All Categories
Featured
Table of Contents
Verifying the development of AI in the area, a report launched by PwC previously this month said that the usage of AI among the labor force in the Middle East continues to increase, with 75 percent of workers in the region utilizing 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 said that 84 percent of CEOs in the country are all set to release AI properly, well above the 76 percent global standard, supported by the Kingdom's data governance ecosystem, consisting of national efforts led by the Saudi Data and Expert System Authority.
Policymakers are believing holistically about how to make the region attractive, consisting of having more practical laws to permit for experimentation and growth," stated the report.
Preparing the UAE Workforce for the 2026 Digital ShiftLeading magnate, policymakers and financiers from the GCC and Latin America recently explored how nations from the two areas can grow trade in between each other in Dubai, UAE.More than 500 local and worldwide policymakers, presidents, CEOs, magnate, financiers, and market specialists attended the first Global Business Online 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 goods from Latin America. And exports to Latin America from the region were $5.6 billion, a declaration from organisers said. Both regions rely on each other for vital items.
In 2015 Latin America supplied almost half the meat imports into the GCC and 36 percent of the region'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. Amongst the Latin American states, the GCC counts on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for automobiles and Chile for wood products, said a statement.
The forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how companies can take advantage of the changing patterns of international demand and what function 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 but worldwide too, by functioning as an info and research study centre, by offering company documentation, using legal services, helping with networking chances via signature company events and delivering practically every conceivable organization solution, it mentioned.
GCC growth will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil development will remain strong but sluggish a little. Non-oil activity will be supported by population development, new industries, and public financial investment; inflation will remain soft, while monetary policy will loosen up. Hydrocarbons sector development will speed up, offsetting in part lower oil prices; fiscal balances will be blended, with surpluses in UAE and Qatar, however deficits continue in other places.
SHARJAH (WAM) The GCC and wider 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 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 Endeavor Capital Appear Like", speakers agreed that the emerging regional investment landscape appears appealing.
The Secret to Long-Term Skill Retention in the UAEResponding to a concern on regional startups' potential customers of gaining from recent investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have a lot opting for us in the region: the low cost of energy, a really progressive federal government that is ahead in policy, regulation and information personal privacy; and truly strong educational institutions that are progressively taking a look at AI and turning out technical skill in AI."She included: "Our supreme objective 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 talent that actually wins.
"International growth funds are can be found in, which reveals clear signs of maturity of the environment The capability of the UAE and local federal governments to attract talent; their innovation-first method, abundance of capital here in addition to inflow internationally are the crucial building blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the variety of handle the highest worths, with 250 "biggest ticket size" offers tape-recorded in 2025 in the country.
Latest Posts
Driving Strategic Excellence in the GCC
Driving Organizational Change for the 2026 GCC
Optimising Operational Efficiency through Strategic Business Planning
