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Affirming the development of AI in the region, a report launched by PwC previously this month stated that the usage of AI among the labor force in the Middle East continues to increase, with 75 percent of staff members in the region utilizing it in their tasks over the past 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's development 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 criteria, supported by the Kingdom's data governance community, including national efforts led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are thinking holistically about how to make the region appealing, including having more practical laws to permit experimentation and development," stated the report.
How to Implement Future Strategies for 2026Leading company leaders, policymakers and financiers from the GCC and Latin America just recently checked out how nations from the 2 areas can grow trade in between each other in Dubai, UAE.More than 500 local and worldwide policymakers, heads of state, CEOs, service leaders, financiers, and market experts went to the first Global Organization Forum Latin America held at the Atlantis Palm - Dubai.
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 area were $5.6 billion, a declaration from organisers stated. Both areas count on each other for important items.
In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the area'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 depends on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, said a statement.
The forum was organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", explores how companies can gain from the altering patterns of international need and what function Dubai can play in facilitating the next action in service relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however internationally too, by acting as an information and research centre, by supplying service documents, using legal services, facilitating networking chances through signature organization events and delivering practically every possible organization service, it specified.
GCC growth will strengthen in 2026, led by faster growth in hydrocarbons; non-oil development will remain strong however sluggish slightly. Non-oil activity will be supported by population development, new markets, and public investment; inflation will stay soft, while financial policy will loosen up. Hydrocarbons sector growth will accelerate, offsetting in part lower oil prices; financial balances will be combined, with surpluses in UAE and Qatar, however deficits continue elsewhere.
SHARJAH (WAM) The GCC and larger 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 bring in funds and skill, stated magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel discussion on the first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Look Like", speakers agreed that the emerging local investment landscape appears appealing.
Corporate Strategy for the Evolving GCC LandscapeReacting to a question on local start-ups' potential customers of benefiting from recent investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have so much opting for us in the area: the low expense of energy, an extremely progressive federal government that is ahead in policy, regulation and information privacy; and truly strong universities that are progressively taking a look at AI and turning out technical talent in AI."She included: "Our ultimate objective is to see this region, specifically the GCC, end up being an AI superpower.
Our biggest driver right now is investing in skill, since in the AI race, it's the technical talent that truly wins.
"International development funds are can be found in, which shows clear indications of maturity of the environment The ability of the UAE and regional governments to bring in skill; their innovation-first approach, abundance of capital here in addition to inflow worldwide are the key foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of handle the highest worths, with 250 "biggest ticket size" deals recorded in 2025 in the country.
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