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Affirming the growth of AI in the region, a report launched by PwC previously this month stated that the use of AI amongst the labor force in the Middle East continues to rise, with 75 percent of workers in the region utilizing it in their jobs over the past 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's progress in the technology sector and stated that 84 percent of CEOs in the nation are prepared to deploy AI responsibly, well above the 76 percent worldwide criteria, supported by the Kingdom's data governance community, consisting of nationwide efforts led by the Saudi Data and Artificial Intelligence Authority.

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

Top organization leaders, policymakers and financiers from the GCC and Latin America recently checked out how nations from the two areas can grow trade between each other in Dubai, UAE.More than 500 local and global policymakers, heads of state, CEOs, business leaders, investors, and market experts participated in the very first Global Business Forum Latin America held at the Atlantis Palm - Dubai.

Emerging Future Trends Shaping the 2026 GCC Economy

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 area were $5.6 billion, a statement from organisers said. Both areas depend on each other for vital items.

In 2015 Latin America provided nearly half the meat imports into the GCC and 36 per cent of the area's total sugar imports, it added. Brazil is by far the biggest trading partner for nations in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC relies on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for cars and Chile for wood products, stated a statement.

The online forum was arranged by the Dubai Chamber of Commerce under the style "Moving Synergies", checks out how organizations can benefit from the changing patterns of worldwide need and what role Dubai can play in facilitating the next step in service relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however internationally too, by serving as an information and research study centre, by offering organization paperwork, providing legal services, assisting in networking opportunities through signature organization events and delivering practically every imaginable service solution, it mentioned.

GCC development will reinforce in 2026, led by faster growth in hydrocarbons; non-oil development will remain solid but sluggish a little. Non-oil activity will be supported by population development, brand-new markets, and public financial investment; inflation will remain soft, while financial policy will loosen up. Hydrocarbons sector development will accelerate, balancing out in part lower oil rates; fiscal balances will be combined, with surpluses in UAE and Qatar, however deficits persist elsewhere.

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SHARJAH (WAM) The GCC and wider Middle East area is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies drawing in funds and skill, said business leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel conversation on the very first day of SEF 2026 analyzing "What Does the Next Year of Venture Capital Appear Like", speakers agreed that the emerging regional financial investment landscape appears promising.

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Reacting to a concern on local startups' prospects of taking advantage of recent investments in digital infrastructure, Tala Al Jabri, Creator and Managing Partner of Wyld VC stated: "We have a lot choosing us in the region: the low expense of energy, a very progressive federal government that is ahead in policy, policy and data personal privacy; and really strong universities that are significantly taking a look at AI and ending up technical skill in AI."She added: "Our supreme goal is to see this area, particularly the GCC, become an AI superpower.

Our biggest driver right now is investing in talent, because in the AI race, it's the technical talent that really wins."Focusing on the beauty of the region for investors, Christos Mastoras, Founder and Managing Partner of Iliad Partners, stated: "I believe we are really fortunate to onboard the three biggest banks of Greece as LPs [Limited Partners] for financial investment in the region.

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