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Verifying the development of AI in the region, a report launched by PwC earlier this month said that the usage of AI among the workforce in the Middle East continues to increase, with 75 percent of staff members in the area utilizing it in their tasks over the past 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's progress in the technology sector and stated that 84 percent of CEOs in the country are all set to deploy AI responsibly, well above the 76 percent worldwide benchmark, supported by the Kingdom's information 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 practical laws to permit for experimentation and development," stated the report.

Top magnate, policymakers and financiers from the GCC and Latin America just recently checked out how countries from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 local and international policymakers, heads of state, CEOs, magnate, financiers, and market specialists went to the very first Global Organization Forum Latin America held at the Atlantis Palm - Dubai.

How to Optimise GCC Strategy in 2026

In 2015 the GCC comprised of the UAE, Bahrain, Kuwait, Oman, Qatar and Saudi Arabia, imported $11 billion worth of items from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers said. Both regions rely on each other for essential items.

In 2015 Latin America provided nearly half the meat imports into the GCC and 36 per cent of the region's overall sugar imports, it added. Brazil is without a doubt the biggest trading partner for countries in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for automobiles and Chile for wood items, said a declaration.

The online forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how services can take advantage of the altering patterns of worldwide demand and what function Dubai can play in helping with the next action in business relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but worldwide too, by serving as a details and research centre, by offering organization documents, offering legal services, assisting in networking opportunities by means of signature service events and delivering almost every possible service service, it specified.

GCC development will enhance in 2026, led by faster growth in hydrocarbons; non-oil development will stay solid however sluggish somewhat. Non-oil activity will be supported by population growth, brand-new markets, and public investment; inflation will stay 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.

The Strategic Advantages of Advanced Market Research

SHARJAH (WAM) The GCC and broader Middle East area is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies bring in funds and skill, said company leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel discussion on the first day of SEF 2026 taking a look at "What Does the Next Year of Venture Capital Look Like", speakers agreed that the emerging local investment landscape appears promising.

ANSR July GCC PRs 50DR+

Reacting to a concern on local start-ups' potential customers of gaining from recent financial investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have so much going for 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 educational organizations that are significantly taking a look at AI and ending up technical talent in AI."She included: "Our supreme objective is to see this area, specifically the GCC, end up being an AI superpower.

Our greatest motorist right now is investing in talent, due to the fact that in the AI race, it's the technical talent that actually wins.

"International growth 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 talent; their innovation-first method, abundance of capital here along with inflow worldwide are the essential building blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the variety of handle the highest worths, with 250 "largest ticket size" deals recorded in 2025 in the nation.