Comparing Traditional Models and Future Business Strategies

Verifying the growth of AI in the area, a report launched by PwC earlier this month stated that the usage of AI among the labor force in the Middle East continues to increase, with 75 percent of workers in the area utilizing 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 stated that 84 percent of CEOs in the nation are prepared to release AI responsibly, well above the 76 percent global standard, supported by the Kingdom's data governance environment, including national initiatives led by the Saudi Data and Expert System Authority.

Policymakers are thinking holistically about how to make the area appealing, consisting of having more pragmatic laws to permit experimentation and growth," said the report.

Leading service leaders, policymakers and investors from the GCC and Latin America recently explored how countries from the two areas can grow trade between each other in Dubai, UAE.More than 500 local and international policymakers, presidents, CEOs, magnate, investors, and industry specialists participated in the first Global Company Online 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 products from Latin America. And exports to Latin America from the area were $5.6 billion, a declaration from organisers stated. Both areas depend on each other for important items.

In 2015 Latin America provided almost half the meat imports into the GCC and 36 per cent of the region's overall sugar imports, it added. Brazil is by far the biggest trading partner for countries in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC depends on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for lorries and Chile for wood items, said a statement.

The online forum was organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", checks out how services can take advantage of the altering patterns of international demand and what function Dubai can play in facilitating the next step in organization relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however internationally too, by functioning as an info and research centre, by supplying company paperwork, using legal services, helping with networking chances via signature organization events and delivering almost every conceivable organization option, it stated.

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

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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 drawing in funds and skill, said company leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel conversation on the very first day of SEF 2026 analyzing "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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Reacting to a concern on regional startups' prospects of gaining from recent investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have so much opting for us in the area: the low cost of energy, a really progressive government that is ahead in policy, guideline and data privacy; and actually strong universities that are progressively taking a look 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 motorist right now is investing in talent, because in the AI race, it's the technical talent that actually wins.

"International development funds are being available in, which reveals clear signs of maturity of the environment The ability of the UAE and regional governments to bring in skill; their innovation-first method, abundance of capital here as well as inflow internationally are the crucial foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the variety of deals with the highest worths, with 250 "largest ticket size" deals taped in 2025 in the nation.