Evaluating Legacy Systems and Future Business Strategies

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

In November, a report released by KPMG highlighted Saudi Arabia's progress in the technology sector and stated that 84 percent of CEOs in the nation are prepared to release AI properly, well above the 76 percent worldwide criteria, supported by the Kingdom's information governance environment, consisting of nationwide efforts led by the Saudi Data and Expert System Authority.

Policymakers are thinking holistically about how to make the region appealing, including having more pragmatic laws to enable experimentation and development," stated the report.

Leading magnate, policymakers and investors from the GCC and Latin America recently explored how nations from the 2 areas can grow trade in between each other in Dubai, UAE.More than 500 regional and international policymakers, presidents, CEOs, magnate, investors, and market experts attended the very first Global Service Online forum Latin America held at the Atlantis Palm - Dubai.

How to Maintain a Leading Advantage in 2026

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 area were $5.6 billion, a statement from organisers stated. Both areas count on each other for necessary 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 biggest trading partner for countries in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC relies on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, said a declaration.

The forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how services can benefit from the changing patterns of worldwide need and what role Dubai can play in assisting in the next step in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but worldwide too, by acting as an information and research centre, by providing business documentation, using legal services, facilitating networking opportunities via signature organization occasions and delivering nearly every imaginable service option, it mentioned.

GCC development will strengthen in 2026, led by faster growth in hydrocarbons; non-oil development will stay strong but sluggish slightly. Non-oil activity will be supported by population development, brand-new industries, and public investment; inflation will stay soft, while financial policy will loosen. Hydrocarbons sector growth will speed up, offsetting in part lower oil rates; fiscal balances will be blended, with surpluses in UAE and Qatar, but deficits persist in other places.

Accelerating Regional Industrial Expansion through Strategy

SHARJAH (WAM) The GCC and wider Middle East area is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies bring in funds and skill, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel discussion on the very first day of SEF 2026 analyzing "What Does the Next Year of Venture Capital Appear Like", speakers agreed that the emerging regional investment landscape appears appealing.

ANSR July GCC PRs 50DR+

Responding to a question on local start-ups' prospects of gaining from recent financial investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC said: "We have a lot opting for us in the area: the low expense of energy, an extremely progressive federal government that is ahead in policy, regulation and information personal privacy; and actually strong universities that are significantly taking a look at AI and ending up technical talent in AI."She included: "Our supreme goal is to see this region, specifically the GCC, end up being an AI superpower.

Our most significant driver today is purchasing talent, since in the AI race, it's the technical skill that actually wins."Focusing on the appearance of the area for financiers, Christos Mastoras, Founder and Managing Partner of Iliad Partners, stated: "I believe we are really lucky to onboard the 3 largest banks of Greece as LPs [Limited Partners] for investment in the area.

"International growth funds are coming in, which shows clear signs of maturity of the ecosystem The capability of the UAE and local governments to draw in talent; their innovation-first method, abundance of capital here as well as inflow worldwide are the key structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the number of handle the highest worths, with 250 "largest ticket size" deals taped in 2025 in the nation.