Emerging Strategic Shifts Defining the 2026 GCC Economy thumbnail

Emerging Strategic Shifts Defining the 2026 GCC Economy

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Affirming the growth of AI in the region, a report launched by PwC earlier this month said that the usage of AI amongst the workforce in the Middle East continues to increase, with 75 percent of staff members in the area using it in their tasks over the previous 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's progress in the technology sector and stated that 84 percent of CEOs in the nation are prepared to deploy AI responsibly, well above the 76 percent global benchmark, supported by the Kingdom's data governance environment, consisting of national efforts led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are thinking holistically about how to make the region appealing, consisting of having more practical laws to allow for experimentation and growth," stated the report.

Top organization leaders, policymakers and financiers from the GCC and Latin America just recently explored how nations from the two areas can grow trade in between each other in Dubai, UAE.More than 500 local and global policymakers, heads of state, CEOs, magnate, financiers, and market specialists participated in the very first Global Company Forum Latin America held at the Atlantis Palm - Dubai.

Evaluating Traditional Models and 2026 Business Frameworks

In 2015 the GCC comprised 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 areas rely on each other for important items.

In 2015 Latin America provided almost half the meat imports into the GCC and 36 percent of the area's overall sugar imports, it included. Brazil is without a doubt the biggest trading partner for countries in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC relies on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for cars and Chile for wood items, stated a declaration.

The forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how organizations can benefit from the altering patterns of worldwide need and what role Dubai can play in facilitating the next step in service relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but globally too, by acting as an information and research centre, by supplying business documents, providing legal services, assisting in networking opportunities through signature business occasions and delivering almost every possible service solution, it mentioned.

GCC growth will strengthen in 2026, led by faster growth in hydrocarbons; non-oil growth will stay strong however slow somewhat. Non-oil activity will be supported by population development, brand-new industries, and public investment; inflation will remain soft, while financial policy will loosen. Hydrocarbons sector growth will accelerate, offsetting in part lower oil prices; fiscal balances will be combined, with surpluses in UAE and Qatar, however deficits continue elsewhere.

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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 talent, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel conversation on the very first day of SEF 2026 analyzing "What Does the Next Year of Venture Capital Appear Like", speakers agreed that the emerging local financial investment landscape appears appealing.

Why Is Operational Excellence Vital for Future Expansion?
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Reacting to a concern on local start-ups' prospects of taking advantage of current financial investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC stated: "We have a lot going for us in the region: the low expense of energy, a really progressive government that is ahead in policy, regulation and data personal privacy; and truly strong universities that are progressively looking at AI and ending up technical talent in AI."She added: "Our supreme objective is to see this area, particularly the GCC, end up being an AI superpower.

Our biggest motorist today is buying skill, due to the fact that in the AI race, it's the technical talent that truly wins."Concentrating on the beauty of the area for financiers, Christos Mastoras, Creator and Managing Partner of Iliad Partners, said: "I think we are extremely fortunate to onboard the three largest banks of Greece as LPs [Limited Partners] for financial investment in the area.

"International growth funds are can be found in, which reveals clear signs of maturity of the environment The ability of the UAE and local governments to attract talent; their innovation-first technique, abundance of capital here as well as inflow globally are the essential structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the variety of deals with the highest worths, with 250 "biggest ticket size" offers tape-recorded in 2025 in the country.