Comparing Traditional Systems and Future Business Frameworks thumbnail

Comparing Traditional Systems and Future Business Frameworks

Published Aug 21, 26
4 min read


Affirming the growth of AI in the region, a report launched by PwC previously this month stated that the usage 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 past 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's progress in the technology sector and stated that 84 percent of CEOs in the nation are prepared to release AI responsibly, well above the 76 percent international standard, supported by the Kingdom's information governance ecosystem, consisting of nationwide efforts led by the Saudi Data and Artificial Intelligence Authority.

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

Can Dubai Sustain Industrial Growth through 2026?

Leading magnate, policymakers and investors from the GCC and Latin America just recently checked out how countries from the two areas can grow trade in between each other in Dubai, UAE.More than 500 local and international policymakers, heads of state, CEOs, service leaders, investors, and market professionals went to the first Global Service Forum Latin America held at the Atlantis Palm - Dubai.

Comparing Legacy Systems and Future Economic Strategies

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 region were $5.6 billion, a declaration from organisers said. Both areas rely on each other for important products.

In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the region's total sugar imports, it included. Brazil is by far the biggest trading partner for countries in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (generally poultry), Argentina for cereals, Mexico for cars and Chile for wood products, stated a declaration.

The online forum was organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", checks out how companies can take advantage of the changing patterns of international need and what role Dubai can play in assisting in the next step in service relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but globally too, by serving as an info and research study centre, by providing business paperwork, using legal services, facilitating networking opportunities via signature company occasions and providing nearly every possible organization solution, it specified.

GCC development will reinforce in 2026, led by faster growth in hydrocarbons; non-oil development will stay solid but sluggish slightly. Non-oil activity will be supported by population development, new markets, and public financial investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector growth will speed up, balancing out in part lower oil rates; fiscal balances will be blended, with surpluses in UAE and Qatar, but deficits persist in other places.

The Strategic Benefits of Advanced Strategy Intelligence

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 bring in funds and talent, stated business leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Look Like", speakers agreed that the emerging local investment landscape appears promising.

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Reacting to a question on regional startups' prospects of gaining from current financial investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC said: "We have so much going for us in the area: the low cost of energy, a very progressive government that is ahead in policy, guideline and data personal privacy; and truly strong universities that are significantly taking a look at AI and turning out technical skill in AI."She included: "Our ultimate goal is to see this region, specifically the GCC, become an AI superpower.

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

"International growth funds are can be found in, which shows clear signs of maturity of the ecosystem The ability of the UAE and local governments to draw in skill; their innovation-first method, abundance of capital here as well as inflow worldwide are the key structure blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of handle the highest worths, with 250 "biggest ticket size" offers tape-recorded in 2025 in the nation.

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