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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 amongst the workforce in the Middle East continues to increase, with 75 percent of staff members in the area using it in their jobs over the past 12 months.

In November, a report launched 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 responsibly, well above the 76 percent global criteria, supported by the Kingdom's data governance environment, including nationwide initiatives led by the Saudi Data and Expert System Authority.

Policymakers are believing holistically about how to make the area attractive, including having more practical laws to permit experimentation and growth," stated the report.

Top magnate, policymakers and financiers from the GCC and Latin America just recently checked out how countries from the 2 regions can grow trade in between each other in Dubai, UAE.More than 500 local and worldwide policymakers, heads of state, CEOs, business leaders, investors, and industry specialists went to the very first Global Company Online 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 items from Latin America. And exports to Latin America from the region were $5.6 billion, a statement from organisers stated. Both areas depend on each other for vital items.

In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 percent of the area's total sugar imports, it added. Brazil is by far the biggest trading partner for nations in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC counts on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for vehicles and Chile for wood items, said a declaration.

The forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how businesses can benefit from the altering patterns of global demand and what function Dubai can play in helping with the next action in business relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but globally too, by acting as a details and research study centre, by providing business documents, using legal services, assisting in networking opportunities by means of signature organization occasions and providing almost every conceivable organization option, it mentioned.

GCC development will strengthen in 2026, led by faster growth in hydrocarbons; non-oil development will remain strong however slow somewhat. Non-oil activity will be supported by population development, new industries, and public financial investment; inflation will remain soft, while financial policy will loosen. Hydrocarbons sector growth will accelerate, offsetting in part lower oil prices; fiscal balances will be blended, with surpluses in UAE and Qatar, but deficits persist elsewhere.

Emerging Strategic Trends Shaping the 2026 GCC Market

SHARJAH (WAM) The GCC and larger Middle East area 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, said organization leaders 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 Endeavor Capital Appear Like", speakers agreed that the emerging regional financial investment landscape appears promising.

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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 said: "We have a lot choosing us in the area: the low cost of energy, an extremely progressive government that is ahead in policy, regulation and information personal privacy; and actually strong universities that are progressively taking a look at AI and ending up technical talent in AI."She included: "Our supreme goal is to see this area, specifically 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 actually wins.

"International growth funds are being available in, which reveals clear signs of maturity of the community The capability of the UAE and local governments to draw in skill; their innovation-first approach, abundance of capital here in addition to inflow globally are the key structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the variety of handle the greatest values, with 250 "biggest ticket size" deals tape-recorded in 2025 in the country.