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Affirming the development of AI in the area, a report launched by PwC previously this month stated that the usage of AI amongst the workforce in the Middle East continues to rise, with 75 percent of workers in the region utilizing it in their tasks over the past 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 release AI responsibly, well above the 76 percent international benchmark, supported by the Kingdom's information governance environment, including national efforts led by the Saudi Data and Expert System Authority.

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

Top organization leaders, policymakers and financiers from the GCC and Latin America recently explored how nations from the two regions can grow trade between each other in Dubai, UAE.More than 500 regional and global policymakers, presidents, CEOs, magnate, financiers, and industry professionals participated in the very first Global Company Forum Latin America held at the Atlantis Palm - Dubai.

Reviewing 2026 Market Data for Future Growth

In 2015 the GCC made up 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 stated. Both areas depend on each other for necessary items.

In 2015 Latin America supplied almost half the meat imports into the GCC and 36 percent of the area's overall sugar imports, it included. Brazil is by far the biggest 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 organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", checks out how organizations can gain from the changing patterns of international need and what role Dubai can play in facilitating the next action in company relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but globally too, by serving as an info and research study centre, by providing service documents, offering legal services, assisting in networking chances via signature company occasions and providing almost every imaginable business solution, it mentioned.

GCC development will enhance in 2026, led by faster expansion in hydrocarbons; non-oil development will stay strong however sluggish a little. Non-oil activity will be supported by population development, brand-new industries, and public financial investment; inflation will remain soft, while monetary policy will loosen up. Hydrocarbons sector development will speed up, balancing out in part lower oil prices; financial balances will be blended, with surpluses in UAE and Qatar, but deficits continue elsewhere.

The Strategic Advantages of Advanced Market Research

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

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Reacting to a concern on regional start-ups' prospects of gaining from recent investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have so much opting for us in the area: the low cost of energy, an extremely progressive federal government that is ahead in policy, regulation and data privacy; and actually strong academic organizations that are increasingly taking a look at AI and turning out technical talent in AI."She included: "Our supreme objective is to see this region, specifically the GCC, become an AI superpower.

Our greatest chauffeur right now is buying talent, since in the AI race, it's the technical talent that actually wins."Focusing on the appearance of the area for financiers, Christos Mastoras, Founder and Managing Partner of Iliad Partners, said: "I think we are really lucky to onboard the 3 largest banks of Greece as LPs [Limited Partners] for investment in the area.

"International development funds are coming 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 approach, abundance of capital here along with inflow globally are the essential foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of deals with the highest worths, with 250 "biggest ticket size" deals tape-recorded in 2025 in the country.