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Verifying the growth of AI in the region, a report released by PwC previously this month stated that the usage of AI amongst the labor force in the Middle East continues to increase, with 75 percent of employees in the area using it in their jobs over the previous 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's progress in the innovation sector and said that 84 percent of CEOs in the country are all set to release AI responsibly, well above the 76 percent international standard, supported by the Kingdom's information governance community, including national initiatives led by the Saudi Data and Expert System Authority.
Policymakers are thinking holistically about how to make the region attractive, including having more practical laws to permit experimentation and growth," said the report.
Utilizing Market Research to Drive Strategic GrowthTop service leaders, policymakers and investors from the GCC and Latin America just recently checked out how countries from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 local and worldwide policymakers, heads of state, CEOs, organization leaders, investors, and industry specialists attended the very first Global Organization Forum Latin America held at the Atlantis Palm - Dubai.
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 count on each other for essential products.
In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 percent of the area's overall sugar imports, it included. Brazil is by far the largest trading partner for nations in the region, followed by Argentina and Mexico. Amongst 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 forum was organised by the Dubai Chamber of Commerce under the style "Moving Synergies", checks out how businesses can take advantage of the altering patterns of worldwide demand and what role Dubai can play in helping with the next step in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but internationally too, by acting as an info and research centre, by supplying service documents, offering legal services, assisting in networking chances through signature business events and providing nearly every possible business solution, it mentioned.
GCC growth will enhance in 2026, led by faster growth in hydrocarbons; non-oil development will remain solid but slow a little. Non-oil activity will be supported by population development, brand-new industries, and public investment; inflation will remain soft, while financial policy will loosen up. Hydrocarbons sector development will speed up, offsetting in part lower oil rates; fiscal balances will be combined, with surpluses in UAE and Qatar, however deficits continue in other places.
SHARJAH (WAM) The GCC and broader Middle East region is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies attracting funds and skill, said business leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel discussion on the very first day of SEF 2026 taking a look at "What Does the Next Year of Equity Capital Look Like", speakers concurred that the emerging local financial investment landscape appears appealing.
Utilizing Market Research to Drive Strategic Growth
Reacting to a question on local start-ups' potential customers of gaining from current financial investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have a lot choosing us in the area: the low cost of energy, a really progressive federal government that is ahead in policy, guideline and information privacy; and actually strong universities that are progressively looking at AI and ending up technical talent in AI."She added: "Our supreme goal is to see this region, specifically the GCC, end up being an AI superpower.
Our biggest driver today is investing in talent, due to the fact that in the AI race, it's the technical talent that actually wins."Concentrating on the attractiveness of the area for investors, Christos Mastoras, Creator and Managing Partner of Iliad Partners, said: "I believe we are very lucky to onboard the three biggest banks of Greece as LPs [Limited Partners] for financial investment in the region.
"International growth funds are can be found in, which shows clear signs of maturity of the community The capability of the UAE and local federal governments to bring in talent; their innovation-first method, abundance of capital here as well as inflow worldwide are the key foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of deals with the highest values, with 250 "largest ticket size" offers tape-recorded in 2025 in the nation.
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