Emerging Future Trends Defining the 2026 GCC Economy

Verifying the growth of AI in the area, a report released by PwC previously this month stated 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 launched by KPMG highlighted Saudi Arabia's progress in the technology sector and said that 84 percent of CEOs in the nation are all set to release AI properly, well above the 76 percent international criteria, supported by the Kingdom's data governance environment, consisting of national initiatives led by the Saudi Data and Expert System Authority.

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

Top magnate, policymakers and financiers from the GCC and Latin America recently explored how nations from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 local and international policymakers, presidents, CEOs, service leaders, financiers, and industry specialists attended the very first Global Business Online forum Latin America held at the Atlantis Palm - Dubai.

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In 2015 the GCC comprised of the UAE, Bahrain, Kuwait, Oman, Qatar and Saudi Arabia, imported $11 billion worth of goods 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 products.

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 included. Brazil is without a doubt the largest trading partner for nations in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC depends on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for cars and Chile for wood items, said a declaration.

The online forum was arranged by the Dubai Chamber of Commerce under the style "Moving Synergies", checks out how businesses can benefit from the changing patterns of worldwide demand and what role Dubai can play in helping with the next action in organization relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but internationally too, by functioning as a details and research centre, by supplying organization documents, offering legal services, assisting in networking chances by means of signature company events and providing nearly every possible organization solution, it specified.

GCC development will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain strong but slow a little. Non-oil activity will be supported by population development, new industries, and public investment; inflation will stay soft, while financial policy will loosen up. Hydrocarbons sector development will accelerate, balancing out in part lower oil costs; financial balances will be blended, with surpluses in UAE and Qatar, however deficits continue in other places.

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SHARJAH (WAM) The GCC and broader Middle East area is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies attracting funds and skill, 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 Look Like", speakers concurred that the emerging regional investment landscape appears promising.

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Reacting to a concern on regional start-ups' potential customers of benefiting from recent financial investments in digital infrastructure, Tala Al Jabri, Creator and Managing Partner of Wyld VC stated: "We have a lot choosing us in the region: the low expense of energy, a very progressive federal government that is ahead in policy, guideline and data privacy; and actually strong universities that are significantly taking a look at AI and ending up technical talent in AI."She included: "Our ultimate objective is to see this area, particularly the GCC, become an AI superpower.

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

"International development funds are coming in, which reveals clear signs of maturity of the community The capability of the UAE and regional federal governments to draw in talent; their innovation-first method, abundance of capital here along with inflow internationally are the crucial building blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of handle the highest worths, with 250 "largest ticket size" deals recorded in 2025 in the nation.