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Verifying the development of AI in the area, a report launched by PwC earlier this month said that the usage of AI among the workforce in the Middle East continues to increase, with 75 percent of employees in the region using it in their jobs over the past 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's progress in the innovation sector and said that 84 percent of CEOs in the nation are prepared to deploy AI properly, well above the 76 percent international benchmark, supported by the Kingdom's information governance community, including national initiatives led by the Saudi Data and Expert System Authority.
Policymakers are believing holistically about how to make the area appealing, including having more practical laws to enable experimentation and development," stated the report.
Actionable Tips for Navigating the 2026 GCC LandscapeTop magnate, policymakers and investors from the GCC and Latin America just recently checked out how nations from the 2 areas can grow trade in between each other in Dubai, UAE.More than 500 regional and global policymakers, presidents, CEOs, service leaders, financiers, and market specialists attended the first Global Service 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 area were $5.6 billion, a declaration from organisers stated. Both regions depend on each other for important items.
In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the area's total sugar imports, it included. Brazil is by far the largest trading partner for countries in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC depends on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for automobiles and Chile for wood products, said a statement.
The online forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how services can take advantage of the altering patterns of global demand and what function Dubai can play in facilitating the next step 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 centre, by providing business paperwork, providing legal services, assisting in networking chances through signature business occasions and delivering nearly every conceivable business service, it specified.
GCC growth will enhance in 2026, led by faster growth in hydrocarbons; non-oil development will remain strong however sluggish slightly. Non-oil activity will be supported by population growth, new industries, and public financial investment; inflation will remain soft, while financial policy will loosen. Hydrocarbons sector growth will speed up, balancing out in part lower oil costs; financial balances will be mixed, with surpluses in UAE and Qatar, however deficits continue somewhere else.
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 government policies attracting funds and talent, said company leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel conversation on the first day of SEF 2026 taking a look at "What Does the Next Year of Venture Capital Appear Like", speakers concurred that the emerging local investment landscape appears promising.
Mapping Regional Corporate Strategy for 2026
Responding to a question on local start-ups' prospects of taking advantage of recent financial investments in digital facilities, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have so much opting for us in the area: the low expense of energy, a really progressive federal government that is ahead in policy, policy and data privacy; and truly strong educational institutions that are progressively looking at AI and ending up technical talent in AI."She added: "Our supreme objective is to see this region, specifically the GCC, end up being an AI superpower.
Our greatest driver right now is investing in talent, due to the fact that in the AI race, it's the technical skill that truly wins.
"International development funds are can be found in, which shows clear indications of maturity of the environment The capability of the UAE and regional governments to bring in skill; their innovation-first approach, abundance of capital here along with inflow globally are the key foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the number of handle the greatest values, with 250 "biggest ticket size" deals tape-recorded in 2025 in the country.
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