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Affirming the development of AI in the area, a report released by PwC previously this month said that the usage of AI among the workforce in the Middle East continues to increase, with 75 percent of workers in the region utilizing it in their tasks over the previous 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's progress in the technology sector and said that 84 percent of CEOs in the country are prepared to release AI properly, well above the 76 percent international standard, supported by the Kingdom's data governance environment, including nationwide initiatives led by the Saudi Data and Expert System Authority.
Policymakers are thinking holistically about how to make the region attractive, consisting of having more pragmatic laws to enable experimentation and development," stated the report.
Enterprise Agility for the Changing GCC LandscapeLeading magnate, policymakers and investors from the GCC and Latin America just recently explored how nations from the 2 areas can grow trade in between each other in Dubai, UAE.More than 500 regional and international policymakers, heads of state, CEOs, company leaders, financiers, and industry professionals went to the very first Global Organization Online 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 count on each other for vital items.
In 2015 Latin America provided almost half the meat imports into the GCC and 36 percent of the area's total sugar imports, it added. Brazil is without a doubt the biggest trading partner for countries in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC relies on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for vehicles and Chile for wood items, said a declaration.
The forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how organizations can gain from the altering patterns of worldwide demand and what function Dubai can play in facilitating the next step in service relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however globally too, by acting as an info and research study centre, by offering company documents, providing legal services, helping with networking chances through signature service events and providing almost every possible business solution, it specified.
GCC growth will enhance in 2026, led by faster expansion in hydrocarbons; non-oil development will stay strong but sluggish 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 accelerate, offsetting in part lower oil rates; financial balances will be mixed, with surpluses in UAE and Qatar, but deficits persist elsewhere.
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 government policies attracting funds and skill, said magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel discussion on the first day of SEF 2026 analyzing "What Does the Next Year of Venture Capital Look Like", speakers agreed that the emerging regional investment landscape appears appealing.
Enterprise Agility for the Changing GCC LandscapeReacting to a question on local startups' potential customers of gaining from current financial investments in digital facilities, Tala Al Jabri, Creator 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 data privacy; and truly strong academic organizations that are significantly taking a look at AI and ending up technical skill in AI."She included: "Our ultimate goal is to see this region, particularly the GCC, become an AI superpower.
Our biggest driver right now is investing in skill, because in the AI race, it's the technical talent that really wins.
"International growth funds are coming in, which reveals clear indications of maturity of the ecosystem The capability of the UAE and regional governments to draw in skill; their innovation-first approach, abundance of capital here in addition to inflow internationally are the crucial structure blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the number of deals with the highest values, with 250 "biggest ticket size" deals recorded in 2025 in the country.
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