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Verifying the growth of AI in the area, a report released by PwC previously this month stated that the use of AI amongst the workforce in the Middle East continues to rise, with 75 percent of workers in the region using 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 stated that 84 percent of CEOs in the nation are prepared to release AI responsibly, well above the 76 percent global criteria, supported by the Kingdom's data governance ecosystem, consisting of national initiatives led by the Saudi Data and Expert System Authority.
Policymakers are believing holistically about how to make the region appealing, including having more practical laws to permit for experimentation and growth," said the report.
Strategic Strategy for Regional LeadershipTop magnate, policymakers and financiers from the GCC and Latin America recently checked out how nations from the 2 regions can grow trade in between each other in Dubai, UAE.More than 500 local and international policymakers, presidents, CEOs, magnate, financiers, and market professionals went to the very first Global Company 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 region were $5.6 billion, a declaration from organisers said. Both regions depend on each other for essential products.
In 2015 Latin America provided nearly half the meat imports into the GCC and 36 per cent of the region's total sugar imports, it included. Brazil is without a doubt the biggest trading partner for countries in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC depends on Brazil for meat (generally poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, said a declaration.
The online forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how organizations can benefit from the changing patterns of international need and what function Dubai can play in assisting in the next action in company relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but worldwide too, by serving as an information and research centre, by providing service paperwork, providing legal services, helping with networking chances via signature business events and delivering almost every imaginable service solution, it stated.
GCC growth will enhance in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain strong however sluggish somewhat. Non-oil activity will be supported by population growth, new industries, and public investment; inflation will stay soft, while financial policy will loosen up. Hydrocarbons sector growth will accelerate, offsetting in part lower oil rates; financial balances will be mixed, with surpluses in UAE and Qatar, but deficits persist elsewhere.
SHARJAH (WAM) The GCC and broader 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 skill, said 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 Appear Like", speakers agreed that the emerging local investment landscape appears promising.
Strategic Strategy for Regional Leadership
Reacting to a question on local startups' potential customers of benefiting from current investments in digital facilities, Tala Al Jabri, Founder and Handling Partner of Wyld VC said: "We have a lot going for us in the area: the low cost of energy, an extremely progressive federal government that is ahead in policy, guideline and data privacy; and really strong universities that are increasingly taking a look at AI and turning out technical talent in AI."She added: "Our supreme objective is to see this area, particularly the GCC, end up being an AI superpower.
Our greatest chauffeur right now is investing in talent, because in the AI race, it's the technical skill that actually wins."Concentrating on the attractiveness of the area for investors, Christos Mastoras, Founder and Handling Partner of Iliad Partners, stated: "I think we are really fortunate to onboard the three biggest banks of Greece as LPs [Limited Partners] for financial investment in the region.
"International development funds are coming in, which shows clear signs of maturity of the community The capability of the UAE and regional governments to draw in skill; their innovation-first method, abundance of capital here along with inflow globally are the key structure blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the number of deals with the greatest worths, with 250 "largest ticket size" offers taped in 2025 in the country.
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