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Verifying the development of AI in the region, a report released by PwC previously this month stated that the usage of AI amongst 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 previous 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's development in the innovation sector and said that 84 percent of CEOs in the country are all set to deploy AI properly, well above the 76 percent global standard, supported by the Kingdom's data governance community, including nationwide efforts led by the Saudi Data and Expert System Authority.
Policymakers are thinking holistically about how to make the area appealing, including having more pragmatic laws to permit experimentation and development," said the report.
Redefining Employee Benefits for a New UAE EraLeading magnate, policymakers and investors from the GCC and Latin America just recently checked out how countries from the two regions can grow trade between each other in Dubai, UAE.More than 500 regional and global policymakers, presidents, CEOs, magnate, financiers, and industry professionals went to the first Global Service 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 statement from organisers said. Both regions count on each other for necessary products.
In 2015 Latin America supplied almost half the meat imports into the GCC and 36 per cent of the area's overall sugar imports, it added. Brazil is by far the largest 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 automobiles and Chile for wood products, said a declaration.
The online forum was organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", checks out how organizations can take advantage of the altering patterns of global demand and what role Dubai can play in helping with the next step in organization relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but worldwide too, by serving as an information and research centre, by supplying organization paperwork, providing legal services, facilitating networking opportunities by means of signature service occasions and providing almost every conceivable business solution, it specified.
GCC growth will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil development will remain solid but sluggish 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. Hydrocarbons sector development will speed up, balancing out in part lower oil costs; fiscal balances will be mixed, with surpluses in UAE and Qatar, however deficits continue elsewhere.
SHARJAH (WAM) The GCC and larger Middle East area is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies bring in funds and skill, said organization leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel conversation on the first day of SEF 2026 examining "What Does the Next Year of Equity Capital Appear Like", speakers concurred that the emerging regional financial investment landscape appears promising.
The Role of Mental Health in UAE Talent ManagementReacting to a question on local start-ups' prospects of taking advantage of current investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have a lot choosing us in the region: the low cost of energy, a very progressive federal government that is ahead in policy, regulation and information personal privacy; and really strong universities that are increasingly taking a look at AI and ending up technical talent in AI."She included: "Our supreme goal is to see this region, specifically the GCC, end up being an AI superpower.
Our biggest chauffeur right now is investing in skill, because in the AI race, it's the technical talent that actually wins.
"International development funds are coming in, which reveals clear indications of maturity of the community The capability of the UAE and regional federal governments to draw in talent; their innovation-first approach, abundance of capital here in addition to inflow globally are the key building 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" offers tape-recorded in 2025 in the country.
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