Evaluating Legacy Models and 2026 Business Strategies thumbnail

Evaluating Legacy Models and 2026 Business Strategies

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

In November, a report released by KPMG highlighted Saudi Arabia's development 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 international standard, supported by the Kingdom's data governance community, including nationwide initiatives led by the Saudi Data and Expert System Authority.

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

Strategic Strategy for Middle East Success

Top business leaders, policymakers and investors from the GCC and Latin America just recently checked out how nations from the 2 regions can grow trade between each other in Dubai, UAE.More than 500 regional and international policymakers, presidents, CEOs, company leaders, financiers, and industry specialists went to the very first Global Business Forum Latin America held at the Atlantis Palm - Dubai.

Analysing 2026 GCC Data for Strategic Insights

In 2015 the GCC comprised of the UAE, Bahrain, Kuwait, Oman, Qatar and Saudi Arabia, imported $11 billion worth of items from Latin America. And exports to Latin America from the area were $5.6 billion, a declaration from organisers stated. Both areas count on each other for necessary products.

In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the region's total sugar imports, it included. Brazil is by far the largest trading partner for countries in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC depends on Brazil for meat (generally poultry), Argentina for cereals, Mexico for lorries and Chile for wood items, stated a declaration.

The online forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how companies can gain from the altering patterns of worldwide demand and what function Dubai can play in helping with the next step in service relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however worldwide too, by serving as an info and research centre, by offering organization paperwork, using legal services, assisting in networking chances through signature business occasions and delivering practically every imaginable company service, it stated.

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

Predicting the 2026 GCC Corporate Environment

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 skill, stated service leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel discussion on the first day of SEF 2026 analyzing "What Does the Next Year of Venture Capital Appear Like", speakers agreed that the emerging local investment landscape appears promising.

Strategic Strategy for Middle East Success
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Reacting to a question on regional start-ups' prospects of taking advantage of current investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have a lot going for us in the region: the low cost of energy, an extremely progressive government that is ahead in policy, policy and data personal privacy; and really strong academic institutions that are progressively taking a look at AI and ending up technical talent in AI."She added: "Our supreme objective is to see this region, specifically the GCC, end up being an AI superpower.

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

"International development funds are can be found in, which reveals clear indications of maturity of the ecosystem The ability of the UAE and regional federal governments to attract skill; their innovation-first method, abundance of capital here along with inflow globally are the crucial structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the number of handle the greatest worths, with 250 "largest ticket size" offers taped in 2025 in the nation.