Accelerating Regional Corporate Expansion through Innovation

Verifying the growth of AI in the region, a report launched by PwC earlier this month said that the usage of AI amongst the workforce in the Middle East continues to increase, with 75 percent of workers in the region utilizing it in their jobs over the past 12 months.

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

Policymakers are believing holistically about how to make the region attractive, consisting of having more pragmatic laws to enable experimentation and growth," said the report.

Leading magnate, policymakers and investors from the GCC and Latin America recently explored how countries from the 2 regions can grow trade in between each other in Dubai, UAE.More than 500 local and global policymakers, presidents, CEOs, magnate, investors, and market specialists attended the first Global Business Online forum Latin America held at the Atlantis Palm - Dubai.

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In 2015 the GCC made up 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 region were $5.6 billion, a statement from organisers stated. Both regions count on each other for important items.

In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the area's total 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 (mainly poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, stated a statement.

The forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how companies can gain from the altering patterns of worldwide need and what function 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 however internationally too, by acting as an info and research study centre, by supplying business documents, providing legal services, helping with networking chances via signature company occasions and providing practically every conceivable business service, it mentioned.

GCC growth will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain strong however sluggish a little. Non-oil activity will be supported by population development, brand-new industries, and public financial investment; inflation will stay soft, while financial policy will loosen. Hydrocarbons sector development will accelerate, offsetting in part lower oil prices; fiscal balances will be mixed, with surpluses in UAE and Qatar, however deficits continue in other places.

Can Market Analytics Define Dubai Corporate Growth?

SHARJAH (WAM) The GCC and larger 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 skill, stated organization leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout 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 concurred that the emerging local investment landscape appears promising.

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Reacting to a question on local start-ups' potential customers of benefiting from current financial investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have a lot going for us in the region: the low cost of energy, a very progressive government that is ahead in policy, regulation and data privacy; and truly strong universities that are increasingly looking at AI and ending up technical skill in AI."She added: "Our ultimate objective is to see this region, particularly the GCC, become an AI superpower.

Our most significant driver right now is investing in talent, because 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 community The ability of the UAE and local governments to draw in skill; their innovation-first approach, abundance of capital here along with inflow worldwide are the key building blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the number of deals with the greatest values, with 250 "biggest ticket size" deals tape-recorded in 2025 in the nation.