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Verifying the growth of AI in the region, a report released by PwC earlier this month said that the use of AI among the workforce in the Middle East continues to rise, with 75 percent of workers in the region using it in their jobs over the past 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 nation are all set to deploy AI responsibly, well above the 76 percent worldwide benchmark, supported by the Kingdom's information governance community, consisting of national initiatives led by the Saudi Data and Expert System Authority.

Policymakers are believing holistically about how to make the area attractive, consisting of having more practical laws to allow for experimentation and growth," stated 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 international policymakers, heads of state, CEOs, company leaders, financiers, and market professionals went to the very first Global Business Online forum Latin America held at the Atlantis Palm - Dubai.

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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 areas rely on each other for important products.

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

The forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how services can take advantage of the changing patterns of global demand and what role Dubai can play in facilitating the next action in company relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but worldwide too, by acting as an info and research centre, by providing business documentation, providing legal services, assisting in networking opportunities via signature organization events and delivering practically every possible company solution, it stated.

GCC development will enhance in 2026, led by faster growth in hydrocarbons; non-oil development will stay strong however slow slightly. Non-oil activity will be supported by population growth, new industries, and public investment; inflation will remain soft, while monetary policy will loosen. Hydrocarbons sector growth will accelerate, offsetting in part lower oil costs; financial balances will be mixed, with surpluses in UAE and Qatar, but deficits continue somewhere else.

Predicting the Next Middle East Business Environment

SHARJAH (WAM) The GCC and larger 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 drawing in funds and talent, said organization leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel conversation on the very first day of SEF 2026 taking a look at "What Does the Next Year of Venture Capital Appear Like", speakers agreed that the emerging regional investment landscape appears promising.

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Responding to a question on regional startups' prospects of gaining from recent financial investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have a lot going for us in the region: the low cost of energy, a really progressive government that is ahead in policy, regulation and data personal privacy; and actually strong academic organizations that are increasingly looking at AI and turning out technical skill in AI."She added: "Our supreme goal is to see this area, specifically the GCC, end up being an AI superpower.

Our most significant driver right now is investing in talent, because in the AI race, it's the technical skill that actually wins.

"International development funds are being available in, which reveals clear signs of maturity of the environment The capability of the UAE and local governments to draw in skill; their innovation-first approach, abundance of capital here as well as inflow worldwide are the essential foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the variety of handle the greatest values, with 250 "largest ticket size" offers recorded in 2025 in the nation.