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How to Secure a Competitive Edge in Dubai

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Affirming the growth of AI in the area, a report released by PwC previously this month stated that the use of AI among the labor force in the Middle East continues to increase, with 75 percent of staff members in the area utilizing it in their jobs over the past 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's progress in the technology sector and stated that 84 percent of CEOs in the nation are ready to release AI responsibly, well above the 76 percent global standard, supported by the Kingdom's information governance community, including national efforts led by the Saudi Data and Artificial Intelligence Authority.

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

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Top magnate, policymakers and financiers from the GCC and Latin America just recently explored how nations from the 2 areas can grow trade in between each other in Dubai, UAE.More than 500 local and worldwide policymakers, presidents, CEOs, business leaders, financiers, and market professionals participated in the first Global Service Online forum Latin America held at the Atlantis Palm - Dubai.

How to Secure a Competitive Advantage in 2026

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 region were $5.6 billion, a statement from organisers stated. Both areas count on each other for important products.

In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 per cent of the region's total sugar imports, it added. Brazil is by far the largest trading partner for countries in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for automobiles and Chile for wood items, stated a declaration.

The online forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how services can benefit from the changing patterns of global need and what function Dubai can play in helping with 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 functioning as an information and research centre, by providing service documents, using legal services, facilitating networking opportunities via signature service events and delivering practically every conceivable organization option, it stated.

GCC growth will enhance in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain solid but sluggish somewhat. Non-oil activity will be supported by population growth, new markets, and public financial investment; inflation will stay soft, while monetary policy will loosen up. Hydrocarbons sector development will speed up, offsetting in part lower oil costs; fiscal balances will be blended, with surpluses in UAE and Qatar, but deficits persist somewhere else.

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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 federal government policies bring in funds and skill, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel discussion on the very first day of SEF 2026 examining "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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Responding to a question on local startups' potential customers of gaining from current investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have so much choosing us in the region: the low cost of energy, a very progressive federal government that is ahead in policy, regulation and data privacy; and really strong academic organizations that are increasingly taking a look at AI and ending up technical talent in AI."She included: "Our ultimate goal is to see this region, specifically the GCC, end up being an AI superpower.

Our biggest motorist right now is investing in talent, since in the AI race, it's the technical talent that truly wins.

"International development funds are can be found in, which shows clear signs of maturity of the community The capability of the UAE and local federal governments to attract talent; their innovation-first technique, abundance of capital here along with inflow globally are the essential foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the number of deals with the highest worths, with 250 "largest ticket size" deals taped in 2025 in the nation.

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