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Affirming the growth of AI in the region, a report launched by PwC previously this month stated that the use of AI among the labor force in the Middle East continues to rise, with 75 percent of staff members in the region using it in their tasks over the past 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's development in the technology sector and stated that 84 percent of CEOs in the nation are all set to deploy AI responsibly, well above the 76 percent international criteria, supported by the Kingdom's information governance ecosystem, including nationwide efforts led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are thinking holistically about how to make the region attractive, including having more practical laws to allow for experimentation and growth," said the report.
The Definitive Guide to Saudi Arabia's Special Economic ZonesLeading business leaders, policymakers and financiers from the GCC and Latin America recently checked out how nations from the 2 regions can grow trade between each other in Dubai, UAE.More than 500 local and international policymakers, presidents, CEOs, magnate, investors, and industry experts participated in the first Global Company Online 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 products from Latin America. And exports to Latin America from the region were $5.6 billion, a statement from organisers said. Both regions depend on each other for necessary items.
In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 percent of the region's total sugar imports, it added. Brazil is without a doubt the largest trading partner for nations in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC relies on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for automobiles and Chile for wood products, stated a declaration.
The online forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how organizations can gain from the changing patterns of global need and what function Dubai can play in facilitating the next step in organization relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however globally too, by serving as an info and research centre, by providing company documents, using legal services, assisting in networking opportunities through signature service occasions and delivering practically every imaginable organization option, it specified.
GCC growth will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil growth will stay strong but slow slightly. Non-oil activity will be supported by population development, new markets, and public financial investment; inflation will stay soft, while monetary policy will loosen up. Hydrocarbons sector development will accelerate, offsetting in part lower oil rates; financial balances will be mixed, with surpluses in UAE and Qatar, but deficits persist elsewhere.
SHARJAH (WAM) The GCC and larger Middle East area is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies drawing in funds and skill, stated magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the very first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Appear Like", speakers concurred that the emerging regional investment landscape appears promising.
Reacting to a question on regional start-ups' potential customers of taking advantage of recent financial investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC said: "We have a lot opting for us in the area: the low cost of energy, a really progressive government that is ahead in policy, policy and data personal privacy; and really strong universities that are progressively taking a look at AI and ending up technical skill in AI."She added: "Our ultimate objective is to see this area, specifically the GCC, become an AI superpower.
Our most significant chauffeur right now is investing in talent, due to the fact that in the AI race, it's the technical talent that really wins."Focusing on the appearance of the region for investors, Christos Mastoras, Founder and Managing Partner of Iliad Partners, stated: "I believe we are really fortunate to onboard the three largest banks of Greece as LPs [Limited Partners] for investment in the area.
"International growth funds are being available in, which shows clear indications of maturity of the community The ability of the UAE and local federal governments to draw in talent; their innovation-first approach, abundance of capital here as well as inflow worldwide are the key foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the number of handle the highest values, with 250 "biggest ticket size" deals taped in 2025 in the nation.
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