractiveness of the area for investors, Christos Mastoras, Creator and Handling Partner of Iliad Partners, stated: "I believe we are really lucky to onboard the 3 largest banks of Greece as LPs [Limited Partners] for financial investment in the region.
"International growth funds are coming in, which reveals clear indications of maturity of the community The ability of the UAE and local governments to bring in talent; their innovation-first technique, abundance of capital here along with inflow internationally are the key foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of handle the highest values, with 250 "largest ticket size" offers taped in 2025 in the country.
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