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Affirming the growth of AI in the area, a report released by PwC earlier this month stated that the use of AI amongst the workforce in the Middle East continues to increase, with 75 percent of workers in the region utilizing it in their jobs over the previous 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's development in the innovation sector and stated that 84 percent of CEOs in the country are ready to release AI properly, well above the 76 percent international criteria, supported by the Kingdom's data governance ecosystem, including 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 experimentation and growth," stated the report.
Top magnate, policymakers and investors from the GCC and Latin America just recently checked out how nations from the two regions can grow trade between each other in Dubai, UAE.More than 500 local and global policymakers, presidents, CEOs, company leaders, investors, and industry professionals went to the very first Global Company 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 goods from Latin America. And exports to Latin America from the region were $5.6 billion, a statement from organisers stated. Both regions count on each other for important items.
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 region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC counts on Brazil for meat (generally poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, said a statement.
The forum was organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", explores how organizations can gain from the changing patterns of worldwide need and what role Dubai can play in helping with the next action in business relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but globally too, by serving as an information and research centre, by providing organization paperwork, providing legal services, helping with networking chances by means of signature company occasions and delivering practically every conceivable organization option, it stated.
GCC growth will reinforce in 2026, led by faster growth in hydrocarbons; non-oil growth will remain strong however slow a little. Non-oil activity will be supported by population development, new markets, and public investment; inflation will remain soft, while financial policy will loosen up. Hydrocarbons sector development will speed up, offsetting in part lower oil prices; financial balances will be combined, 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 drawing in funds and skill, stated company leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the first day of SEF 2026 examining "What Does the Next Year of Endeavor Capital Appear Like", speakers concurred that the emerging regional financial investment landscape appears promising.

Reacting to a concern on regional startups' prospects of gaining from recent financial investments in digital facilities, Tala Al Jabri, Founder and Handling Partner of Wyld VC said: "We have so much opting for us in the region: the low expense of energy, a very progressive federal government that is ahead in policy, policy and data privacy; and truly strong instructional institutions that are increasingly taking a look at AI and ending up technical skill in AI."She included: "Our supreme objective is to see this region, particularly the GCC, become an AI superpower.
Our biggest motorist today is buying skill, because in the AI race, it's the technical skill that really wins."Focusing on the attractiveness of the region for financiers, Christos Mastoras, Creator and Managing Partner of Iliad Partners, stated: "I think we are very fortunate to onboard the three largest banks of Greece as LPs [Limited Partners] for investment in the region.
"International development funds are coming in, which shows clear indications of maturity of the ecosystem The capability of the UAE and local governments to bring in skill; their innovation-first method, abundance of capital here along with inflow internationally are the key structure blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the number of handle the greatest worths, with 250 "biggest ticket size" offers recorded in 2025 in the nation.
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