Comparing Traditional Systems and Future Economic Strategies thumbnail

Comparing Traditional Systems and Future Economic Strategies

Published Aug 19, 26
4 min read


Affirming the growth of AI in the area, a report launched 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 staff members in the area utilizing it in their tasks over the previous 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's development in the innovation sector and stated that 84 percent of CEOs in the country are prepared to release AI properly, well above the 76 percent international criteria, supported by the Kingdom's data governance community, consisting of nationwide efforts led by the Saudi Data and Expert System Authority.

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

Leading magnate, policymakers and investors from the GCC and Latin America recently explored how nations from the 2 regions can grow trade in between each other in Dubai, UAE.More than 500 local and global policymakers, presidents, CEOs, magnate, financiers, and market experts participated in the first Global Organization Forum Latin America held at the Atlantis Palm - Dubai.

Methods for Optimising Regional Strategy in 2026

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 area were $5.6 billion, a statement from organisers stated. Both regions count on each other for essential products.

In 2015 Latin America provided almost half the meat imports into the GCC and 36 per cent of the area's overall sugar imports, it added. Brazil is without a doubt the biggest trading partner for countries in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC counts on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for automobiles and Chile for wood products, said a statement.

The online forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how organizations can take advantage of the changing patterns of international demand and what role Dubai can play in helping with the next action in business relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but globally too, by functioning as an info and research study centre, by supplying organization paperwork, using legal services, helping with networking opportunities by means of signature business events and delivering practically every conceivable service option, it mentioned.

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

Driving Regional Corporate Expansion through Strategy

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 government policies bring in funds and talent, stated company leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel discussion on the very first day of SEF 2026 analyzing "What Does the Next Year of Venture Capital Look Like", speakers concurred that the emerging regional investment landscape appears promising.

Advanced Planning for Middle East Leadership
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Responding to a question on local startups' potential customers of benefiting from current investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have a lot choosing us in the area: the low cost of energy, a very progressive federal government that is ahead in policy, regulation and information personal privacy; and truly strong instructional organizations that are progressively taking a look at AI and turning out technical skill 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 actually wins.

"International growth funds are being available in, which reveals clear indications of maturity of the ecosystem The ability of the UAE and local governments to bring in talent; their innovation-first approach, abundance of capital here in addition to inflow globally are the key 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 worths, with 250 "largest ticket size" deals recorded in 2025 in the country.

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