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Verifying the growth of AI in the region, a report launched by PwC earlier this month said that the use of AI among the workforce in the Middle East continues to rise, with 75 percent of employees 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 nation are ready to release AI responsibly, well above the 76 percent worldwide standard, supported by the Kingdom's information governance ecosystem, consisting of national efforts led by the Saudi Data and Expert System Authority.
Policymakers are thinking holistically about how to make the area attractive, including having more pragmatic laws to enable experimentation and growth," stated the report.
Industrial Excellence: a Strategic Pillar for 2026 SuccessTop magnate, policymakers and investors from the GCC and Latin America recently checked out how nations from the 2 areas can grow trade in between each other in Dubai, UAE.More than 500 local and international policymakers, heads of state, CEOs, magnate, financiers, and industry specialists 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 products from Latin America. And exports to Latin America from the region were $5.6 billion, a declaration from organisers stated. Both regions count on each other for necessary items.
In 2015 Latin America provided almost half the meat imports into the GCC and 36 per cent of the area's total sugar imports, it added. Brazil is by far the largest trading partner for nations in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for lorries and Chile for wood items, stated a declaration.
The forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how businesses can gain from the altering patterns of international demand and what role Dubai can play in facilitating the next action in company relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however worldwide too, by acting as a details and research centre, by offering organization documents, offering legal services, assisting in networking opportunities via signature organization events and delivering nearly every conceivable organization service, it specified.
GCC growth will enhance in 2026, led by faster expansion in hydrocarbons; non-oil development will stay solid but sluggish somewhat. Non-oil activity will be supported by population development, new markets, and public investment; inflation will stay soft, while monetary policy will loosen up. Hydrocarbons sector growth will accelerate, offsetting in part lower oil costs; financial balances will be blended, with surpluses in UAE and Qatar, but deficits persist elsewhere.
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 federal government policies bring in funds and talent, stated magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel conversation on the first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Look Like", speakers concurred that the emerging local financial investment landscape appears promising.
Industrial Excellence: a Strategic Pillar for 2026 SuccessReacting to a concern on local start-ups' potential customers of gaining from current financial investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have a lot going for us in the region: the low expense of energy, a really progressive federal government that is ahead in policy, regulation and information privacy; and actually strong instructional organizations that are progressively taking a look at AI and ending up technical skill in AI."She included: "Our supreme objective is to see this area, specifically the GCC, become an AI superpower.
Our greatest driver right now is buying talent, because in the AI race, it's the technical talent that truly wins."Concentrating on the appearance of the area for investors, Christos Mastoras, Founder and Handling Partner of Iliad Partners, stated: "I believe we are very fortunate to onboard the 3 biggest banks of Greece as LPs [Limited Partners] for investment in the region.
"International development funds are coming in, which reveals clear indications of maturity of the ecosystem The capability of the UAE and regional federal governments to attract skill; their innovation-first method, abundance of capital here along with inflow worldwide are the essential foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of handle the highest worths, with 250 "biggest ticket size" offers tape-recorded in 2025 in the country.
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