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Verifying the growth of AI in the area, a report released by PwC previously this month said that the use of AI among the workforce in the Middle East continues to increase, with 75 percent of workers in the area utilizing it in their jobs over the previous 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's progress in the innovation sector and stated that 84 percent of CEOs in the country are all set to deploy AI responsibly, well above the 76 percent worldwide criteria, supported by the Kingdom's data governance ecosystem, including national initiatives led by the Saudi Data and Expert System Authority.
Policymakers are thinking holistically about how to make the region attractive, including having more practical laws to permit for experimentation and growth," stated the report.
How Is Operational Excellence Crucial for 2026 Expansion?Top magnate, policymakers and financiers from the GCC and Latin America just recently explored how nations from the two areas can grow trade between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, presidents, CEOs, magnate, investors, and industry specialists went to the first Global Service 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 area were $5.6 billion, a statement from organisers stated. Both regions depend on each other for necessary items.
In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the area's overall sugar imports, it included. Brazil is by far the largest trading partner for countries in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC counts on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for vehicles and Chile for wood products, stated a declaration.
The online forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how organizations can benefit from the changing patterns of worldwide need and what function Dubai can play in helping with the next step in business relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however internationally too, by serving as a details and research study centre, by supplying organization paperwork, using legal services, assisting in networking chances via signature service occasions and providing nearly every imaginable business solution, it specified.
GCC growth will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain strong however slow slightly. Non-oil activity will be supported by population growth, new markets, and public financial investment; inflation will stay soft, while financial policy will loosen. Hydrocarbons sector development will accelerate, balancing out in part lower oil prices; financial balances will be mixed, with surpluses in UAE and Qatar, but deficits continue in other places.
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 government policies drawing 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 analyzing "What Does the Next Year of Equity Capital Look Like", speakers agreed that the emerging local financial investment landscape appears appealing.
How to Scale Regional Strategy in 2026Reacting to a concern on local start-ups' potential customers of gaining from recent financial investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have a lot opting for us in the area: the low expense of energy, a very progressive federal government that is ahead in policy, policy and information privacy; and truly 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, specifically the GCC, become an AI superpower.
Our most significant driver right now is investing in skill, due to the fact that in the AI race, it's the technical talent that actually wins.
"International growth funds are coming in, which shows clear signs of maturity of the community The ability of the UAE and local federal governments to draw in skill; their innovation-first method, abundance of capital here along with inflow worldwide are the essential foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the variety of offers with the greatest values, with 250 "largest ticket size" deals recorded in 2025 in the nation.
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