Evaluating Legacy Models and 2026 Economic Strategies thumbnail

Evaluating Legacy Models and 2026 Economic Strategies

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Verifying the growth of AI in the region, a report released by PwC previously this month said that the usage of AI among the labor force in the Middle East continues to rise, with 75 percent of employees in the area using it in their tasks over the previous 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's progress in the innovation sector and stated that 84 percent of CEOs in the country are prepared to release AI responsibly, well above the 76 percent worldwide benchmark, supported by the Kingdom's information governance environment, including national initiatives led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are thinking holistically about how to make the area appealing, including having more practical laws to permit for experimentation and development," said the report.

How to Utilize Market Intelligence for Success

Top magnate, policymakers and investors from the GCC and Latin America just recently checked out how nations from the two areas can grow trade in between each other in Dubai, UAE.More than 500 regional and international policymakers, heads of state, CEOs, service leaders, investors, and market specialists attended the very first Global Business Online forum Latin America held at the Atlantis Palm - Dubai.

Industrial Excellence: a Strategic Driver for Regional Success

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 area were $5.6 billion, a declaration from organisers said. Both areas rely on each other for important products.

In 2015 Latin America provided almost half the meat imports into the GCC and 36 per cent of the region's overall sugar imports, it added. Brazil is without a doubt the biggest trading partner for nations in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC relies on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for cars and Chile for wood items, said a statement.

The online forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how services can gain from the changing patterns of global demand and what function Dubai can play in facilitating 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 acting as an info and research centre, by offering company documents, providing legal services, helping with networking opportunities via signature company occasions and providing almost every imaginable company option, it stated.

GCC development will enhance in 2026, led by faster growth in hydrocarbons; non-oil growth will remain solid but sluggish somewhat. Non-oil activity will be supported by population growth, brand-new markets, and public financial investment; inflation will remain soft, while monetary policy will loosen. Hydrocarbons sector development will speed up, offsetting in part lower oil costs; financial balances will be mixed, with surpluses in UAE and Qatar, however deficits continue elsewhere.

How to Maintain a Competitive Edge in 2026

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 attracting funds and talent, stated organization leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel conversation on the first day of SEF 2026 examining "What Does the Next Year of Endeavor Capital Look Like", speakers agreed that the emerging local financial investment landscape appears promising.

Why Is Operational Excellence Essential for Future Expansion?
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Reacting to a question on regional start-ups' potential customers of gaining from recent financial investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have a lot opting for us in the region: the low cost of energy, a very progressive federal government that is ahead in policy, guideline and information privacy; and really strong educational institutions that are progressively looking at AI and ending up technical skill in AI."She included: "Our supreme objective is to see this area, specifically the GCC, become an AI superpower.

Our biggest chauffeur right now is buying talent, because in the AI race, it's the technical skill that really wins."Concentrating on the beauty of the region for financiers, Christos Mastoras, Creator and Handling Partner of Iliad Partners, said: "I believe we are very fortunate to onboard the 3 largest banks of Greece as LPs [Limited Partners] for financial investment in the area.

"International growth funds are can be found in, which reveals clear indications of maturity of the environment The ability of the UAE and local governments to attract talent; their innovation-first approach, abundance of capital here along with inflow globally are the crucial foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the number of offers with the greatest values, with 250 "largest ticket size" offers recorded in 2025 in the country.

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