How to Optimise GCC Operations in 2026

Affirming the development of AI in the region, a report launched by PwC previously this month stated that the use of AI amongst the workforce in the Middle East continues to increase, with 75 percent of staff members in the region using it in their tasks over the past 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's development in the innovation sector and said that 84 percent of CEOs in the country are ready to deploy AI properly, well above the 76 percent worldwide benchmark, supported by the Kingdom's information governance ecosystem, 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 permit experimentation and development," stated the report.

Top company leaders, policymakers and financiers from the GCC and Latin America recently checked out how countries from the two regions can grow trade between each other in Dubai, UAE.More than 500 local and worldwide policymakers, presidents, CEOs, magnate, financiers, and industry professionals went to the first Global Service Online forum Latin America held at the Atlantis Palm - Dubai.

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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 area were $5.6 billion, a declaration from organisers said. Both areas depend on each other for essential products.

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 by far 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 lorries and Chile for wood items, said a declaration.

The forum was arranged by the Dubai Chamber of Commerce under the style "Moving Synergies", checks out how services can take advantage of the altering patterns of global demand and what function Dubai can play in assisting in the next action in company relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but internationally too, by functioning as an information and research study centre, by offering organization documentation, providing legal services, assisting in networking opportunities through signature service events and providing nearly every possible service solution, it stated.

GCC growth will reinforce in 2026, led by faster growth in hydrocarbons; non-oil growth will stay solid but sluggish a little. Non-oil activity will be supported by population growth, new markets, and public investment; inflation will remain soft, while monetary policy will loosen up. Hydrocarbons sector growth will accelerate, balancing out in part lower oil prices; financial balances will be mixed, with surpluses in UAE and Qatar, but deficits continue elsewhere.

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SHARJAH (WAM) The GCC and wider Middle East area is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies bring in funds and talent, stated business leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel conversation 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 regional financial investment landscape appears appealing.

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Reacting to a question on regional startups' potential customers of taking advantage of recent financial investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "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, regulation and data personal privacy; and truly strong academic institutions that are significantly looking at AI and ending up technical talent in AI."She included: "Our supreme objective is to see this region, particularly the GCC, end up being an AI superpower.

Our greatest driver right now is investing in talent, because in the AI race, it's the technical talent that truly wins.

"International growth funds are coming in, which shows clear indications of maturity of the community The capability of the UAE and local governments to draw in talent; their innovation-first approach, abundance of capital here along with inflow globally 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 handle the highest worths, with 250 "biggest ticket size" offers taped in 2025 in the country.