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Affirming the development of AI in the area, a report launched by PwC previously this month said that the usage of AI amongst the labor force in the Middle East continues to increase, with 75 percent of workers in the region utilizing it in their tasks over the previous 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's development in the technology sector and said that 84 percent of CEOs in the country are ready to release AI properly, well above the 76 percent worldwide benchmark, supported by the Kingdom's information governance ecosystem, consisting of national initiatives led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are believing holistically about how to make the area appealing, including having more practical laws to permit experimentation and growth," stated the report.

Leading service leaders, policymakers and financiers from the GCC and Latin America recently explored how countries from the two areas can grow trade between each other in Dubai, UAE.More than 500 regional and international policymakers, presidents, CEOs, magnate, financiers, and market experts went to the very first Global Business Forum Latin America held at the Atlantis Palm - Dubai.

Evaluating Traditional Systems and Future Business Strategies

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 area were $5.6 billion, a declaration from organisers said. Both regions rely on each other for important items.

In 2015 Latin America provided nearly half the meat imports into the GCC and 36 per cent of the region's overall sugar imports, it added. Brazil is without a doubt 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 cars and Chile for wood products, stated a statement.

The forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how businesses can take advantage of the altering patterns of global need and what function Dubai can play in facilitating the next action in service relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but globally too, by functioning as an information and research centre, by providing service documentation, offering legal services, facilitating networking chances via signature organization occasions and providing almost every possible company option, it mentioned.

GCC growth will enhance in 2026, led by faster growth in hydrocarbons; non-oil growth will remain solid but slow somewhat. Non-oil activity will be supported by population growth, new markets, and public financial investment; inflation will stay soft, while monetary policy will loosen up. Hydrocarbons sector development will speed up, balancing out in part lower oil rates; fiscal balances will be blended, with surpluses in UAE and Qatar, but deficits continue elsewhere.

Will Strategic Analytics Drive Dubai Industrial Success?

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 company leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel conversation on the first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Appear Like", speakers concurred that the emerging regional financial investment landscape appears promising.

ANSR July GCC PRs 50DR+

Responding to a concern on local startups' potential customers of benefiting from current investments in digital facilities, Tala Al Jabri, Founder and Handling Partner of Wyld VC said: "We have a lot choosing us in the region: the low cost of energy, an extremely progressive government that is ahead in policy, regulation and data personal privacy; and really strong instructional organizations that are progressively taking a look at AI and turning out technical talent in AI."She added: "Our ultimate objective is to see this area, specifically the GCC, end up being an AI superpower.

Our greatest motorist right now is investing in talent, because in the AI race, it's the technical talent that actually wins.

"International development funds are being available in, which shows clear signs of maturity of the ecosystem The ability of the UAE and local federal governments to attract skill; their innovation-first approach, abundance of capital here along with inflow internationally 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 values, with 250 "biggest ticket size" offers recorded in 2025 in the nation.