Comparing Legacy Models and Future Economic Frameworks

Affirming the development of AI in the region, a report released by PwC earlier this month stated that the usage of AI amongst the labor force in the Middle East continues to increase, with 75 percent of staff members in the area using it in their tasks over the previous 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's development in the innovation sector and said that 84 percent of CEOs in the nation are prepared to deploy AI properly, well above the 76 percent international standard, supported by the Kingdom's data governance environment, including nationwide efforts 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 allow for experimentation and development," stated the report.

Leading company leaders, policymakers and investors from the GCC and Latin America recently explored how countries from the two areas can grow trade between each other in Dubai, UAE.More than 500 local and global policymakers, presidents, CEOs, service leaders, financiers, and industry professionals participated in the very first Global Business Forum Latin America held at the Atlantis Palm - Dubai.

Comparing Legacy Models and Future Economic Strategies

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 region were $5.6 billion, a statement from organisers stated. Both regions depend on each other for important 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 added. Brazil is without a doubt the biggest trading partner for nations in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC counts on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for cars and Chile for wood products, said a declaration.

The forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how businesses can take advantage of the changing patterns of international need and what function Dubai can play in assisting in the next action in organization relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however internationally too, by serving as a details and research study centre, by supplying business documentation, offering legal services, assisting in networking opportunities by means of signature business occasions and delivering practically every conceivable business option, it stated.

GCC growth will enhance in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain solid however slow a little. Non-oil activity will be supported by population growth, new markets, and public investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector growth will accelerate, offsetting in part lower oil prices; financial balances will be combined, with surpluses in UAE and Qatar, however deficits persist somewhere else.

Evaluating Traditional Systems and Future Business Frameworks

SHARJAH (WAM) The GCC and wider 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, stated organization leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel conversation on the first day of SEF 2026 taking a look at "What Does the Next Year of Equity Capital Appear Like", speakers agreed that the emerging local investment landscape appears appealing.

ANSR July GCC PRs 50DR+

Reacting to a question on regional start-ups' prospects of benefiting from current financial investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC said: "We have so much going for us in the area: the low cost of energy, a very progressive government that is ahead in policy, guideline and information personal privacy; and actually strong instructional organizations that are increasingly taking a look at AI and turning out technical skill in AI."She included: "Our supreme goal is to see this region, particularly the GCC, end up being an AI superpower.

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

"International development funds are can be found in, which shows clear indications of maturity of the community The capability of the UAE and regional governments to draw in talent; their innovation-first method, abundance of capital here in addition to inflow internationally are the key structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the number of deals with the highest values, with 250 "biggest ticket size" deals recorded in 2025 in the nation.