Comparing Traditional Models and Future Business Frameworks thumbnail

Comparing Traditional Models and Future Business Frameworks

Published Aug 18, 26
4 min read


Verifying the growth of AI in the area, a report launched by PwC earlier this month stated that the use of AI amongst the labor force in the Middle East continues to increase, with 75 percent of employees in the area using it in their jobs over the previous 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 country are ready to release AI properly, well above the 76 percent worldwide criteria, supported by the Kingdom's data governance ecosystem, including nationwide initiatives led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are thinking holistically about how to make the region appealing, consisting of having more practical laws to permit experimentation and development," said the report.

Leading business leaders, policymakers and investors from the GCC and Latin America just recently checked out how countries from the two regions can grow trade between each other in Dubai, UAE.More than 500 local and worldwide policymakers, heads of state, CEOs, magnate, investors, and industry professionals participated in the first Global Company Online forum Latin America held at the Atlantis Palm - Dubai.

Essential Tips for Operational Excellence in Dubai

In 2015 the GCC comprised 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 statement from organisers said. Both regions count on each other for essential items.

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

The forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how services can benefit from the changing patterns of worldwide need 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 however globally too, by serving as an info and research study centre, by supplying company documents, using legal services, helping with networking opportunities by means of signature organization events and delivering almost every conceivable service solution, it specified.

GCC development will enhance in 2026, led by faster growth in hydrocarbons; non-oil growth will remain strong however sluggish somewhat. Non-oil activity will be supported by population growth, brand-new markets, and public financial investment; inflation will stay soft, while financial policy will loosen. Hydrocarbons sector development will accelerate, offsetting in part lower oil costs; financial balances will be combined, with surpluses in UAE and Qatar, however deficits persist in other places.

Analysing 2026 GCC Data for Strategic Growth

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

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Reacting to a question on regional start-ups' prospects of benefiting from current financial investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have so much choosing us in the area: the low expense of energy, a very progressive federal government that is ahead in policy, regulation and information privacy; and really strong instructional institutions that are progressively taking a look at AI and turning out technical skill in AI."She included: "Our ultimate objective is to see this area, specifically the GCC, end up being an AI superpower.

Our biggest driver right now is buying skill, because in the AI race, it's the technical skill that truly wins."Focusing on the attractiveness of the region for investors, Christos Mastoras, Creator and Managing Partner of Iliad Partners, said: "I think we are really lucky to onboard the three largest banks of Greece as LPs [Limited Partners] for investment in the area.

"International development funds are coming in, which reveals clear indications of maturity of the ecosystem The capability of the UAE and local federal governments to attract talent; their innovation-first method, abundance of capital here in addition to inflow globally are the key 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 "biggest ticket size" offers recorded in 2025 in the nation.

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