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Affirming the development of AI in the region, a report released by PwC earlier this month stated that the use of AI among the labor force in the Middle East continues to rise, with 75 percent of staff members in the region utilizing it in their tasks 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 nation are ready to release AI properly, well above the 76 percent international standard, supported by the Kingdom's data governance community, consisting of nationwide initiatives led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are thinking holistically about how to make the area 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 explored how countries from the 2 regions can grow trade in between each other in Dubai, UAE.More than 500 local and international policymakers, presidents, CEOs, company leaders, investors, and market experts went to the very first Global Company Online forum Latin America held at the Atlantis Palm - Dubai.

Analysing New GCC Data for Future Growth

In 2015 the GCC comprised 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 area were $5.6 billion, a declaration from organisers stated. Both regions count on each other for necessary products.

In 2015 Latin America provided nearly half the meat imports into the GCC and 36 per cent of the area's overall sugar imports, it included. Brazil is without a doubt the largest trading partner for nations in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC counts on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for automobiles and Chile for wood products, said a statement.

The online forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how companies can benefit from the changing patterns of worldwide need and what function Dubai can play in assisting in the next action in service relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but internationally too, by functioning as an info and research centre, by offering organization documents, providing legal services, facilitating networking opportunities by means of signature service events and providing practically every conceivable company service, it specified.

GCC development will reinforce in 2026, led by faster growth in hydrocarbons; non-oil growth will remain solid however sluggish slightly. Non-oil activity will be supported by population development, new markets, and public investment; inflation will stay 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, but deficits persist somewhere else.

How to Optimise Regional Strategy in 2026

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

ANSR July GCC PRs 50DR+

Reacting to a question on local startups' prospects of benefiting from current investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have so much opting for us in the region: the low cost of energy, a very progressive federal government that is ahead in policy, guideline and information privacy; and truly strong instructional organizations that are increasingly looking at AI and turning out technical skill in AI."She included: "Our supreme objective is to see this region, specifically the GCC, end up being an AI superpower.

Our greatest chauffeur right now is investing in talent, due to the fact that in the AI race, it's the technical talent that truly wins."Concentrating on the beauty of the region for investors, Christos Mastoras, Creator and Managing Partner of Iliad Partners, stated: "I think we are really lucky to onboard the three largest banks of Greece as LPs [Limited Partners] for financial investment in the region.

"International development funds are coming in, which reveals clear signs of maturity of the ecosystem The ability of the UAE and regional governments to attract talent; their innovation-first approach, abundance of capital here as well as inflow globally are the key foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of deals with the highest worths, with 250 "biggest ticket size" deals taped in 2025 in the nation.