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Verifying the development of AI in the region, a report released by PwC previously this month stated that the use of AI among the labor force in the Middle East continues to increase, with 75 percent of employees in the region using it in their jobs 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 country are all set to release AI properly, well above the 76 percent international benchmark, supported by the Kingdom's information governance ecosystem, consisting of nationwide efforts led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are believing holistically about how to make the area attractive, including having more pragmatic laws to enable experimentation and development," said the report.

Leading company leaders, policymakers and financiers from the GCC and Latin America just recently explored how nations from the 2 regions can grow trade between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, heads of state, CEOs, magnate, financiers, and industry specialists went to the first Global Business 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 items from Latin America. And exports to Latin America from the region were $5.6 billion, a statement from organisers said. Both areas rely on each other for essential products.

In 2015 Latin America provided almost half the meat imports into the GCC and 36 per cent of the region's total sugar imports, it included. Brazil is by far the largest trading partner for nations in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC relies on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for automobiles and Chile for wood items, stated a declaration.

The online forum was arranged by the Dubai Chamber of Commerce under the style "Shifting Synergies", explores how organizations can benefit from the altering patterns of global demand and what role Dubai can play in assisting in the next action in business relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however worldwide too, by serving as a details and research centre, by providing service documents, providing legal services, helping with networking opportunities by means of signature company events and delivering practically every conceivable company solution, it stated.

GCC growth will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil growth will stay strong but slow a little. Non-oil activity will be supported by population development, brand-new industries, and public investment; inflation will remain soft, while monetary policy will loosen. Hydrocarbons sector growth will accelerate, balancing out in part lower oil prices; fiscal balances will be mixed, with surpluses in UAE and Qatar, however deficits persist in other places.

Emerging Future Shifts Shaping the 2026 GCC Market

SHARJAH (WAM) The GCC and larger 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 drawing in funds and talent, stated organization leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel conversation on the very first day of SEF 2026 examining "What Does the Next Year of Endeavor Capital Appear Like", speakers concurred that the emerging regional investment landscape appears promising.

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Responding to a concern on regional startups' potential customers of taking advantage of current financial investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have so much going for us in the region: the low cost of energy, a really progressive federal government that is ahead in policy, policy and information privacy; and really strong universities that are significantly taking a look at AI and ending up technical skill in AI."She included: "Our ultimate objective is to see this area, particularly the GCC, become an AI superpower.

Our biggest driver right now is investing in talent, due to the fact that in the AI race, it's the technical skill that truly wins.

"International growth funds are can be found in, which shows clear signs of maturity of the environment The capability of the UAE and regional federal governments to bring in talent; their innovation-first method, abundance of capital here in addition to inflow globally are the crucial foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the number of handle the greatest values, with 250 "biggest ticket size" deals tape-recorded in 2025 in the nation.