Navigating the Next Middle East Corporate Landscape

Verifying the development of AI in the region, a report launched by PwC previously this month stated that the usage of AI among the workforce in the Middle East continues to rise, with 75 percent of staff members in the area using it in their jobs over the previous 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's progress in the innovation sector and said that 84 percent of CEOs in the nation are all set to release AI responsibly, well above the 76 percent global standard, supported by the Kingdom's data governance community, consisting of nationwide efforts led by the Saudi Data and Expert System Authority.

Policymakers are thinking holistically about how to make the region attractive, including having more practical laws to permit experimentation and development," stated the report.

Top service leaders, policymakers and investors from the GCC and Latin America recently checked out how nations from the 2 regions can grow trade in between each other in Dubai, UAE.More than 500 regional and international policymakers, presidents, CEOs, magnate, investors, and market professionals attended the first Global Organization Forum Latin America held at the Atlantis Palm - Dubai.

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In 2015 the GCC comprised of the UAE, Bahrain, Kuwait, Oman, Qatar and Saudi Arabia, imported $11 billion worth of items from Latin America. And exports to Latin America from the region were $5.6 billion, a declaration from organisers said. Both regions rely on each other for vital 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 included. Brazil is by far the biggest trading partner for countries in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC relies on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for automobiles and Chile for wood items, stated a declaration.

The online forum was arranged by the Dubai Chamber of Commerce under the style "Moving Synergies", explores how businesses can take advantage of the altering patterns of worldwide need and what function Dubai can play in facilitating the next step in service relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however internationally too, by functioning as an info and research centre, by supplying business documents, offering legal services, assisting in networking chances by means of signature organization occasions and delivering practically every possible business service, it stated.

GCC development will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain solid but sluggish somewhat. Non-oil activity will be supported by population growth, new industries, and public investment; inflation will remain soft, while monetary policy will loosen. Hydrocarbons sector development will speed up, offsetting in part lower oil costs; fiscal balances will be blended, with surpluses in UAE and Qatar, but deficits continue somewhere else.

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SHARJAH (WAM) The GCC and larger Middle East region is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies attracting funds and talent, stated magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel discussion on the very first day of SEF 2026 taking a look at "What Does the Next Year of Venture Capital Appear Like", speakers concurred that the emerging local investment landscape appears appealing.

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Reacting to a question on regional startups' prospects of benefiting from recent investments in digital facilities, Tala Al Jabri, Creator and Handling Partner of Wyld VC said: "We have a lot going for us in the area: the low cost of energy, an extremely progressive federal government that is ahead in policy, guideline and information personal privacy; and actually strong educational institutions that are significantly taking a look at AI and turning out technical talent in AI."She added: "Our supreme objective is to see this region, specifically the GCC, end up being an AI superpower.

Our most significant chauffeur right now is investing in skill, since in the AI race, it's the technical talent that really wins.

"International development funds are coming in, which shows clear signs of maturity of the ecosystem The capability of the UAE and regional governments to bring in talent; their innovation-first technique, abundance of capital here along with inflow worldwide are the essential structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of deals with the greatest worths, with 250 "biggest ticket size" deals tape-recorded in 2025 in the country.