Evaluating Legacy Systems and 2026 Economic Strategies thumbnail

Evaluating Legacy Systems and 2026 Economic Strategies

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Verifying the growth of AI in the region, a report released by PwC earlier this month said that the use of AI among the labor force in the Middle East continues to increase, with 75 percent of staff members in the area utilizing 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 said that 84 percent of CEOs in the country are prepared to deploy AI responsibly, well above the 76 percent international criteria, supported by the Kingdom's information governance community, including national initiatives led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are believing holistically about how to make the region attractive, consisting of having more practical laws to permit experimentation and growth," said the report.

Creating a Future-Proof Outsourcing Framework for the Region

Top magnate, policymakers and investors from the GCC and Latin America recently checked out how countries from the two regions can grow trade in between each other in Dubai, UAE.More than 500 regional and global policymakers, presidents, CEOs, service leaders, financiers, and market experts participated in the first Global Organization Forum Latin America held at the Atlantis Palm - Dubai.

Emerging Future Trends Defining the 2026 GCC Economy

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 declaration from organisers stated. Both areas count on each other for necessary items.

In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 percent of the region's total sugar imports, it included. Brazil is by far the biggest trading partner for nations in the region, followed by Argentina and Mexico. Amongst 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 statement.

The forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how organizations can benefit from the changing patterns of international need and what function Dubai can play in assisting in the next step in company relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but globally too, by functioning as an information and research centre, by providing company documents, offering legal services, assisting in networking chances by means of signature business occasions and delivering almost every possible service service, it specified.

GCC growth will enhance in 2026, led by faster growth in hydrocarbons; non-oil growth will remain solid however slow somewhat. Non-oil activity will be supported by population development, brand-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; financial balances will be mixed, with surpluses in UAE and Qatar, but deficits persist elsewhere.

Analysing New Market Research for Strategic Growth

SHARJAH (WAM) The GCC and broader Middle East region is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies attracting funds and skill, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel conversation on the very first day of SEF 2026 taking a look at "What Does the Next Year of Endeavor Capital Appear Like", speakers concurred that the emerging local financial investment landscape appears promising.

Assessing Your GCC Outsourcing Partners for the Long Term
ANSR July GCC PRs 50DR+ANSR July GCC PRs 50DR+


Reacting to a question on local startups' potential customers of taking advantage of recent financial investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have so much choosing us in the area: the low expense of energy, a very progressive federal government that is ahead in policy, guideline and information personal privacy; and actually strong universities that are increasingly taking a look at AI and ending up technical skill in AI."She included: "Our supreme goal is to see this region, particularly the GCC, become an AI superpower.

Our biggest chauffeur right now is buying 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 investors, Christos Mastoras, Founder and Handling Partner of Iliad Partners, said: "I believe we are really fortunate to onboard the three biggest banks of Greece as LPs [Limited Partners] for investment in the region.

"International growth funds are coming in, which reveals clear indications of maturity of the environment The ability of the UAE and local governments to draw in talent; their innovation-first technique, abundance of capital here in addition to inflow worldwide are the essential structure blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the variety of handle the highest values, with 250 "largest ticket size" offers recorded in 2025 in the country.

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