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Verifying the growth of AI in the area, a report released by PwC previously this month stated that the usage of AI among the workforce in the Middle East continues to increase, with 75 percent of staff members in the region using it in their jobs over the past 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's development in the innovation sector and said that 84 percent of CEOs in the country are all set to deploy AI properly, well above the 76 percent international standard, supported by the Kingdom's data governance community, including national efforts led by the Saudi Data and Expert System Authority.
Policymakers are thinking holistically about how to make the area appealing, consisting of having more pragmatic laws to permit for experimentation and development," stated the report.
Predicting the Next GCC Business EnvironmentLeading magnate, policymakers and investors from the GCC and Latin America recently explored how nations from the 2 regions can grow trade between each other in Dubai, UAE.More than 500 regional and global policymakers, heads of state, CEOs, service leaders, financiers, and market specialists participated in the very first Global Service 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 areas count on each other for necessary products.
In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 percent of the area's total sugar imports, it added. Brazil is without a doubt the largest trading partner for nations in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC relies on Brazil for meat (generally poultry), Argentina for cereals, Mexico for vehicles and Chile for wood products, said a statement.
The forum was arranged by the Dubai Chamber of Commerce under the style "Shifting Synergies", explores how services can take advantage of the changing patterns of international need and what role Dubai can play in helping with 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 functioning as an information and research centre, by offering business documents, offering legal services, assisting in networking chances through signature company occasions and providing nearly every conceivable service solution, it mentioned.
GCC growth will enhance in 2026, led by faster expansion in hydrocarbons; non-oil growth will stay strong however sluggish a little. Non-oil activity will be supported by population development, brand-new markets, and public investment; inflation will remain soft, while monetary policy will loosen. Hydrocarbons sector growth will accelerate, balancing out in part lower oil rates; financial balances will be combined, with surpluses in UAE and Qatar, but deficits persist in other places.
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 government policies bring in funds and skill, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel conversation on the very 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.
How to Successfully Deploy Future Strategies for 2026
Reacting to a concern on local start-ups' potential customers of benefiting from recent financial investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC said: "We have so much opting for us in the area: the low expense of energy, a very progressive government that is ahead in policy, guideline and data privacy; and actually strong academic institutions that are progressively taking a look at AI and turning out technical talent in AI."She included: "Our supreme objective is to see this region, particularly the GCC, become an AI superpower.
Our greatest chauffeur right now is investing in talent, since in the AI race, it's the technical talent that actually wins.
"International growth funds are being available in, which reveals clear indications of maturity of the community The ability of the UAE and local governments to attract skill; their innovation-first method, abundance of capital here in addition to inflow globally are the crucial foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the number of handle the greatest worths, with 250 "largest ticket size" deals recorded in 2025 in the country.
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