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Verifying the growth of AI in the region, a report launched by PwC previously this month said that the usage of AI amongst the workforce in the Middle East continues to increase, with 75 percent of workers in the area utilizing 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 said that 84 percent of CEOs in the nation are prepared to release AI properly, well above the 76 percent international criteria, supported by the Kingdom's data governance ecosystem, including national initiatives led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are believing holistically about how to make the area appealing, consisting of having more pragmatic laws to permit for experimentation and growth," said the report.

Top organization leaders, policymakers and financiers from the GCC and Latin America just recently explored how countries from the two areas can grow trade between each other in Dubai, UAE.More than 500 local and worldwide policymakers, heads of state, CEOs, business leaders, investors, and industry experts attended the very first Global Organization 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 items from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers stated. Both areas count on each other for vital items.

In 2015 Latin America provided 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 biggest trading partner for countries in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for automobiles and Chile for wood items, said a declaration.

The forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how organizations can take advantage of the altering patterns of global need and what role Dubai can play in helping with the next step in business relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however globally too, by serving as an information and research centre, by providing company documentation, using legal services, facilitating networking chances by means of signature company events and delivering nearly every possible organization option, it mentioned.

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

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SHARJAH (WAM) The GCC and wider Middle East area 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 skill, stated service leaders 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 Venture Capital Look Like", speakers concurred that the emerging regional financial investment landscape appears promising.

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Responding to a question on regional start-ups' prospects of gaining from current financial investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have a lot choosing us in the area: the low cost of energy, a really progressive federal government that is ahead in policy, guideline and data personal privacy; and really strong universities that are significantly taking a look at AI and turning out technical skill in AI."She included: "Our ultimate objective is to see this region, particularly the GCC, become an AI superpower.

Our most significant driver right now is investing in talent, due to the fact that in the AI race, it's the technical skill that actually wins.

"International development funds are can be found in, which reveals clear signs of maturity of the ecosystem The capability of the UAE and local governments to attract skill; their innovation-first approach, abundance of capital here along with inflow worldwide are the essential foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the variety of deals with the greatest values, with 250 "largest ticket size" offers recorded in 2025 in the nation.