Comparing Traditional Models and 2026 Business Strategies thumbnail

Comparing Traditional Models and 2026 Business Strategies

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

In November, a report launched by KPMG highlighted Saudi Arabia's development in the innovation sector and stated that 84 percent of CEOs in the country are ready to deploy AI responsibly, well above the 76 percent worldwide criteria, supported by the Kingdom's information governance ecosystem, consisting of national efforts led by the Saudi Data and Expert System Authority.

Policymakers are thinking holistically about how to make the region appealing, including having more pragmatic laws to allow for experimentation and development," said the report.

Local Vs Global Approaches in the MENA Region

Top magnate, policymakers and investors from the GCC and Latin America recently explored how nations from the 2 regions can grow trade between each other in Dubai, UAE.More than 500 regional and global policymakers, heads of state, CEOs, magnate, investors, and market specialists attended the first Global Service Forum Latin America held at the Atlantis Palm - Dubai.

Emerging Future Shifts Defining the 2026 Regional Economy

In 2015 the GCC made up 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 statement from organisers said. Both areas depend on each other for essential products.

In 2015 Latin America supplied almost 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 largest trading partner for nations in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC counts on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for lorries and Chile for wood items, stated a statement.

The online forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how services can take advantage of the altering patterns of international need and what role Dubai can play in helping with the next step in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however globally too, by acting as an information and research centre, by supplying business paperwork, providing legal services, facilitating networking chances by means of signature organization occasions and providing nearly every conceivable business option, it specified.

GCC growth will enhance in 2026, led by faster expansion in hydrocarbons; non-oil development will stay strong but slow slightly. Non-oil activity will be supported by population development, brand-new markets, and public financial investment; inflation will stay soft, while financial policy will loosen up. Hydrocarbons sector development will accelerate, offsetting in part lower oil rates; financial balances will be blended, with surpluses in UAE and Qatar, however deficits continue somewhere else.

Driving Dubai Industrial Expansion through Innovation

SHARJAH (WAM) The GCC and broader Middle East area is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies bring in funds and talent, stated magnate 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 Look Like", speakers concurred that the emerging local investment landscape appears appealing.

Local Vs Global Approaches in the MENA Region
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Reacting to a question on regional startups' potential customers of gaining from current investments in digital facilities, Tala Al Jabri, Creator and Handling Partner of Wyld VC said: "We have a lot going for us in the region: the low expense of energy, a very progressive government that is ahead in policy, guideline and information personal privacy; and truly strong academic organizations that are progressively taking a look at AI and ending up technical skill in AI."She included: "Our ultimate objective is to see this area, specifically the GCC, end up being an AI superpower.

Our greatest driver right now is investing in skill, due to the fact that in the AI race, it's the technical talent that really wins.

"International growth funds are coming in, which reveals clear signs of maturity of the ecosystem The capability of the UAE and regional federal governments to bring in skill; their innovation-first method, abundance of capital here along with inflow worldwide are the essential building blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the number of handle the greatest values, with 250 "largest ticket size" deals tape-recorded in 2025 in the nation.