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Affirming the growth of AI in the area, a report released by PwC earlier this month said that the use of AI among the labor force in the Middle East continues to rise, with 75 percent of employees in the area utilizing it in their jobs over the past 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's development in the innovation sector and said that 84 percent of CEOs in the country are ready to deploy AI responsibly, well above the 76 percent global criteria, supported by the Kingdom's information governance environment, consisting of nationwide initiatives led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are believing holistically about how to make the area appealing, including having more pragmatic laws to permit experimentation and growth," stated the report.

Leading company leaders, policymakers and financiers from the GCC and Latin America just recently checked out how nations from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 regional and global policymakers, heads of state, CEOs, service leaders, financiers, and market specialists attended the first Global Organization Online forum Latin America held at the Atlantis Palm - Dubai.

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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 said. Both regions count on each other for necessary products.

In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the area's overall sugar imports, it included. Brazil is without a doubt the largest trading partner for nations in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC counts on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, stated a declaration.

The forum was organised by the Dubai Chamber of Commerce under the style "Moving Synergies", explores how services can take advantage of the changing patterns of global need and what role Dubai can play in facilitating the next step in company relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but worldwide too, by acting as a details and research study centre, by providing business documentation, offering legal services, assisting in networking opportunities via signature organization events and providing practically every imaginable business service, it specified.

GCC growth will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain solid however sluggish a little. Non-oil activity will be supported by population development, new industries, and public investment; inflation will remain soft, while financial policy will loosen. Hydrocarbons sector development will accelerate, offsetting in part lower oil costs; financial balances will be combined, with surpluses in UAE and Qatar, but deficits persist somewhere else.

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SHARJAH (WAM) The GCC and broader Middle East region is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies bring in funds and talent, said magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel conversation on the very first day of SEF 2026 examining "What Does the Next Year of Equity Capital Appear Like", speakers concurred that the emerging regional investment landscape appears appealing.

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Reacting to a question on regional startups' potential customers of benefiting from recent investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have a lot choosing us in the region: the low expense of energy, a really progressive government that is ahead in policy, regulation and data personal privacy; and really strong academic organizations that are progressively looking at AI and ending up technical skill in AI."She included: "Our ultimate objective is to see this region, particularly the GCC, end up being an AI superpower.

Our biggest chauffeur right now is purchasing skill, since in the AI race, it's the technical talent that truly wins."Concentrating on the beauty of the area for investors, Christos Mastoras, Creator and Handling Partner of Iliad Partners, said: "I believe we are really fortunate to onboard the 3 largest banks of Greece as LPs [Limited Partners] for investment in the area.

"International growth funds are can be found in, which shows clear indications of maturity of the environment The capability of the UAE and local governments to attract skill; their innovation-first technique, abundance of capital here in addition to inflow internationally are the essential structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the number of handle the highest values, with 250 "biggest ticket size" deals tape-recorded in 2025 in the nation.