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Verifying the growth of AI in the region, a report released by PwC previously this month said that the usage of AI among the labor force in the Middle East continues to increase, with 75 percent of workers in the area utilizing it in their tasks 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 nation are ready to deploy AI responsibly, well above the 76 percent international benchmark, supported by the Kingdom's data governance environment, including national efforts led by the Saudi Data and Expert System Authority.

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

Top magnate, policymakers and investors from the GCC and Latin America just recently explored how countries from the 2 areas can grow trade in between each other in Dubai, UAE.More than 500 local and international policymakers, presidents, CEOs, magnate, investors, and industry specialists attended the very first Global Business 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 statement from organisers said. Both areas count on each other for vital items.

In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the region's total sugar imports, it added. Brazil is without a doubt the biggest trading partner for nations in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (generally poultry), Argentina for cereals, Mexico for lorries and Chile for wood items, said a declaration.

The online forum was organised by the Dubai Chamber of Commerce under the style "Moving Synergies", checks out how businesses can take advantage of the altering patterns of global demand and what function 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 but globally too, by acting as an info and research centre, by supplying organization documentation, offering legal services, facilitating networking opportunities via signature business occasions and providing almost every possible organization solution, it specified.

GCC growth will enhance in 2026, led by faster growth in hydrocarbons; non-oil growth will stay strong but slow somewhat. 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, balancing out in part lower oil prices; financial balances will be blended, with surpluses in UAE and Qatar, but deficits continue somewhere else.

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SHARJAH (WAM) The GCC and broader Middle East area is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies attracting funds and talent, stated service leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel discussion on the first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Look Like", speakers concurred that the emerging local investment landscape appears promising.

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Reacting to a question on regional startups' prospects of benefiting from current investments in digital facilities, Tala Al Jabri, Creator 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 government that is ahead in policy, regulation and information personal privacy; and truly strong instructional institutions that are progressively looking at AI and ending up technical talent in AI."She added: "Our supreme goal is to see this area, particularly the GCC, become an AI superpower.

Our biggest driver today is investing in skill, due to the fact that in the AI race, it's the technical talent that really wins."Focusing on the attractiveness of the region for financiers, Christos Mastoras, Creator and Handling Partner of Iliad Partners, stated: "I believe we are really fortunate to onboard the 3 largest banks of Greece as LPs [Limited Partners] for investment in the region.

"International growth funds are can be found in, which reveals clear signs of maturity of the environment The ability of the UAE and regional federal governments to attract talent; their innovation-first approach, abundance of capital here along with inflow worldwide are the crucial building blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of offers with the greatest worths, with 250 "largest ticket size" deals taped in 2025 in the nation.