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Affirming the growth of AI in the area, a report launched by PwC earlier this month stated that the usage of AI among the labor force in the Middle East continues to rise, with 75 percent of staff members in the region utilizing it in their jobs over the past 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 country are all set to deploy AI responsibly, well above the 76 percent international benchmark, supported by the Kingdom's data governance community, consisting of national initiatives led by the Saudi Data and Expert System Authority.

Policymakers are believing holistically about how to make the area appealing, consisting of having more practical laws to permit for experimentation and development," said the report.

Leading magnate, policymakers and financiers from the GCC and Latin America recently explored how nations from the 2 regions can grow trade in between each other in Dubai, UAE.More than 500 regional and global policymakers, presidents, CEOs, magnate, financiers, and market professionals went to the very first Global Business Forum Latin America held at the Atlantis Palm - Dubai.

How to Optimise Regional Strategy in 2026

In 2015 the GCC comprised 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 regions rely on each other for necessary products.

In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the area'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. Amongst the Latin American states, the GCC relies on Brazil for meat (generally poultry), Argentina for cereals, Mexico for vehicles and Chile for wood items, said a statement.

The online forum was organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", explores how businesses can gain from the changing patterns of global need and what function Dubai can play in facilitating the next step in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however globally too, by functioning as a details and research centre, by providing company documents, offering legal services, helping with networking chances via signature business occasions and providing almost every imaginable organization solution, it specified.

GCC development will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil development will stay solid however sluggish slightly. Non-oil activity will be supported by population growth, brand-new markets, and public financial investment; inflation will stay soft, while financial policy will loosen. Hydrocarbons sector growth will accelerate, balancing out in part lower oil costs; financial balances will be blended, with surpluses in UAE and Qatar, but deficits persist somewhere else.

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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 federal government policies attracting funds and talent, stated magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel discussion on the first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Look Like", speakers agreed that the emerging regional financial investment landscape appears promising.

ANSR July GCC PRs 50DR+

Reacting to a question on regional start-ups' prospects of gaining from current 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 expense of energy, a very progressive government that is ahead in policy, policy and information personal privacy; and really strong universities that are progressively 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 chauffeur today is buying skill, since in the AI race, it's the technical skill that really wins."Focusing on the attractiveness of the area for investors, Christos Mastoras, Creator and Handling Partner of Iliad Partners, stated: "I believe we are extremely fortunate to onboard the three largest banks of Greece as LPs [Limited Partners] for financial investment in the area.

"International growth funds are being available in, which shows clear signs of maturity of the environment The capability of the UAE and regional federal governments to bring in skill; their innovation-first technique, abundance of capital here in addition to inflow worldwide are the crucial foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of offers with the highest worths, with 250 "biggest ticket size" offers recorded in 2025 in the nation.