Comparing Legacy Models and 2026 Economic Strategies

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

In November, a report released by KPMG highlighted Saudi Arabia's progress in the innovation sector and stated that 84 percent of CEOs in the nation are prepared to deploy AI responsibly, well above the 76 percent worldwide benchmark, supported by the Kingdom's data governance ecosystem, consisting of national initiatives led by the Saudi Data and Expert System Authority.

Policymakers are thinking holistically about how to make the region appealing, consisting of having more pragmatic laws to permit experimentation and development," stated the report.

Leading magnate, policymakers and financiers from the GCC and Latin America recently explored how nations from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, heads of state, CEOs, magnate, investors, and market specialists participated in the very first Global Business Forum Latin America held at the Atlantis Palm - Dubai.

Navigating the 2026 GCC Business Environment

In 2015 the GCC made up of the UAE, Bahrain, Kuwait, Oman, Qatar and Saudi Arabia, imported $11 billion worth of items from Latin America. And exports to Latin America from the area were $5.6 billion, a declaration from organisers stated. Both areas rely on each other for necessary products.

In 2015 Latin America supplied 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 biggest trading partner for nations in the region, 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 declaration.

The online forum was arranged by the Dubai Chamber of Commerce under the style "Moving Synergies", checks out how services can gain from the altering patterns of international demand and what role Dubai can play in assisting in the next step in business relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but internationally too, by acting as an information and research study centre, by offering service documentation, using legal services, helping with networking opportunities by means of signature organization occasions and delivering practically every conceivable service solution, it specified.

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

Can Market Analytics Drive Middle East Industrial Growth?

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 drawing in funds and skill, said organization leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel discussion on the very first day of SEF 2026 analyzing "What Does the Next Year of Venture Capital Appear Like", speakers concurred that the emerging regional financial investment landscape appears appealing.

ANSR July GCC PRs 50DR+

Responding to a concern on local startups' potential customers of benefiting from current investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have so much choosing us in the area: the low cost of energy, an extremely progressive federal government that is ahead in policy, guideline and information personal privacy; and truly strong universities that are significantly looking at AI and ending up technical talent in AI."She added: "Our supreme goal is to see this area, particularly the GCC, become an AI superpower.

Our greatest driver right now is purchasing skill, due to the fact that in the AI race, it's the technical talent that actually wins."Focusing on the appearance of the region for investors, Christos Mastoras, Creator and Handling Partner of Iliad Partners, stated: "I think we are really fortunate to onboard the 3 largest banks of Greece as LPs [Limited Partners] for investment in the area.

"International development funds are coming in, which shows clear indications of maturity of the environment The ability of the UAE and regional governments to draw in talent; their innovation-first approach, 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 variety of handle the highest values, with 250 "largest ticket size" deals tape-recorded in 2025 in the nation.