All Categories
Featured
Table of Contents
Verifying the growth of AI in the area, a report released by PwC previously this month said that the usage of AI amongst the labor force in the Middle East continues to rise, with 75 percent of staff members in the area utilizing it in their jobs over the previous 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's progress in the technology sector and said that 84 percent of CEOs in the country are ready to deploy AI properly, well above the 76 percent global standard, supported by the Kingdom's information governance community, consisting of nationwide initiatives led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are thinking holistically about how to make the area attractive, consisting of having more practical laws to enable experimentation and development," said the report.
Adjusting to the Changing Face of Omani Company RegulationsTop magnate, policymakers and financiers from the GCC and Latin America recently explored how countries from the two regions can grow trade between each other in Dubai, UAE.More than 500 local and worldwide policymakers, presidents, CEOs, magnate, investors, and industry specialists attended the very first Global Company Forum Latin America held at the Atlantis Palm - Dubai.
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 statement from organisers stated. Both regions count on each other for essential products.
In 2015 Latin America provided nearly half the meat imports into the GCC and 36 per cent of the region's overall sugar imports, it included. Brazil is without a doubt the largest trading partner for countries in the region, 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, stated a statement.
The online forum was organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", explores how businesses can benefit from the changing patterns of global demand and what function Dubai can play in facilitating the next action in service relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however globally too, by serving as a details and research centre, by supplying company documentation, offering legal services, assisting in networking opportunities by means of signature company occasions and delivering practically every conceivable business option, it mentioned.
GCC development will reinforce in 2026, led by faster growth in hydrocarbons; non-oil growth will remain solid however sluggish somewhat. Non-oil activity will be supported by population growth, new markets, and public financial investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector development will accelerate, balancing out in part lower oil prices; fiscal balances will be mixed, with surpluses in UAE and Qatar, however deficits persist in other places.
SHARJAH (WAM) The GCC and broader 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 talent, stated magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel conversation on the very first day of SEF 2026 taking a look at "What Does the Next Year of Endeavor Capital Appear Like", speakers agreed that the emerging regional financial investment landscape appears promising.
Adjusting to the Changing Face of Omani Company RegulationsReacting to a question on local start-ups' prospects of gaining from current financial investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have so much choosing us in the region: the low cost of energy, an extremely progressive government that is ahead in policy, regulation and information personal privacy; and truly strong instructional institutions that are progressively looking at AI and turning out technical skill in AI."She included: "Our ultimate objective is to see this region, specifically the GCC, end up being an AI superpower.
Our biggest chauffeur today is buying talent, because in the AI race, it's the technical skill that really wins."Concentrating on the appearance of the area for investors, Christos Mastoras, Founder and Managing Partner of Iliad Partners, said: "I think we are really lucky 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 shows clear indications of maturity of the community The ability of the UAE and local federal governments to attract skill; their innovation-first technique, abundance of capital here in addition to inflow worldwide are the essential building blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of handle the highest worths, with 250 "largest ticket size" deals recorded in 2025 in the country.
Latest Posts
Forward-Thinking Operational Excellence for 2026 Ecosystems
Middle East Business News for Strategic Planning
Boosting Regional Industrial Expansion through Strategic Excellence