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Verifying the growth of AI in the region, a report released by PwC earlier this month stated that the usage of AI among the workforce in the Middle East continues to increase, with 75 percent of staff members in the region utilizing it in their tasks over the previous 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 country are prepared to deploy AI responsibly, well above the 76 percent international benchmark, supported by the Kingdom's data governance community, including national efforts 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 enable experimentation and development," stated the report.

Leading magnate, policymakers and investors from the GCC and Latin America recently explored how countries from the 2 regions can grow trade between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, heads of state, CEOs, magnate, financiers, and industry professionals participated in the very first Global Organization Forum Latin America held at the Atlantis Palm - Dubai.

Emerging Future Trends Defining the 2026 GCC Market

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 declaration from organisers said. Both areas count on each other for important items.

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

The online forum was organised by the Dubai Chamber of Commerce under the style "Moving Synergies", explores how services can take advantage of the altering patterns of worldwide demand and what function Dubai can play in assisting in the next action in organization relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but globally too, by serving as an information and research centre, by providing company paperwork, providing legal services, helping with networking opportunities via signature company events and providing almost every conceivable business solution, it specified.

GCC growth will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil development will stay strong however slow somewhat. Non-oil activity will be supported by population development, brand-new industries, 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 rates; financial balances will be mixed, with surpluses in UAE and Qatar, however deficits continue in other places.

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SHARJAH (WAM) The GCC and wider Middle East area is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies bring in funds and talent, said service leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel discussion on the first day of SEF 2026 examining "What Does the Next Year of Equity Capital Appear Like", speakers concurred that the emerging local investment landscape appears appealing.

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Reacting to a question on local start-ups' potential customers of benefiting from current investments in digital facilities, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have a lot opting for us in the area: the low cost of energy, a really progressive government that is ahead in policy, regulation and information privacy; and truly strong educational institutions that are progressively taking a look at AI and turning out technical skill in AI."She added: "Our supreme objective is to see this area, 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 talent that really wins.

"International development funds are being available in, which shows clear indications of maturity of the community The capability of the UAE and regional federal governments to bring in talent; their innovation-first technique, abundance of capital here along with inflow globally are the crucial building blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of handle the greatest worths, with 250 "biggest ticket size" deals taped in 2025 in the nation.