All Categories
Featured
Table of Contents
Verifying the growth of AI in the region, a report released by PwC previously this month said that the use of AI amongst the workforce in the Middle East continues to increase, with 75 percent of employees in the area utilizing it in their tasks over the past 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 nation are all set to release AI responsibly, well above the 76 percent worldwide benchmark, 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 area appealing, consisting of having more pragmatic laws to enable for experimentation and development," stated the report.
Key Data From Latest Regional Market Analysis ReportsLeading magnate, policymakers and financiers from the GCC and Latin America recently explored how nations from the 2 regions can grow trade between each other in Dubai, UAE.More than 500 local and international policymakers, presidents, CEOs, magnate, investors, and market experts went to the first Global Organization Forum Latin America held at the Atlantis Palm - Dubai.
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 region were $5.6 billion, a declaration from organisers said. Both regions rely on each other for vital products.
In 2015 Latin America supplied almost half the meat imports into the GCC and 36 percent of the area's overall sugar imports, it added. 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 counts on Brazil for meat (generally poultry), Argentina for cereals, Mexico for cars and Chile for wood products, said a declaration.
The online forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how companies can take advantage of the altering patterns of international need and what function Dubai can play in helping with the next action in business relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however internationally too, by acting as an information and research study centre, by supplying business paperwork, offering legal services, helping with networking opportunities through signature service events and delivering nearly every conceivable organization solution, it stated.
GCC development will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil growth will stay strong however slow somewhat. Non-oil activity will be supported by population growth, brand-new industries, and public financial investment; inflation will remain soft, while financial policy will loosen up. Hydrocarbons sector development will accelerate, offsetting in part lower oil costs; financial balances will be blended, with surpluses in UAE and Qatar, but deficits persist in other places.
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 bring in funds and talent, said magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the very first day of SEF 2026 taking a look at "What Does the Next Year of Equity Capital Appear Like", speakers agreed that the emerging regional investment landscape appears appealing.
Reacting to a concern on regional startups' potential customers of benefiting from current financial investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have so much going for us in the region: the low cost of energy, a really progressive government that is ahead in policy, policy and data personal privacy; and truly strong universities that are progressively looking at AI and turning out technical skill in AI."She added: "Our ultimate goal is to see this area, particularly the GCC, end up being an AI superpower.
Our greatest motorist right now is investing in talent, due to the fact that in the AI race, it's the technical skill that truly wins.
"International growth funds are can be found in, which reveals clear signs of maturity of the environment The capability of the UAE and local federal governments to draw in talent; their innovation-first technique, abundance of capital here as well as inflow internationally are the essential foundation."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 "biggest ticket size" deals tape-recorded in 2025 in the nation.
Latest Posts
Essential Findings Within Latest Regional Market Analysis Reports
Boosting Dubai Industrial Expansion via Strategic Excellence
Will Dubai Lead Industrial Growth during 2026?