Comparing Legacy Systems and 2026 Economic Strategies

Affirming the development of AI in the region, a report released by PwC previously this month stated that the use of AI amongst the workforce in the Middle East continues to increase, with 75 percent of staff members in the area using it in their jobs 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 prepared to deploy AI properly, well above the 76 percent international standard, supported by the Kingdom's information governance environment, including nationwide initiatives led by the Saudi Data and Expert System Authority.

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

Top magnate, policymakers and investors from the GCC and Latin America just recently explored how countries from the 2 areas can grow trade in between each other in Dubai, UAE.More than 500 regional and global policymakers, heads of state, CEOs, magnate, investors, and industry experts went to the first Global Company Online forum Latin America held at the Atlantis Palm - Dubai.

Driving Dubai Industrial Growth through Strategy

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 region were $5.6 billion, a declaration from organisers said. Both regions depend on each other for necessary items.

In 2015 Latin America supplied almost half the meat imports into the GCC and 36 percent of the area's total sugar imports, it included. Brazil is without a doubt the largest trading partner for nations in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC depends on Brazil for meat (generally poultry), Argentina for cereals, Mexico for vehicles and Chile for wood items, stated a statement.

The forum was arranged 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 helping with the next step in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but worldwide too, by serving as an information and research study centre, by offering service documentation, providing legal services, facilitating networking opportunities by means of signature service events and delivering nearly every imaginable service option, it specified.

GCC development will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil development will remain strong but sluggish slightly. Non-oil activity will be supported by population development, brand-new industries, and public investment; inflation will remain soft, while financial policy will loosen up. Hydrocarbons sector development will accelerate, offsetting in part lower oil prices; financial balances will be combined, with surpluses in UAE and Qatar, however deficits persist elsewhere.

Emerging Future Shifts Defining the 2026 Regional Market

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 federal government policies drawing in funds and skill, stated business leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel conversation on the very 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 appealing.

ANSR July GCC PRs 50DR+

Reacting to a question on regional start-ups' prospects of benefiting from recent financial investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC said: "We have so much going for us in the area: the low cost of energy, a really progressive federal government that is ahead in policy, guideline and information personal privacy; and really strong educational organizations that are increasingly looking at AI and ending up technical talent in AI."She added: "Our supreme objective is to see this area, specifically the GCC, end up being an AI superpower.

Our greatest driver right now is investing in talent, because in the AI race, it's the technical talent that truly wins."Concentrating on the attractiveness of the area for investors, Christos Mastoras, Founder and Handling Partner of Iliad Partners, said: "I believe we are extremely fortunate to onboard the three largest banks of Greece as LPs [Limited Partners] for investment in the region.

"International growth funds are can be found in, which shows clear signs of maturity of the ecosystem The ability of the UAE and local governments to draw in skill; their innovation-first method, abundance of capital here as well as inflow globally are the key foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the variety of handle the highest worths, with 250 "largest ticket size" deals taped in 2025 in the country.