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Affirming the growth of AI in the area, a report launched by PwC previously this month stated that the usage of AI among the workforce in the Middle East continues to rise, with 75 percent of employees in the area utilizing it in their tasks over the past 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's progress in the innovation sector and stated that 84 percent of CEOs in the nation are prepared to release AI responsibly, well above the 76 percent international criteria, supported by the Kingdom's information governance environment, including national efforts led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are thinking holistically about how to make the area appealing, including having more pragmatic laws to enable experimentation and development," stated the report.
Ways to Leverage Market Intelligence for 2026 GrowthLeading business leaders, policymakers and investors from the GCC and Latin America recently explored how countries from the two regions can grow trade between each other in Dubai, UAE.More than 500 regional and global policymakers, heads of state, CEOs, organization leaders, financiers, and market experts attended the first Global Service 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 goods from Latin America. And exports to Latin America from the area were $5.6 billion, a declaration 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 per cent of the region's total sugar imports, it included. Brazil is by far the biggest trading partner for countries in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC relies on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for cars and Chile for wood items, stated a declaration.
The forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how organizations can benefit from the altering patterns of international need and what function Dubai can play in helping with the next step in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but internationally too, by functioning as an information and research centre, by supplying company documents, providing legal services, helping with networking chances through signature service events and providing almost every imaginable business solution, it specified.
GCC growth will enhance in 2026, led by faster growth in hydrocarbons; non-oil development will remain solid however slow slightly. Non-oil activity will be supported by population growth, new markets, and public financial investment; inflation will stay soft, while financial policy will loosen up. Hydrocarbons sector growth will speed up, offsetting in part lower oil costs; financial balances will be mixed, with surpluses in UAE and Qatar, however deficits continue somewhere else.
SHARJAH (WAM) The GCC and larger 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 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 taking a look at "What Does the Next Year of Endeavor Capital Appear Like", speakers agreed that the emerging local financial investment landscape appears promising.
Ways to Leverage Market Intelligence for 2026 GrowthReacting to a question on local startups' potential customers of gaining from current investments in digital facilities, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have so much opting for us in the area: the low expense of energy, a very progressive federal government that is ahead in policy, regulation and information personal privacy; and actually strong academic institutions that are progressively taking a look at AI and turning out technical talent in AI."She included: "Our supreme objective is to see this area, specifically the GCC, end up being an AI superpower.
Our greatest motorist right now is investing in talent, because in the AI race, it's the technical talent that actually wins.
"International growth funds are coming in, which reveals clear signs of maturity of the environment The capability of the UAE and regional governments to draw in talent; their innovation-first method, abundance of capital here as well as inflow internationally are the crucial structure blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the variety of offers with the highest worths, with 250 "largest ticket size" deals tape-recorded in 2025 in the country.
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