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Affirming the development of AI in the area, a report released by PwC previously this month stated that the usage of AI among the labor force in the Middle East continues to rise, with 75 percent of employees in the region utilizing it in their jobs over the previous 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's progress in the innovation sector and said that 84 percent of CEOs in the nation are ready to deploy AI responsibly, well above the 76 percent international benchmark, supported by the Kingdom's information governance ecosystem, consisting of nationwide initiatives led by the Saudi Data and Expert System Authority.
Policymakers are thinking holistically about how to make the area appealing, consisting of having more practical laws to permit for experimentation and growth," said the report.
Forward-Thinking Operational Models for 2026 MarketsTop magnate, policymakers and financiers from the GCC and Latin America just recently explored how countries from the two areas can grow trade between each other in Dubai, UAE.More than 500 regional and international policymakers, heads of state, CEOs, business leaders, financiers, and market specialists went to the first Global Company Forum Latin America held at the Atlantis Palm - Dubai.
In 2015 the GCC comprised of the UAE, Bahrain, Kuwait, Oman, Qatar and Saudi Arabia, imported $11 billion worth of items 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 essential products.
In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 percent of the region's overall sugar imports, it added. Brazil is without a doubt the biggest trading partner for countries 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 lorries and Chile for wood items, stated a statement.
The online forum was organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", checks out how businesses can benefit from the changing patterns of worldwide demand and what role Dubai can play in assisting in the next step in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but internationally too, by functioning as a details and research centre, by offering organization documents, offering legal services, assisting in networking chances via signature business events and providing nearly every possible service option, it specified.
GCC development will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain strong but slow somewhat. Non-oil activity will be supported by population development, brand-new markets, and public investment; inflation will remain soft, while financial policy will loosen. Hydrocarbons sector development will speed up, balancing out in part lower oil costs; financial balances will be mixed, with surpluses in UAE and Qatar, but deficits continue in other places.
SHARJAH (WAM) The GCC and wider Middle East region is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies attracting funds and skill, said magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel discussion on the very first day of SEF 2026 taking a look at "What Does the Next Year of Endeavor Capital Appear Like", speakers agreed that the emerging local investment landscape appears promising.
Reacting to a question on local start-ups' potential customers of gaining from current investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have so much choosing us in the region: the low expense of energy, a very progressive federal government that is ahead in policy, policy and information personal privacy; and really strong universities that are progressively taking a look at AI and ending up technical skill in AI."She added: "Our supreme goal is to see this region, particularly the GCC, end up being an AI superpower.
Our biggest motorist right now is purchasing talent, due to the fact that in the AI race, it's the technical skill that really wins."Focusing on the appearance of the area for financiers, Christos Mastoras, Founder and Managing Partner of Iliad Partners, stated: "I believe we are very fortunate to onboard the three largest banks of Greece as LPs [Limited Partners] for financial investment in the area.
"International development funds are being available in, which reveals clear signs of maturity of the ecosystem The capability of the UAE and regional federal governments to attract talent; their innovation-first approach, abundance of capital here in addition to inflow worldwide are the key building blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the number of offers with the greatest worths, with 250 "biggest ticket size" deals tape-recorded in 2025 in the country.
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