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Verifying the growth of AI in the area, a report launched by PwC earlier this month stated 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 tasks over the previous 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's progress in the technology sector and stated that 84 percent of CEOs in the country are ready to release AI properly, well above the 76 percent worldwide criteria, supported by the Kingdom's data governance environment, including national efforts led by the Saudi Data and Expert System Authority.
Policymakers are believing holistically about how to make the area appealing, consisting of having more practical laws to enable experimentation and growth," said the report.
Corporate Planning for GCC LeadershipLeading magnate, policymakers and financiers from the GCC and Latin America recently explored how nations from the 2 areas can grow trade in between each other in Dubai, UAE.More than 500 regional and international policymakers, heads of state, CEOs, business leaders, investors, and industry specialists went to the first Global Company Online 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 items from Latin America. And exports to Latin America from the region were $5.6 billion, a declaration from organisers said. Both areas rely on each other for important items.
In 2015 Latin America provided almost 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 biggest trading partner for countries in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC counts on Brazil for meat (generally poultry), Argentina for cereals, Mexico for vehicles and Chile for wood items, said a statement.
The forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how organizations can gain from the changing patterns of global demand and what function Dubai can play in facilitating the next step in company relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but worldwide too, by functioning as an information and research study centre, by offering business documentation, providing legal services, facilitating networking chances via signature business occasions and providing practically every conceivable business option, it mentioned.
GCC growth will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil development will stay solid but sluggish slightly. Non-oil activity will be supported by population development, brand-new industries, and public investment; inflation will stay soft, while monetary policy will loosen up. Hydrocarbons sector growth will accelerate, offsetting in part lower oil prices; financial balances will be blended, with surpluses in UAE and Qatar, but deficits continue elsewhere.
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 skill, said service leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel conversation on the very first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Appear Like", speakers concurred that the emerging regional investment landscape appears promising.
Actionable Tips for Mastering the GCC LandscapeReacting to a concern on regional startups' potential customers of benefiting from current financial investments in digital facilities, Tala Al Jabri, Founder 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, guideline and information personal privacy; and really strong universities that are progressively looking at AI and ending up technical skill in AI."She added: "Our supreme goal is to see this region, specifically the GCC, end up being an AI superpower.
Our greatest motorist today is purchasing talent, since in the AI race, it's the technical talent that actually wins."Concentrating on the beauty of the area for investors, Christos Mastoras, Creator and Managing Partner of Iliad Partners, stated: "I think we are extremely lucky to onboard the three biggest banks of Greece as LPs [Limited Partners] for investment in the area.
"International growth funds are being available in, which shows clear indications of maturity of the community The ability of the UAE and regional federal governments to bring in skill; their innovation-first method, abundance of capital here as well as inflow globally are the crucial structure blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the variety of offers with the greatest values, with 250 "biggest ticket size" offers recorded in 2025 in the country.
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