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Affirming the growth of AI in the region, a report released by PwC previously this month said that the use of AI among the labor force in the Middle East continues to rise, with 75 percent of workers in the area utilizing it in their jobs over the previous 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's development 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 worldwide benchmark, supported by the Kingdom's information governance environment, consisting of nationwide efforts led by the Saudi Data and Expert System Authority.
Policymakers are thinking holistically about how to make the area attractive, including having more practical laws to permit for experimentation and development," said the report.
How Data Shapes GCC Corporate VisionLeading organization leaders, policymakers and investors from the GCC and Latin America recently explored how countries from the two areas can grow trade in between each other in Dubai, UAE.More than 500 local and international policymakers, heads of state, CEOs, service leaders, financiers, and industry specialists attended the first Global Company 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 said. Both areas count on each other for vital items.
In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 per cent of the area's total sugar imports, it included. Brazil is by far the largest trading partner for countries in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC counts on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for lorries and Chile for wood items, stated a declaration.
The online forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how organizations can benefit from the changing patterns of worldwide demand and what role Dubai can play in assisting in the next action in organization relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however internationally too, by functioning as an info and research centre, by providing company documentation, using legal services, assisting in networking opportunities by means of signature service occasions and providing nearly every conceivable business service, it stated.
GCC growth will enhance in 2026, led by faster growth in hydrocarbons; non-oil growth will stay strong however slow slightly. Non-oil activity will be supported by population growth, brand-new markets, 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 costs; fiscal balances will be mixed, 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 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 examining "What Does the Next Year of Equity Capital Look Like", speakers agreed that the emerging regional investment landscape appears appealing.
Methods for Scaling Regional Operations in 2026Reacting to a concern on local start-ups' potential customers of taking advantage of recent investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have a lot going for us in the region: the low cost of energy, an extremely progressive government that is ahead in policy, policy and information personal privacy; and actually strong instructional organizations that are significantly taking a look at AI and ending up technical skill in AI."She included: "Our ultimate objective is to see this region, particularly the GCC, end up being an AI superpower.
Our biggest driver right now is investing in talent, because in the AI race, it's the technical talent that truly wins.
"International development funds are can be found in, which shows clear signs of maturity of the community The capability of the UAE and local federal governments to attract talent; their innovation-first technique, abundance of capital here in addition to inflow worldwide are the key foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the variety of handle the greatest worths, with 250 "biggest ticket size" offers tape-recorded in 2025 in the country.
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