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Affirming the growth of AI in the region, a report launched by PwC earlier this month said that the use of AI amongst the labor force in the Middle East continues to rise, with 75 percent of employees in the area using it in their jobs over the previous 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 prepared to release AI responsibly, well above the 76 percent international standard, supported by the Kingdom's information governance community, consisting of nationwide efforts led by the Saudi Data and Expert System Authority.
Policymakers are thinking holistically about how to make the region appealing, consisting of having more practical laws to permit experimentation and growth," stated the report.
How to Pivot Your Business In the middle of Qatar's Legal ReformsTop magnate, policymakers and investors from the GCC and Latin America just recently explored 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, organization leaders, financiers, and industry specialists attended the first Global Organization 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 items from Latin America. And exports to Latin America from the region were $5.6 billion, a statement from organisers stated. Both regions rely on each other for vital items.
In 2015 Latin America provided almost half the meat imports into the GCC and 36 per cent of the region's overall sugar imports, it added. Brazil is without a doubt the largest trading partner for countries in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC counts on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for automobiles and Chile for wood products, stated a declaration.
The forum was organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", checks out how companies can take advantage of the changing patterns of international need and what function Dubai can play in helping with the next action in business relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but internationally too, by functioning as a details and research study centre, by offering business paperwork, providing legal services, helping with networking opportunities through signature business events and providing nearly every possible service service, it stated.
GCC growth will strengthen in 2026, led by faster growth in hydrocarbons; non-oil development will stay strong but slow somewhat. Non-oil activity will be supported by population growth, brand-new markets, 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 prices; fiscal balances will be mixed, with surpluses in UAE and Qatar, but deficits continue in other places.
SHARJAH (WAM) The GCC and wider 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 business leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel discussion on the very first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Look Like", speakers agreed that the emerging local financial investment landscape appears appealing.
How Emerging Saudi Centers Are Attracting Global InvestmentReacting to a concern on regional startups' prospects of taking advantage of recent financial investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have a lot opting for us in the area: the low expense of energy, a very progressive government that is ahead in policy, regulation and data privacy; and truly strong academic organizations that are significantly looking at AI and ending up technical talent in AI."She added: "Our supreme objective is to see this region, specifically the GCC, become an AI superpower.
Our greatest chauffeur right now is purchasing talent, due to the fact that in the AI race, it's the technical skill that really wins."Focusing on the beauty of the area for investors, Christos Mastoras, Founder and Handling Partner of Iliad Partners, stated: "I believe we are very lucky to onboard the three biggest banks of Greece as LPs [Limited Partners] for financial investment in the area.
"International growth funds are can be found in, which reveals clear indications of maturity of the ecosystem The capability of the UAE and local governments to bring in skill; their innovation-first method, abundance of capital here as well as inflow internationally are the essential foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the number of offers with the greatest values, with 250 "largest ticket size" deals tape-recorded in 2025 in the nation.
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