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Affirming the growth of AI in the region, a report released by PwC previously this month stated that the usage of AI among the labor force in the Middle East continues to rise, with 75 percent of employees in the region utilizing it in their jobs over the past 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's progress in the innovation sector and stated that 84 percent of CEOs in the country are ready to deploy AI responsibly, well above the 76 percent international standard, supported by the Kingdom's information governance ecosystem, including national efforts led by the Saudi Data and Expert System Authority.

Policymakers are believing holistically about how to make the region attractive, including having more practical laws to enable experimentation and growth," said the report.

Leading organization leaders, policymakers and investors from the GCC and Latin America just recently explored how countries from the 2 regions can grow trade in between each other in Dubai, UAE.More than 500 local and worldwide policymakers, presidents, CEOs, magnate, financiers, and market experts went to the very first Global Service 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 area were $5.6 billion, a declaration from organisers said. Both areas count on each other for essential items.

In 2015 Latin America supplied almost half the meat imports into the GCC and 36 per cent of the area's overall sugar imports, it added. Brazil is without a doubt the largest trading partner for nations in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC counts 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 style "Moving Synergies", explores how organizations can gain from the changing patterns of worldwide need and what role 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 worldwide too, by serving as a details and research centre, by supplying organization documentation, providing legal services, assisting in networking chances via signature service events and providing nearly every conceivable organization option, it stated.

GCC development will enhance in 2026, led by faster growth in hydrocarbons; non-oil development will stay strong however slow somewhat. Non-oil activity will be supported by population development, new industries, and public investment; inflation will remain soft, while monetary policy will loosen. Hydrocarbons sector growth will speed up, offsetting in part lower oil prices; financial balances will be mixed, with surpluses in UAE and Qatar, but deficits continue somewhere else.

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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 federal government policies drawing in funds and skill, stated magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel discussion on the very first day of SEF 2026 taking a look at "What Does the Next Year of Equity Capital Appear Like", speakers agreed that the emerging regional financial investment landscape appears appealing.

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Responding to a concern on regional startups' potential customers of taking advantage of recent investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have a lot opting for us in the area: the low cost of energy, a really progressive federal government that is ahead in policy, regulation and data privacy; and really strong universities that are progressively taking a look at AI and turning out technical skill in AI."She included: "Our supreme goal is to see this region, particularly the GCC, become an AI superpower.

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

"International development funds are coming in, which shows clear signs of maturity of the ecosystem The capability of the UAE and regional federal governments to bring in talent; their innovation-first method, abundance of capital here in addition to inflow internationally are the crucial foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the variety of offers with the highest worths, with 250 "largest ticket size" offers recorded in 2025 in the nation.