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Affirming the development of AI in the area, a report launched by PwC earlier this month said that the usage of AI amongst the workforce in the Middle East continues to increase, with 75 percent of employees in the region using it in their jobs over the previous 12 months.
In November, a report released 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 global criteria, supported by the Kingdom's data governance community, consisting of national initiatives led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are thinking holistically about how to make the region appealing, consisting of having more pragmatic laws to enable experimentation and growth," said the report.
Is Your Business Design Flexible Enough for Saudi Expansion?Leading organization leaders, policymakers and financiers from the GCC and Latin America just recently explored how countries from the two areas can grow trade in between each other in Dubai, UAE.More than 500 local and global policymakers, heads of state, CEOs, organization leaders, investors, and industry experts attended 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 said. Both areas rely on each other for essential 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 added. Brazil is by far 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 (primarily poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, said a declaration.
The online forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how services can gain from the changing patterns of worldwide need and what function Dubai can play in assisting in the next step in organization relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but internationally too, by serving as a details and research study centre, by offering service documents, offering legal services, assisting in networking chances through signature business occasions and providing nearly every imaginable organization service, it stated.
GCC development will reinforce in 2026, led by faster growth in hydrocarbons; non-oil development will remain strong however sluggish slightly. Non-oil activity will be supported by population growth, brand-new markets, and public financial investment; inflation will remain soft, while financial policy will loosen. Hydrocarbons sector growth will accelerate, balancing out in part lower oil prices; financial balances will be combined, with surpluses in UAE and Qatar, however deficits continue elsewhere.
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 attracting funds and skill, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel discussion on the first day of SEF 2026 analyzing "What Does the Next Year of Endeavor Capital Look Like", speakers concurred that the emerging local investment landscape appears promising.
The Shift Towards Outcome-Based Outsourcing in the GCCResponding to a concern on local startups' potential customers of taking advantage of recent financial investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC stated: "We have so much opting for us in the region: the low cost of energy, a very progressive government that is ahead in policy, regulation and data personal privacy; and really strong instructional organizations that are significantly looking at AI and ending up technical talent in AI."She included: "Our ultimate goal is to see this region, particularly the GCC, become an AI superpower.
Our greatest chauffeur right now is investing in skill, because in the AI race, it's the technical talent that truly wins.
"International development funds are coming in, which shows clear signs of maturity of the ecosystem The capability of the UAE and regional governments to bring in talent; their innovation-first method, abundance of capital here as well as inflow internationally are the essential foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of offers with the highest worths, with 250 "biggest ticket size" deals taped in 2025 in the nation.
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