Comparing Legacy Systems and Future Economic Strategies

Verifying the development of AI in the region, a report released by PwC previously this month stated that the use of AI amongst the workforce in the Middle East continues to increase, with 75 percent of workers in the region using it in their tasks over the past 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's progress in the technology sector and said that 84 percent of CEOs in the country are ready to release AI responsibly, well above the 76 percent global criteria, supported by the Kingdom's information governance community, consisting of nationwide efforts led by the Saudi Data and Artificial Intelligence Authority.

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

Leading organization leaders, policymakers and financiers from the GCC and Latin America recently explored how nations from the two areas can grow trade in between each other in Dubai, UAE.More than 500 local and worldwide policymakers, presidents, CEOs, business leaders, investors, and industry specialists went to the first Global Business Online forum Latin America held at the Atlantis Palm - Dubai.

Evaluating Legacy Models 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 products from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers said. Both areas count on each other for important items.

In 2015 Latin America provided almost half the meat imports into the GCC and 36 percent of the area's overall sugar imports, it added. Brazil is by far 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 vehicles and Chile for wood products, stated a statement.

The online forum was organised by the Dubai Chamber of Commerce under the style "Moving Synergies", checks out how companies can gain from the changing patterns of worldwide need and what role Dubai can play in assisting in the next step in company relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but globally too, by functioning as a details and research centre, by supplying service paperwork, using legal services, facilitating networking chances by means of signature service occasions and delivering practically every imaginable service solution, it stated.

GCC development will enhance in 2026, led by faster growth in hydrocarbons; non-oil growth will remain solid but sluggish a little. Non-oil activity will be supported by population growth, new industries, and public financial investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector growth will speed up, balancing out in part lower oil prices; fiscal balances will be mixed, with surpluses in UAE and Qatar, however deficits continue in other places.

Essential Steps for Operational Excellence in the GCC

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 attracting funds and talent, stated business leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel discussion on the first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Appear Like", speakers concurred that the emerging local financial investment landscape appears appealing.

ANSR July GCC PRs 50DR+

Reacting to a concern on local startups' prospects of benefiting from current financial investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have so much opting for us in the region: the low cost of energy, a very progressive federal government that is ahead in policy, policy and information privacy; and really strong instructional organizations that are progressively looking at AI and ending up technical skill in AI."She included: "Our supreme objective is to see this area, specifically the GCC, end up being an AI superpower.

Our biggest driver today is investing in talent, due to the fact that in the AI race, it's the technical talent that really wins."Focusing on the attractiveness of the region for financiers, Christos Mastoras, Creator and Handling Partner of Iliad Partners, stated: "I think we are extremely fortunate to onboard the 3 largest banks of Greece as LPs [Limited Partners] for investment in the region.

"International development funds are being available in, which reveals clear indications of maturity of the environment The capability of the UAE and local governments to attract talent; their innovation-first technique, abundance of capital here as well as inflow globally are the key building blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the variety of deals with the greatest values, with 250 "biggest ticket size" offers taped in 2025 in the nation.