Evaluating Legacy Systems and Future Business Strategies

Affirming the development of AI in the area, a report released by PwC previously this month said that the use of AI amongst the labor force in the Middle East continues to increase, with 75 percent of employees in the region utilizing it in their tasks over the previous 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's development in the technology sector and stated that 84 percent of CEOs in the nation are all set to release AI responsibly, well above the 76 percent international benchmark, supported by the Kingdom's information governance ecosystem, including national efforts led by the Saudi Data and Expert System Authority.

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

Leading company leaders, policymakers and investors from the GCC and Latin America recently checked out how nations from the two areas can grow trade between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, heads of state, CEOs, service leaders, investors, and market professionals participated in the very first Global Organization Forum Latin America held at the Atlantis Palm - Dubai.

Operational Excellence: a Key Driver for 2026 Success

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 said. Both areas rely on each other for vital products.

In 2015 Latin America provided nearly half the meat imports into the GCC and 36 per cent of the area's total sugar imports, it added. Brazil is without a doubt the biggest trading partner for nations in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC relies on Brazil for meat (generally poultry), Argentina for cereals, Mexico for automobiles and Chile for wood products, stated a declaration.

The forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how companies can take advantage of the altering patterns of worldwide demand and what function Dubai can play in assisting in the next step in organization relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but internationally too, by serving as an information and research centre, by providing company documents, offering legal services, assisting in networking opportunities via signature business events and providing almost every conceivable organization service, it specified.

GCC growth will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil development will stay solid however sluggish a little. Non-oil activity will be supported by population growth, new markets, and public investment; inflation will remain soft, while monetary policy will loosen. Hydrocarbons sector development will speed up, offsetting in part lower oil prices; fiscal balances will be blended, with surpluses in UAE and Qatar, but deficits continue somewhere else.

How to Secure a Competitive Edge in 2026

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 drawing in funds and skill, 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 regional investment landscape appears promising.

ANSR July GCC PRs 50DR+

Responding to a concern on regional start-ups' potential customers of gaining from current investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC stated: "We have a lot opting for us in the region: the low expense of energy, an extremely progressive federal government that is ahead in policy, regulation and information personal privacy; and truly strong academic institutions that are progressively taking a look at AI and turning out technical talent in AI."She added: "Our supreme objective is to see this region, specifically the GCC, become an AI superpower.

Our greatest driver right now is investing in talent, because in the AI race, it's the technical talent that really wins.

"International development funds are can be found in, which shows clear signs of maturity of the community The ability of the UAE and regional federal governments to attract talent; their innovation-first approach, abundance of capital here in addition to inflow worldwide are the crucial foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the variety of offers with the greatest values, with 250 "largest ticket size" deals recorded in 2025 in the nation.