Evaluating Legacy Systems and 2026 Business Strategies

Verifying the development of AI in the area, a report launched by PwC earlier this month stated 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 past 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's development in the innovation sector and stated that 84 percent of CEOs in the nation are ready to release AI properly, 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 area attractive, including having more practical laws to permit experimentation and development," said the report.

Leading magnate, policymakers and investors from the GCC and Latin America recently checked out how countries from the 2 areas can grow trade in between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, presidents, CEOs, service leaders, financiers, and industry professionals went to the first Global Business Forum Latin America held at the Atlantis Palm - Dubai.

Will Strategic Research Define Middle East Industrial Growth?

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 stated. Both regions count on each other for vital items.

In 2015 Latin America supplied almost 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 nations in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC counts on Brazil for meat (generally poultry), Argentina for cereals, Mexico for cars and Chile for wood items, said a declaration.

The online forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how services can gain from the altering patterns of international demand and what role Dubai can play in helping with the next action in company relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but globally too, by functioning as an information and research study centre, by supplying service paperwork, providing legal services, helping with networking opportunities through signature business events and delivering practically every possible company option, it stated.

GCC development will strengthen in 2026, led by faster growth in hydrocarbons; non-oil growth will stay strong however slow 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 speed up, balancing out in part lower oil costs; financial balances will be blended, with surpluses in UAE and Qatar, however deficits continue in other places.

Navigating the 2026 GCC Corporate Landscape

SHARJAH (WAM) The GCC and larger Middle East area is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies attracting funds and skill, said company leaders at the 9th edition of Sharjah Entrepreneurial Festival (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 Look Like", speakers concurred that the emerging regional financial investment landscape appears promising.

ANSR July GCC PRs 50DR+

Responding to a concern on regional startups' prospects of gaining from recent financial investments in digital facilities, Tala Al Jabri, Creator and Handling Partner of Wyld VC said: "We have a lot opting for us in the region: the low cost of energy, an extremely progressive government that is ahead in policy, regulation and data personal privacy; and really strong educational institutions that are significantly looking at AI and ending up technical talent in AI."She included: "Our supreme objective is to see this region, particularly the GCC, end up being an AI superpower.

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

"International growth funds are can be found in, which shows clear signs of maturity of the ecosystem The ability of the UAE and regional federal governments to bring in talent; their innovation-first method, abundance of capital here along with inflow worldwide are the essential structure blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of offers with the highest worths, with 250 "largest ticket size" offers recorded in 2025 in the nation.