Evaluating Legacy Models and 2026 Economic Strategies

Verifying the growth of AI in the region, a report launched by PwC previously this month said that the use of AI amongst the labor force in the Middle East continues to rise, with 75 percent of employees in the area utilizing it in their tasks over the previous 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's progress in the innovation sector and said that 84 percent of CEOs in the nation are all set to release AI responsibly, well above the 76 percent international standard, supported by the Kingdom's data governance ecosystem, including national efforts led by the Saudi Data and Expert System Authority.

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

Leading organization leaders, policymakers and investors from the GCC and Latin America just recently explored how countries from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 regional and global policymakers, heads of state, CEOs, magnate, investors, and market specialists went to the very first Global Service 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 products from Latin America. And exports to Latin America from the area were $5.6 billion, a declaration from organisers stated. Both regions rely on each other for necessary products.

In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 percent of the region's overall sugar imports, it added. Brazil is without a doubt the largest trading partner for countries in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC relies on Brazil for meat (generally poultry), Argentina for cereals, Mexico for automobiles and Chile for wood products, said a declaration.

The online forum was organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", explores how services can gain from the changing patterns of global need and what function Dubai can play in assisting in the next action in business relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but internationally too, by acting as a details and research centre, by providing organization paperwork, offering legal services, helping with networking chances by means of signature organization occasions and delivering almost every conceivable service option, it stated.

GCC growth will enhance in 2026, led by faster growth in hydrocarbons; non-oil growth will stay strong however sluggish somewhat. Non-oil activity will be supported by population growth, new industries, 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 prices; fiscal balances will be combined, with surpluses in UAE and Qatar, however 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 drawing in funds and skill, stated company leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel conversation on the first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Appear Like", speakers concurred that the emerging local investment landscape appears promising.

ANSR July GCC PRs 50DR+

Reacting to a question on local startups' potential customers of benefiting from recent 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 expense of energy, a very progressive federal government that is ahead in policy, policy and information personal privacy; and truly strong universities that are increasingly looking at AI and ending up technical talent in AI."She included: "Our supreme goal is to see this area, specifically the GCC, become an AI superpower.

Our biggest chauffeur today is investing in skill, since in the AI race, it's the technical talent that really wins."Concentrating on the beauty of the area for financiers, Christos Mastoras, Founder and Managing Partner of Iliad Partners, stated: "I think we are extremely lucky to onboard the three largest banks of Greece as LPs [Limited Partners] for financial investment in the area.

"International growth funds are coming in, which shows clear indications of maturity of the ecosystem The capability of the UAE and regional governments to draw in talent; their innovation-first technique, abundance of capital here as well as inflow globally are the crucial foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the number of handle the highest worths, with 250 "largest ticket size" offers recorded in 2025 in the country.