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Verifying the development 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 workers in the region utilizing it in their tasks over the past 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's progress in the technology sector and stated that 84 percent of CEOs in the country are ready to deploy AI responsibly, well above the 76 percent worldwide standard, supported by the Kingdom's data governance ecosystem, consisting of national efforts led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are believing holistically about how to make the region attractive, consisting of having more pragmatic laws to permit experimentation and development," stated the report.

Leading organization leaders, policymakers and investors from the GCC and Latin America just recently explored how countries from the two regions can grow trade between each other in Dubai, UAE.More than 500 regional and international policymakers, heads of state, CEOs, company leaders, investors, and industry professionals went to the first Global Company Forum Latin America held at the Atlantis Palm - Dubai.

Emerging Strategic Trends Defining the 2026 Regional Economy

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 area were $5.6 billion, a declaration from organisers stated. Both regions rely on each other for important items.

In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 percent of the region's overall sugar imports, it added. Brazil is by far the biggest trading partner for countries in the region, 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 arranged by the Dubai Chamber of Commerce under the style "Moving Synergies", explores how businesses can take advantage of the changing patterns of worldwide need and what function Dubai can play in helping with the next step in service relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but globally too, by acting as a details and research study centre, by offering business paperwork, using legal services, facilitating networking chances through signature service events and providing nearly every possible business solution, it stated.

GCC growth will reinforce in 2026, led by faster growth in hydrocarbons; non-oil development will remain strong however slow slightly. Non-oil activity will be supported by population growth, brand-new industries, and public financial investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector growth 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.

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SHARJAH (WAM) The GCC and larger 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 skill, stated magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel conversation on the first day of SEF 2026 examining "What Does the Next Year of Equity Capital Appear Like", speakers agreed that the emerging local financial investment landscape appears promising.

ANSR July GCC PRs 50DR+

Reacting to a question on local start-ups' potential customers of taking advantage of current investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have a lot opting for us in the region: the low cost of energy, a very progressive federal government that is ahead in policy, policy and information personal privacy; and really strong universities that are significantly taking a look at AI and turning out technical talent in AI."She added: "Our supreme objective is to see this region, particularly the GCC, end up being an AI superpower.

Our biggest chauffeur right now is buying skill, since in the AI race, it's the technical skill that truly wins."Focusing on the attractiveness of the area for investors, Christos Mastoras, Creator and Managing Partner of Iliad Partners, stated: "I believe we are extremely fortunate to onboard the 3 largest banks of Greece as LPs [Limited Partners] for financial investment in the region.

"International development funds are being available in, which reveals clear signs of maturity of the community The ability of the UAE and regional federal governments to attract skill; their innovation-first technique, abundance of capital here along with 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 handle the greatest worths, with 250 "largest ticket size" deals recorded in 2025 in the nation.