How to Secure a Competitive Edge in Dubai

Affirming the development of AI in the region, a report launched by PwC previously this month stated that the usage of AI among the labor force in the Middle East continues to increase, with 75 percent of employees in the area using 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 ready to release AI properly, well above the 76 percent global standard, supported by the Kingdom's information governance ecosystem, consisting of national initiatives led by the Saudi Data and Expert System Authority.

Policymakers are believing holistically about how to make the region attractive, including having more practical laws to permit for experimentation and growth," said the report.

Leading service leaders, policymakers and financiers from the GCC and Latin America recently explored how nations from the two regions can grow trade in between each other in Dubai, UAE.More than 500 local and global policymakers, heads of state, CEOs, service leaders, investors, and industry specialists went to the first Global Business Forum Latin America held at the Atlantis Palm - Dubai.

Evaluating Traditional Systems and 2026 Economic Strategies

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 products.

In 2015 Latin America provided almost half the meat imports into the GCC and 36 per cent of the region's total sugar imports, it added. Brazil is without a doubt the largest trading partner for nations in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC counts on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for vehicles and Chile for wood items, stated a statement.

The online forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how organizations can benefit from the changing patterns of global need and what function Dubai can play in facilitating the next step in service relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however internationally too, by acting as an info and research study centre, by offering organization documents, providing legal services, assisting in networking opportunities via signature service events and delivering nearly every imaginable business option, it stated.

GCC growth will enhance in 2026, led by faster growth in hydrocarbons; non-oil development will remain solid however slow somewhat. Non-oil activity will be supported by population growth, new industries, and public financial investment; inflation will stay soft, while financial policy will loosen up. Hydrocarbons sector growth will accelerate, balancing out in part lower oil costs; financial balances will be mixed, with surpluses in UAE and Qatar, however deficits persist elsewhere.

How to Secure a Competitive Edge in 2026

SHARJAH (WAM) The GCC and broader Middle East area is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies attracting funds and talent, said service leaders at the 9th edition of Sharjah Entrepreneurial Celebration (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 promising.

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Reacting to a concern on local startups' potential customers of taking advantage of current investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have so much going for us in the region: the low expense of energy, an extremely progressive government that is ahead in policy, policy and information privacy; and really strong universities that are increasingly looking at AI and turning out technical skill in AI."She included: "Our supreme goal is to see this area, specifically the GCC, end up being an AI superpower.

Our most significant chauffeur today is investing in skill, because in the AI race, it's the technical talent that actually wins."Concentrating on the appearance of the region for financiers, Christos Mastoras, Creator and Handling Partner of Iliad Partners, said: "I think we are very fortunate to onboard the 3 largest banks of Greece as LPs [Limited Partners] for investment in the area.

"International growth funds are being available in, which shows clear indications of maturity of the community The ability of the UAE and local governments to draw in talent; their innovation-first method, abundance of capital here in addition to inflow worldwide are the essential foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the variety of handle the highest worths, with 250 "biggest ticket size" deals recorded in 2025 in the nation.