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Affirming the growth of AI in the area, a report launched by PwC earlier this month said that the usage of AI amongst the labor force in the Middle East continues to increase, with 75 percent of workers in the area using it in their tasks over the previous 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's progress in the technology sector and said 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 information governance environment, including nationwide efforts led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are believing holistically about how to make the area appealing, including having more practical laws to permit for experimentation and development," said the report.
Upskilling the UAE Labor Force for a Post-AI EconomyLeading magnate, policymakers and investors from the GCC and Latin America just recently checked out how countries from the 2 areas can grow trade in between each other in Dubai, UAE.More than 500 local and global policymakers, presidents, CEOs, service leaders, financiers, and market professionals attended the very first Global Service 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 statement from organisers said. Both areas count on each other for necessary products.
In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 percent of the area's total sugar imports, it included. Brazil is without a doubt the largest trading partner for countries in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC depends on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for vehicles and Chile for wood products, said a statement.
The online forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how organizations can take advantage of the changing patterns of international need and what role Dubai can play in helping with the next action in company relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but worldwide too, by acting as an information and research centre, by supplying business paperwork, using legal services, helping with networking opportunities via signature company occasions and delivering nearly every conceivable organization service, it stated.
GCC growth will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain solid but slow slightly. Non-oil activity will be supported by population growth, new markets, and public financial investment; inflation will remain soft, while financial policy will loosen up. Hydrocarbons sector development will speed up, balancing out in part lower oil prices; fiscal balances will be blended, with surpluses in UAE and Qatar, however deficits persist elsewhere.
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 federal government policies bring in funds and talent, stated magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel discussion on the first day of SEF 2026 taking a look at "What Does the Next Year of Venture Capital Look Like", speakers agreed that the emerging local investment landscape appears appealing.

Reacting to a concern on regional startups' prospects of benefiting from recent financial investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have so much opting for us in the area: the low expense of energy, an extremely progressive government that is ahead in policy, guideline and data personal privacy; and really strong universities that are significantly looking at AI and turning out technical talent in AI."She added: "Our ultimate objective is to see this region, specifically the GCC, become an AI superpower.
Our biggest motorist right now is investing in skill, because in the AI race, it's the technical skill that truly wins.
"International development funds are coming in, which shows clear signs of maturity of the environment The ability of the UAE and local governments to bring in talent; their innovation-first technique, abundance of capital here along with inflow worldwide are the crucial building blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the variety of handle the greatest values, with 250 "biggest ticket size" offers tape-recorded in 2025 in the country.
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