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Verifying the growth of AI in the region, a report launched by PwC previously this month said that the use of AI among the labor force in the Middle East continues to increase, with 75 percent of workers in the region utilizing it in their jobs over the past 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's progress in the technology sector and said that 84 percent of CEOs in the country are ready to release AI responsibly, well above the 76 percent international benchmark, supported by the Kingdom's information governance environment, consisting of national initiatives led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are thinking holistically about how to make the region appealing, consisting of having more practical laws to enable experimentation and growth," stated the report.
Preparing the UAE Workforce for the 2026 Digital ShiftTop business leaders, policymakers and financiers from the GCC and Latin America recently explored how countries from the two regions can grow trade between each other in Dubai, UAE.More than 500 local and international policymakers, presidents, CEOs, magnate, financiers, and industry professionals attended 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 goods from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers said. Both areas count on each other for vital products.
In 2015 Latin America provided nearly half the meat imports into the GCC and 36 per cent of the area's overall sugar imports, it added. Brazil is by far the biggest trading partner for nations in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC relies on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for lorries and Chile for wood items, stated a statement.
The forum was organised by the Dubai Chamber of Commerce under the style "Moving Synergies", checks out how companies can take advantage of the altering patterns of worldwide demand and what role Dubai can play in facilitating 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 an info and research study centre, by providing company documentation, providing legal services, facilitating networking chances via signature organization events and providing almost every conceivable organization solution, it stated.
GCC growth will enhance in 2026, led by faster growth in hydrocarbons; non-oil growth will remain solid however slow slightly. Non-oil activity will be supported by population development, brand-new industries, and public investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector growth will speed up, balancing out in part lower oil prices; fiscal balances will be combined, with surpluses in UAE and Qatar, but deficits persist elsewhere.
SHARJAH (WAM) The GCC and larger Middle East region is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies bring in funds and skill, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel discussion on the very first day of SEF 2026 examining "What Does the Next Year of Equity Capital Appear Like", speakers concurred that the emerging local investment landscape appears appealing.
How Outsourcing Can Accelerate Your 2026 GCC DevelopmentReacting to a question on local startups' prospects of gaining from current financial investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC stated: "We have a lot opting for us in the region: the low cost of energy, an extremely progressive federal government that is ahead in policy, policy and information privacy; and actually strong academic organizations that are increasingly taking a look at AI and turning out technical skill in AI."She added: "Our supreme objective is to see this area, specifically the GCC, end up being an AI superpower.
Our biggest chauffeur right now is investing in skill, since in the AI race, it's the technical skill that actually wins."Concentrating on the beauty of the region for financiers, Christos Mastoras, Creator and Handling Partner of Iliad Partners, stated: "I think we are extremely lucky to onboard the three largest banks of Greece as LPs [Limited Partners] for investment in the region.
"International growth funds are coming in, which shows clear indications of maturity of the community The ability of the UAE and regional federal governments to draw in skill; their innovation-first method, abundance of capital here along with inflow worldwide are the crucial structure blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the variety of deals with the greatest values, with 250 "largest ticket size" deals recorded in 2025 in the country.
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