Comparing Legacy Systems and 2026 Business Frameworks

Verifying the development of AI in the area, a report launched by PwC previously this month said that the usage of AI amongst the labor force in the Middle East continues to increase, 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 development in the technology sector and said that 84 percent of CEOs in the nation are ready to deploy AI properly, well above the 76 percent global benchmark, supported by the Kingdom's data governance environment, including national initiatives led by the Saudi Data and Expert System Authority.

Policymakers are believing holistically about how to make the area appealing, consisting of having more practical laws to enable for experimentation and growth," stated the report.

Leading company leaders, policymakers and financiers from the GCC and Latin America just recently explored how nations from the two areas can grow trade between each other in Dubai, UAE.More than 500 local and worldwide policymakers, presidents, CEOs, magnate, investors, and market professionals went to the very first Global Business Forum Latin America held at the Atlantis Palm - Dubai.

Evaluating Legacy Systems and 2026 Business Strategies

In 2015 the GCC made up 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 area were $5.6 billion, a declaration from organisers said. Both areas depend on each other for vital items.

In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 per cent of the region's total sugar imports, it added. Brazil is without a doubt 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 (primarily poultry), Argentina for cereals, Mexico for vehicles and Chile for wood products, said a statement.

The online forum was organised by the Dubai Chamber of Commerce under the style "Moving Synergies", explores how organizations 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 however worldwide too, by acting as a details and research centre, by providing company paperwork, offering legal services, facilitating networking opportunities by means of signature organization events and providing nearly every possible company option, it specified.

GCC development will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain solid but slow somewhat. Non-oil activity will be supported by population development, new markets, and public financial investment; inflation will remain soft, while financial policy will loosen. Hydrocarbons sector growth will speed up, offsetting in part lower oil rates; financial balances will be blended, with surpluses in UAE and Qatar, however deficits persist elsewhere.

Industrial Excellence: a Strategic Driver for Regional Growth

SHARJAH (WAM) The GCC and wider Middle East area 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 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 Equity Capital Appear Like", speakers agreed that the emerging regional financial investment landscape appears appealing.

ANSR July GCC PRs 50DR+

Responding to a question on local start-ups' potential customers of benefiting from recent financial investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have so much choosing us in the area: the low cost of energy, a really progressive government that is ahead in policy, policy and data privacy; and actually strong educational institutions that are progressively taking a look at AI and ending up technical talent in AI."She added: "Our ultimate objective is to see this area, specifically the GCC, end up being an AI superpower.

Our most significant chauffeur today is investing in talent, since in the AI race, it's the technical talent that really wins."Concentrating on the attractiveness of the area for investors, Christos Mastoras, Creator and Managing Partner of Iliad Partners, stated: "I believe we are very fortunate to onboard the 3 biggest banks of Greece as LPs [Limited Partners] for financial investment in the region.

"International growth funds are being available in, which shows clear indications of maturity of the community The ability of the UAE and regional governments to attract talent; their innovation-first approach, abundance of capital here in addition to inflow worldwide are the crucial foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the number of handle the greatest worths, with 250 "largest ticket size" offers taped in 2025 in the country.