Comparing Legacy Systems and Future Business Strategies

Affirming the development of AI in the area, a report launched by PwC previously this month stated that the use of AI amongst the workforce in the Middle East continues to rise, with 75 percent of employees in the region utilizing it in their jobs over the past 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's development in the technology sector and said that 84 percent of CEOs in the country are all set to deploy AI properly, well above the 76 percent global criteria, supported by the Kingdom's data governance ecosystem, consisting of national efforts led by the Saudi Data and Artificial Intelligence Authority.

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

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

How to Secure a Leading Edge in 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 area were $5.6 billion, a statement from organisers said. Both areas rely on each other for essential items.

In 2015 Latin America provided almost half the meat imports into the GCC and 36 percent of the area's total sugar imports, it added. Brazil is by far 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 (generally poultry), Argentina for cereals, Mexico for lorries and Chile for wood items, said a statement.

The forum was arranged by the Dubai Chamber of Commerce under the style "Moving Synergies", explores how businesses can gain from the changing 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 functioning as a details and research centre, by supplying business paperwork, providing legal services, assisting in networking chances through signature service occasions and delivering almost every conceivable company solution, it stated.

GCC development will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil growth will stay strong but slow somewhat. Non-oil activity will be supported by population growth, brand-new industries, and public investment; inflation will remain soft, while financial policy will loosen up. Hydrocarbons sector growth will accelerate, balancing out in part lower oil costs; fiscal balances will be mixed, with surpluses in UAE and Qatar, however deficits continue elsewhere.

The Operational Advantages of Deep Market Intelligence

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 drawing in funds and talent, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel conversation on the first day of SEF 2026 analyzing "What Does the Next Year of Endeavor Capital Look Like", speakers agreed that the emerging regional financial investment landscape appears appealing.

ANSR July GCC PRs 50DR+

Reacting to a question on regional startups' prospects of benefiting from recent financial investments in digital facilities, Tala Al Jabri, Creator and Handling Partner of Wyld VC said: "We have so much 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 really strong universities that are significantly taking a look at AI and ending up technical skill in AI."She included: "Our ultimate goal is to see this region, specifically the GCC, become an AI superpower.

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

"International development funds are can be found in, which reveals clear indications of maturity of the environment The capability of the UAE and regional federal governments to attract skill; their innovation-first approach, abundance of capital here in addition to inflow globally are the crucial structure blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the number of handle the highest worths, with 250 "largest ticket size" deals tape-recorded in 2025 in the nation.