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Affirming the development of AI in the region, a report launched by PwC previously this month said that the usage of AI among the workforce in the Middle East continues to increase, with 75 percent of employees in the area utilizing it in their jobs over the past 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's development in the innovation sector and stated that 84 percent of CEOs in the country are all set to release AI responsibly, well above the 76 percent international benchmark, supported by the Kingdom's information governance ecosystem, including nationwide efforts led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are believing holistically about how to make the region attractive, including having more practical laws to allow for experimentation and development," said the report.

Top company leaders, policymakers and investors from the GCC and Latin America recently checked out how countries from the two areas can grow trade in between each other in Dubai, UAE.More than 500 regional and international policymakers, heads of state, CEOs, organization leaders, financiers, and market specialists attended the first Global Business Online forum Latin America held at the Atlantis Palm - Dubai.

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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 said. Both areas depend on each other for important products.

In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the area's overall sugar imports, it included. Brazil is by far the largest trading partner for countries 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 lorries and Chile for wood items, stated a statement.

The online forum was arranged by the Dubai Chamber of Commerce under the style "Shifting Synergies", checks out how organizations can benefit from the changing patterns of worldwide demand and what role Dubai can play in facilitating the next step in company relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however worldwide too, by serving as a details and research centre, by offering company documents, using legal services, helping with networking chances through signature service events and providing practically every conceivable business option, it specified.

GCC growth will enhance in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain solid but sluggish a little. Non-oil activity will be supported by population growth, new markets, and public investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector growth will accelerate, balancing out in part lower oil prices; fiscal balances will be mixed, with surpluses in UAE and Qatar, however deficits persist somewhere else.

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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 federal government policies bring in funds and talent, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During 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 appealing.

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Reacting to a question on regional startups' prospects of gaining from recent financial investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have so much going for us in the area: the low cost of energy, a very progressive government that is ahead in policy, guideline and information privacy; and truly strong instructional institutions that are progressively looking at AI and ending up technical talent in AI."She included: "Our ultimate objective is to see this region, specifically the GCC, become an AI superpower.

Our biggest motorist right now is investing in talent, since in the AI race, it's the technical skill that truly wins.

"International growth funds are can be found in, which reveals clear indications of maturity of the community The ability of the UAE and regional federal governments to bring in skill; their innovation-first method, abundance of capital here in addition to inflow worldwide are the key building blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the variety of handle the greatest values, with 250 "largest ticket size" deals taped in 2025 in the country.