Evaluating Legacy Systems and 2026 Economic Frameworks

Verifying the growth of AI in the region, a report launched by PwC earlier this month stated that the use of AI amongst the workforce in the Middle East continues to increase, with 75 percent of employees in the area using it in their jobs over the previous 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's development in the innovation sector and said that 84 percent of CEOs in the country are all set to release AI responsibly, well above the 76 percent international standard, supported by the Kingdom's information governance ecosystem, including national efforts led by the Saudi Data and Artificial Intelligence Authority.

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

Top magnate, policymakers and investors from the GCC and Latin America just recently checked out how nations from the two regions can grow trade between each other in Dubai, UAE.More than 500 regional and global policymakers, presidents, CEOs, magnate, financiers, and industry experts participated in the first Global Company 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 areas count on each other for vital 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 by far the largest trading partner for nations in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC depends on Brazil for meat (generally poultry), Argentina for cereals, Mexico for vehicles and Chile for wood products, stated a declaration.

The online forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how companies can take advantage of the altering patterns of worldwide demand and what function Dubai can play in helping with the next step in business 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 centre, by supplying organization documents, using legal services, helping with networking chances through signature company occasions and providing practically every possible organization option, it stated.

GCC growth will strengthen in 2026, led by faster growth in hydrocarbons; non-oil growth will stay strong but slow slightly. Non-oil activity will be supported by population growth, new markets, and public investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector growth will accelerate, balancing out in part lower oil costs; fiscal balances will be mixed, with surpluses in UAE and Qatar, however deficits continue elsewhere.

Comparing Traditional Systems and 2026 Business Frameworks

SHARJAH (WAM) The GCC and broader Middle East area is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies bring in funds and talent, said organization leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During 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 promising.

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Responding to a concern on local start-ups' potential customers of gaining from current investments in digital infrastructure, Tala Al Jabri, Creator and Managing Partner of Wyld VC stated: "We have a lot choosing us in the region: the low cost of energy, a really progressive federal government that is ahead in policy, regulation and data privacy; and truly strong universities that are progressively looking at AI and turning out technical talent in AI."She included: "Our supreme objective is to see this region, particularly the GCC, end up being an AI superpower.

Our most significant motorist right now is investing in talent, due to the fact that in the AI race, it's the technical talent that really wins.

"International growth funds are coming in, which reveals clear signs of maturity of the ecosystem The ability of the UAE and regional federal governments to bring in talent; their innovation-first technique, abundance of capital here as well as inflow worldwide are the essential structure blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the number of handle the greatest worths, with 250 "biggest ticket size" deals taped in 2025 in the nation.