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Verifying the growth of AI in the area, a report released by PwC earlier this month said that the usage of AI among the labor force in the Middle East continues to rise, with 75 percent of workers in the area using it in their jobs over the previous 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's progress in the innovation sector and said that 84 percent of CEOs in the nation are prepared to release AI properly, well above the 76 percent global criteria, supported by the Kingdom's information governance environment, consisting of national efforts led by the Saudi Data and Expert System Authority.

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

Leading magnate, policymakers and investors from the GCC and Latin America just recently explored how countries from the two areas can grow trade in between each other in Dubai, UAE.More than 500 regional and global policymakers, presidents, CEOs, magnate, financiers, and market specialists participated in the first Global Organization 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 products from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers stated. Both areas depend on each other for vital items.

In 2015 Latin America provided almost half the meat imports into the GCC and 36 per cent of the region's total sugar imports, it included. Brazil is by far the biggest trading partner for nations in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC counts on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for cars and Chile for wood products, said a declaration.

The online forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how organizations can take advantage of the altering patterns of worldwide demand and what function Dubai can play in facilitating the next step in company relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however globally too, by serving as an info and research centre, by providing organization documents, offering legal services, helping with networking opportunities by means of signature business occasions and providing practically every imaginable service option, it specified.

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

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SHARJAH (WAM) The GCC and wider Middle East region is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies bring in funds and talent, stated magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel conversation on the very first day of SEF 2026 examining "What Does the Next Year of Equity Capital Appear Like", speakers agreed that the emerging local investment landscape appears promising.

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Reacting to a question on local startups' potential customers of taking advantage of current financial investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have a lot going for us in the region: the low expense of energy, a very progressive federal government that is ahead in policy, regulation and data privacy; and actually strong universities that are increasingly taking a look at AI and ending up technical talent in AI."She added: "Our supreme goal is to see this region, specifically the GCC, end up being an AI superpower.

Our greatest motorist right now is buying talent, due to the fact that in the AI race, it's the technical skill that truly wins."Concentrating on the beauty of the region for investors, Christos Mastoras, Creator and Handling Partner of Iliad Partners, stated: "I think we are extremely lucky to onboard the three largest banks of Greece as LPs [Limited Partners] for financial investment in the region.

"International development funds are can be found in, which shows clear indications of maturity of the community The capability of the UAE and regional governments to attract skill; their innovation-first approach, abundance of capital here as well as inflow globally are the key structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the number of handle the highest values, with 250 "largest ticket size" deals recorded in 2025 in the nation.