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Affirming the growth of AI in the region, a report launched 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 employees in the region using it in their tasks over the previous 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's development in the technology sector and said that 84 percent of CEOs in the nation are prepared to release AI properly, well above the 76 percent international standard, supported by the Kingdom's information governance ecosystem, consisting of national efforts led by the Saudi Data and Expert System Authority.
Policymakers are thinking holistically about how to make the region appealing, including having more pragmatic laws to allow for experimentation and growth," stated the report.
How Does Operational Excellence Essential for 2026 Expansion?Leading magnate, policymakers and financiers from the GCC and Latin America just recently explored how countries from the two areas can grow trade between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, presidents, CEOs, business leaders, investors, and market specialists went to the very first Global Business Online forum Latin America held at the Atlantis Palm - Dubai.
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 region were $5.6 billion, a declaration from organisers said. Both regions rely on each other for vital items.
In 2015 Latin America supplied almost half the meat imports into the GCC and 36 percent of the area's overall sugar imports, it added. Brazil is by far the largest trading partner for nations in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC counts on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for lorries and Chile for wood items, stated a declaration.
The forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how businesses can take advantage of the altering patterns of global demand and what function Dubai can play in helping with the next action in service relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but worldwide too, by acting as an information and research centre, by supplying company documents, providing legal services, helping with networking opportunities by means of signature business occasions and providing practically every conceivable service solution, it stated.
GCC growth will reinforce in 2026, led by faster growth in hydrocarbons; non-oil development will stay solid but slow slightly. Non-oil activity will be supported by population growth, new markets, and public financial investment; inflation will remain soft, while monetary policy will loosen up. Hydrocarbons sector development will accelerate, balancing out in part lower oil prices; financial balances will be blended, 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 drawing in funds and skill, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel discussion on the very first day of SEF 2026 taking a look at "What Does the Next Year of Equity Capital Appear Like", speakers concurred that the emerging local investment landscape appears appealing.
Expanding Industrial Growth Across Dubai and the GCCReacting to a question on local startups' potential customers of taking advantage of current investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have a lot opting for us in the area: the low cost of energy, an extremely progressive federal government that is ahead in policy, regulation and information privacy; and really strong universities that are significantly looking at AI and turning out technical skill in AI."She included: "Our ultimate objective is to see this region, particularly the GCC, become an AI superpower.
Our biggest motorist right now is investing in talent, since in the AI race, it's the technical skill that truly wins.
"International growth funds are can be found in, which shows clear indications of maturity of the community The ability of the UAE and local federal governments to bring in skill; their innovation-first technique, abundance of capital here in addition to inflow internationally are the crucial foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of handle the greatest values, with 250 "biggest ticket size" deals recorded in 2025 in the nation.
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