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Affirming the growth of AI in the region, a report launched by PwC previously this month stated that the use of AI amongst the labor force in the Middle East continues to rise, with 75 percent of workers in the area using it in their jobs over the past 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's development in the innovation sector and said that 84 percent of CEOs in the nation are all set to deploy AI properly, well above the 76 percent international standard, supported by the Kingdom's information governance environment, consisting of national initiatives led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are believing holistically about how to make the area attractive, including having more pragmatic laws to permit experimentation and growth," said the report.
Future-Proofing Your GCC Organization Through Tactical OutsourcingLeading service leaders, policymakers and financiers from the GCC and Latin America recently checked out how nations from the two regions can grow trade in between each other in Dubai, UAE.More than 500 local and global policymakers, presidents, CEOs, service leaders, investors, and market specialists went to the very first Global Business Online forum Latin America held at the Atlantis Palm - Dubai.
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 region were $5.6 billion, a statement from organisers said. Both areas count on each other for necessary products.
In 2015 Latin America supplied almost half the meat imports into the GCC and 36 percent of the region's overall sugar imports, it included. Brazil is by far 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 automobiles and Chile for wood products, said a declaration.
The forum was arranged by the Dubai Chamber of Commerce under the style "Moving Synergies", explores how businesses can gain from the changing patterns of global need and what function Dubai can play in facilitating the next step in organization relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however globally too, by serving as an information and research centre, by providing company documents, using legal services, assisting in networking opportunities by means of signature business events and delivering nearly every imaginable service solution, it specified.
GCC development will strengthen in 2026, led by faster growth in hydrocarbons; non-oil development will remain strong but slow somewhat. Non-oil activity will be supported by population growth, new industries, and public investment; inflation will remain soft, while financial policy will loosen up. Hydrocarbons sector development will accelerate, offsetting in part lower oil prices; fiscal balances will be blended, with surpluses in UAE and Qatar, but deficits continue in other places.
SHARJAH (WAM) The GCC and wider Middle East region is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies bring in funds and skill, stated organization leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel discussion on the very first day of SEF 2026 examining "What Does the Next Year of Endeavor Capital Look Like", speakers agreed that the emerging regional financial investment landscape appears promising.
Reacting to a question on local startups' prospects of gaining from current financial investments in digital facilities, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have so much opting for us in the region: the low cost of energy, an extremely progressive government that is ahead in policy, policy and information privacy; and truly strong instructional institutions that are increasingly taking a look at AI and turning out technical talent in AI."She added: "Our supreme objective is to see this region, specifically the GCC, end up being an AI superpower.
Our most significant motorist right now is investing in skill, because in the AI race, it's the technical talent that truly wins.
"International growth funds are coming in, which reveals clear signs of maturity of the ecosystem The capability of the UAE and local governments to bring in talent; their innovation-first method, abundance of capital here as well as inflow globally are the key structure blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the variety of handle the greatest worths, with 250 "largest ticket size" offers recorded in 2025 in the country.
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