How to Maintain a Competitive Advantage in Dubai

Affirming the development of AI in the area, a report launched by PwC previously this month stated that the usage of AI among the labor force in the Middle East continues to rise, with 75 percent of employees in the region using it in their tasks over the past 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 nation are prepared to deploy AI responsibly, well above the 76 percent international criteria, supported by the Kingdom's information governance ecosystem, including nationwide efforts led by the Saudi Data and Artificial Intelligence Authority.

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

Leading magnate, policymakers and financiers from the GCC and Latin America just recently explored how nations from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 local and worldwide policymakers, heads of state, CEOs, business leaders, financiers, and market experts went to the very first Global Service Forum Latin America held at the Atlantis Palm - Dubai.

Industrial Excellence: a Strategic Driver for 2026 Growth

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 area were $5.6 billion, a declaration from organisers stated. Both regions depend on each other for vital items.

In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 percent of the region's overall sugar imports, it added. Brazil is by far 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 vehicles and Chile for wood items, said a statement.

The online forum was organised by the Dubai Chamber of Commerce under the style "Moving Synergies", explores how organizations can benefit from the altering patterns of worldwide need and what role Dubai can play in assisting in the next step in service relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but worldwide too, by functioning as an info and research centre, by offering service documents, providing legal services, helping with networking chances by means of signature organization occasions and providing practically every imaginable organization service, it specified.

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

Driving Dubai Industrial Expansion through Innovation

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 drawing in funds and skill, stated magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel conversation on the first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Appear Like", speakers agreed that the emerging local financial investment landscape appears appealing.

ANSR July GCC PRs 50DR+

Reacting to a question on local start-ups' prospects of taking advantage of recent investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have so much choosing us in the region: the low cost of energy, a really progressive federal government that is ahead in policy, regulation and information personal privacy; and really strong universities that are progressively taking a look at AI and ending up technical talent in AI."She included: "Our supreme goal is to see this area, particularly the GCC, end up being an AI superpower.

Our biggest motorist right now is investing in talent, since in the AI race, it's the technical talent that actually wins.

"International development funds are coming in, which reveals clear signs of maturity of the community The capability of the UAE and regional governments to draw in talent; their innovation-first approach, abundance of capital here in addition to inflow worldwide are the crucial foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of offers with the highest values, with 250 "largest ticket size" offers recorded in 2025 in the country.