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Verifying the growth of AI in the region, a report released by PwC earlier this month stated that the usage of AI among the labor force in the Middle East continues to increase, with 75 percent of employees in the region utilizing it in their tasks over the previous 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's development in the technology sector and stated that 84 percent of CEOs in the nation are prepared to deploy AI properly, well above the 76 percent international benchmark, supported by the Kingdom's information governance environment, consisting of national initiatives led by the Saudi Data and Expert System Authority.
Policymakers are thinking holistically about how to make the area appealing, consisting of having more practical laws to permit experimentation and growth," stated the report.
Leading company leaders, policymakers and investors from the GCC and Latin America recently explored how nations from the two areas can grow trade in between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, presidents, CEOs, service leaders, financiers, and industry professionals went to the first Global Company Forum Latin America held at the Atlantis Palm - Dubai.
In 2015 the GCC made up of the UAE, Bahrain, Kuwait, Oman, Qatar and Saudi Arabia, imported $11 billion worth of products from Latin America. And exports to Latin America from the region were $5.6 billion, a declaration from organisers said. Both areas depend on each other for vital products.
In 2015 Latin America supplied almost half the meat imports into the GCC and 36 per cent of the region's total sugar imports, it included. Brazil is without a doubt the biggest trading partner for countries in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC relies on Brazil for meat (generally poultry), Argentina for cereals, Mexico for vehicles and Chile for wood items, said a statement.
The online forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how organizations can benefit from the altering patterns of global need 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 acting as an information and research centre, by providing organization paperwork, providing legal services, assisting in networking opportunities through signature company events and providing nearly every imaginable business solution, it stated.
GCC growth will strengthen in 2026, led by faster growth in hydrocarbons; non-oil growth will stay solid 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 up. Hydrocarbons sector development will accelerate, balancing out in part lower oil rates; fiscal balances will be mixed, with surpluses in UAE and Qatar, however deficits continue elsewhere.
SHARJAH (WAM) The GCC and wider 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 drawing in funds and talent, said service leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel conversation on the first day of SEF 2026 examining "What Does the Next Year of Venture Capital Look Like", speakers agreed that the emerging regional financial investment landscape appears appealing.
Corporate Agility in a Evolving GCC MarketReacting to a question on local start-ups' prospects of benefiting from current financial investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC stated: "We have so much choosing us in the region: the low cost of energy, a really progressive federal government that is ahead in policy, policy and data personal privacy; and actually strong universities that are significantly looking at AI and ending up technical talent in AI."She included: "Our ultimate goal is to see this area, particularly the GCC, end up being an AI superpower.
Our biggest chauffeur right now is investing in talent, since in the AI race, it's the technical talent that really wins.
"International growth funds are can be found in, which shows clear signs of maturity of the ecosystem The ability of the UAE and local federal governments to attract skill; their innovation-first method, abundance of capital here in addition to inflow globally are the crucial foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the variety of handle the greatest worths, with 250 "largest ticket size" deals tape-recorded in 2025 in the country.
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