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Verifying the development of AI in the area, a report released by PwC earlier this month stated that the use of AI amongst the workforce in the Middle East continues to increase, with 75 percent of staff members 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 technology sector and said that 84 percent of CEOs in the country are prepared to deploy AI properly, well above the 76 percent international standard, supported by the Kingdom's data governance community, consisting of nationwide efforts led by the Saudi Data and Expert System Authority.
Policymakers are thinking holistically about how to make the area attractive, consisting of having more practical laws to allow for experimentation and growth," said the report.
The Power of Versatile Work in Retaining UAE SkillTop magnate, policymakers and investors from the GCC and Latin America recently checked out how countries from the two regions can grow trade in between each other in Dubai, UAE.More than 500 regional and global policymakers, heads of state, CEOs, magnate, investors, and market specialists attended the very first Global Company 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 items from Latin America. And exports to Latin America from the region were $5.6 billion, a statement from organisers stated. Both areas count on each other for necessary products.
In 2015 Latin America provided almost half the meat imports into the GCC and 36 per cent of the region's overall sugar imports, it added. Brazil is by far the largest trading partner for countries in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for cars and Chile for wood products, stated a statement.
The online forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how companies can take advantage of the altering patterns of worldwide need and what role Dubai can play in assisting in the next action in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however globally too, by serving as a details and research study centre, by providing business documentation, offering legal services, helping with networking chances by means of signature organization events and providing nearly every possible service solution, it stated.
GCC development will enhance in 2026, led by faster growth in hydrocarbons; non-oil growth will stay strong however slow a little. Non-oil activity will be supported by population development, new industries, and public financial investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector growth will speed up, balancing out in part lower oil prices; financial balances will be blended, with surpluses in UAE and Qatar, however deficits persist elsewhere.
SHARJAH (WAM) The GCC and larger Middle East region is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies bring in funds and talent, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel discussion on the first day of SEF 2026 taking a look at "What Does the Next Year of Equity Capital Look Like", speakers agreed that the emerging regional investment landscape appears appealing.
How Outsourcing Can Accelerate Your 2026 GCC GrowthReacting to a concern on local startups' potential customers of gaining from recent investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC said: "We have so much going for us in the region: the low expense of energy, a very progressive government that is ahead in policy, policy and data privacy; and really strong universities that are increasingly taking a look at AI and ending up technical talent in AI."She added: "Our supreme objective is to see this region, specifically the GCC, become an AI superpower.
Our biggest chauffeur right now is investing in talent, due to the fact that in the AI race, it's the technical skill that actually wins.
"International growth funds are can be found in, which shows clear signs of maturity of the ecosystem The ability of the UAE and regional federal governments to bring in skill; their innovation-first method, abundance of capital here in addition to inflow worldwide are the essential building blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of handle the greatest worths, with 250 "largest ticket size" deals recorded in 2025 in the nation.
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