Driving Dubai Corporate Growth through Strategy

Affirming the development of AI in the area, a report released by PwC previously this month stated that the usage of AI amongst the workforce in the Middle East continues to increase, with 75 percent of workers in the area using it in their tasks over the past 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's progress in the innovation sector and stated that 84 percent of CEOs in the nation are all set to release AI responsibly, well above the 76 percent international criteria, supported by the Kingdom's information governance ecosystem, consisting of national efforts 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 enable experimentation and development," stated the report.

Top business leaders, policymakers and investors from the GCC and Latin America recently checked out how countries from the two areas can grow trade in between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, presidents, CEOs, magnate, investors, and market specialists went to the very first Global Service Online forum Latin America held at the Atlantis Palm - Dubai.

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In 2015 the GCC comprised 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 declaration from organisers said. Both areas depend on each other for essential 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 included. Brazil is without a doubt the biggest trading partner for countries in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC relies on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, said a declaration.

The online forum was arranged by the Dubai Chamber of Commerce under the style "Shifting Synergies", explores how businesses can take advantage of the changing patterns of international demand and what role Dubai can play in assisting in the next action in service relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however worldwide too, by acting as an information and research study centre, by supplying service paperwork, offering legal services, facilitating networking opportunities via signature business events and providing nearly every possible organization solution, it stated.

GCC growth will enhance in 2026, led by faster growth in hydrocarbons; non-oil growth will stay strong but slow somewhat. Non-oil activity will be supported by population development, new industries, and public financial investment; inflation will remain soft, while monetary policy will loosen up. Hydrocarbons sector development will speed up, offsetting in part lower oil rates; fiscal balances will be mixed, with surpluses in UAE and Qatar, however deficits continue elsewhere.

Predicting the Next GCC Corporate Environment

SHARJAH (WAM) The GCC and broader Middle East region is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies attracting funds and skill, said magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the first day of SEF 2026 examining "What Does the Next Year of Equity Capital Look Like", speakers concurred that the emerging local financial investment landscape appears promising.

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Reacting to a concern on regional startups' prospects of benefiting from recent investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC stated: "We have a lot choosing us in the area: the low cost of energy, a really progressive government that is ahead in policy, guideline and information privacy; and truly strong universities that are significantly looking at AI and ending up technical talent in AI."She added: "Our supreme goal is to see this area, particularly the GCC, become an AI superpower.

Our biggest driver right now is investing in talent, due to the fact that in the AI race, it's the technical talent that actually wins.

"International development funds are can be found in, which shows clear signs of maturity of the environment The ability of the UAE and local federal governments to bring in skill; their innovation-first technique, abundance of capital here along with inflow worldwide are the crucial structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the number of handle the highest values, with 250 "biggest ticket size" offers taped in 2025 in the nation.