Navigating the 2026 GCC Business Environment

Affirming the development of AI in the area, a report released by PwC previously this month said that the use of AI among the labor force in the Middle East continues to increase, with 75 percent of workers in the region utilizing it in their jobs over the previous 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's progress in the technology sector and stated that 84 percent of CEOs in the country are ready 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 Expert System Authority.

Policymakers are thinking holistically about how to make the region attractive, including having more pragmatic laws to enable for experimentation and development," stated the report.

Top company leaders, policymakers and financiers from the GCC and Latin America just recently checked out how countries from the two regions can grow trade between each other in Dubai, UAE.More than 500 regional and global policymakers, presidents, CEOs, organization leaders, investors, and industry professionals went to the 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 products from Latin America. And exports to Latin America from the area were $5.6 billion, a declaration from organisers said. Both areas depend on each other for vital products.

In 2015 Latin America supplied almost half the meat imports into the GCC and 36 per cent of the area'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. Amongst 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 organised by the Dubai Chamber of Commerce under the style "Moving Synergies", explores how companies can gain from the changing patterns of international need and what function Dubai can play in helping with the next step in service relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however globally too, by functioning as a details and research centre, by providing company documentation, using legal services, facilitating networking opportunities by means of signature service occasions and providing almost every conceivable company solution, it stated.

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

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SHARJAH (WAM) The GCC and broader 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 attracting funds and talent, stated business leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel discussion on the first day of SEF 2026 examining "What Does the Next Year of Endeavor Capital Appear Like", speakers concurred that the emerging local financial investment landscape appears promising.

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Reacting to a concern on local startups' prospects of benefiting from recent financial investments in digital infrastructure, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have so much choosing us in the area: the low cost of energy, a really progressive government that is ahead in policy, guideline and information personal privacy; and actually strong educational organizations that are significantly taking a look at AI and ending up technical skill in AI."She added: "Our ultimate objective is to see this region, particularly the GCC, become an AI superpower.

Our most significant driver today is buying talent, because in the AI race, it's the technical skill that actually wins."Concentrating on the beauty of the area for financiers, Christos Mastoras, Creator and Handling Partner of Iliad Partners, said: "I think we are extremely lucky to onboard the three biggest banks of Greece as LPs [Limited Partners] for investment in the region.

"International development funds are coming in, which reveals clear indications of maturity of the community The capability of the UAE and regional governments to draw in skill; their innovation-first approach, abundance of capital here in addition to inflow internationally are the essential structure blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of offers with the highest values, with 250 "biggest ticket size" deals tape-recorded in 2025 in the nation.