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Verifying the development of AI in the region, a report released by PwC earlier this month said that the use of AI amongst the workforce in the Middle East continues to rise, with 75 percent of workers in the area utilizing it in their jobs over the previous 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's development in the technology sector and said that 84 percent of CEOs in the nation are all set to deploy AI responsibly, well above the 76 percent global criteria, supported by the Kingdom's information governance community, consisting of national initiatives led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are believing holistically about how to make the region appealing, consisting of having more pragmatic laws to enable experimentation and development," stated the report.
Essential GCC Market Research Insights for 2026Leading magnate, policymakers and investors from the GCC and Latin America just recently explored how countries from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 local and global policymakers, heads of state, CEOs, magnate, investors, and industry experts went to the 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 products from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers said. Both areas rely on each other for vital items.
In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 percent of the region's overall sugar imports, it added. Brazil is without a doubt the largest trading partner for countries in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC relies on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for vehicles and Chile for wood products, stated a statement.
The online forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how services can take advantage of the altering patterns of worldwide demand and what role Dubai can play in facilitating the next action in business relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however worldwide too, by acting as a details and research study centre, by providing organization documentation, using legal services, assisting in networking chances by means of signature business occasions and delivering practically every conceivable company option, it stated.
GCC development will enhance in 2026, led by faster expansion in hydrocarbons; non-oil development will stay solid however slow a little. Non-oil activity will be supported by population growth, new industries, and public investment; inflation will remain soft, while financial policy will loosen. Hydrocarbons sector development will accelerate, balancing out in part lower oil prices; financial balances will be combined, with surpluses in UAE and Qatar, however deficits persist somewhere else.
SHARJAH (WAM) The GCC and wider Middle East area 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 skill, stated magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel discussion on the very first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Look Like", speakers agreed that the emerging local investment landscape appears appealing.
Reacting to a concern on regional startups' potential customers of benefiting from recent financial investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have a lot opting for us in the area: the low expense of energy, an extremely progressive federal government that is ahead in policy, guideline and information personal privacy; and really strong universities that are progressively looking at AI and ending up technical talent in AI."She included: "Our ultimate goal is to see this region, specifically the GCC, end up being an AI superpower.
Our greatest motorist today is purchasing talent, since in the AI race, it's the technical talent that actually wins."Focusing on the attractiveness of the area for investors, Christos Mastoras, Founder and Handling Partner of Iliad Partners, said: "I think we are extremely fortunate to onboard the 3 largest banks of Greece as LPs [Limited Partners] for financial investment in the region.
"International development funds are being available in, which shows clear indications of maturity of the community The capability of the UAE and local federal governments to bring in skill; their innovation-first approach, abundance of capital here along with inflow worldwide are the essential foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of offers with the greatest worths, with 250 "largest ticket size" deals tape-recorded in 2025 in the country.
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