Predicting the 2026 GCC Business Environment thumbnail

Predicting the 2026 GCC Business Environment

Published Aug 24, 26
4 min read


Verifying the growth of AI in the region, a report released by PwC earlier this month stated that the use of AI among the workforce in the Middle East continues to rise, with 75 percent of staff members in the area using it in their jobs over the previous 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's development in the technology sector and stated that 84 percent of CEOs in the nation are ready to release AI properly, well above the 76 percent international benchmark, supported by the Kingdom's data governance community, including nationwide initiatives led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are believing holistically about how to make the region appealing, including having more pragmatic laws to enable experimentation and development," said the report.

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Top organization leaders, policymakers and investors from the GCC and Latin America just recently checked out how countries from the two regions can grow trade between each other in Dubai, UAE.More than 500 local and international policymakers, presidents, CEOs, magnate, investors, and industry specialists went to the first Global Service Online forum Latin America held at the Atlantis Palm - Dubai.

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In 2015 the GCC made up 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 stated. Both regions count on each other for vital products.

In 2015 Latin America provided nearly half the meat imports into the GCC and 36 per cent of the region's total sugar imports, it added. Brazil is without a doubt the biggest trading partner for nations in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC counts on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for lorries and Chile for wood items, said a declaration.

The online forum was arranged by the Dubai Chamber of Commerce under the style "Moving Synergies", checks out how services can gain from the changing patterns of international need and what role Dubai can play in facilitating the next action in company relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but worldwide too, by serving as an info and research study centre, by providing business documentation, offering legal services, facilitating networking opportunities through signature organization events and providing practically every possible company solution, it specified.

GCC development will enhance in 2026, led by faster expansion in hydrocarbons; non-oil development will remain solid however sluggish a little. Non-oil activity will be supported by population development, new industries, and public investment; inflation will stay soft, while financial policy will loosen up. 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 continue in other places.

Emerging Future Trends Shaping the 2026 GCC Economy

SHARJAH (WAM) The GCC and wider 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 bring in funds and talent, said company leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel discussion on the very first day of SEF 2026 taking a look at "What Does the Next Year of Equity Capital Look Like", speakers concurred that the emerging regional investment landscape appears appealing.

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Responding to a concern on regional start-ups' potential customers of benefiting from current financial investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have a lot opting for us in the area: the low expense of energy, an extremely progressive federal government that is ahead in policy, guideline and data privacy; and truly strong universities that are progressively taking a look at AI and ending up technical skill in AI."She added: "Our ultimate objective is to see this area, specifically the GCC, become an AI superpower.

Our greatest driver today is purchasing talent, due to the fact that in the AI race, it's the technical skill that truly wins."Concentrating on the attractiveness of the area for investors, Christos Mastoras, Founder and Managing Partner of Iliad Partners, stated: "I think we are very lucky to onboard the three biggest banks of Greece as LPs [Limited Partners] for investment in the region.

"International growth 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 technique, abundance of capital here as well as inflow worldwide are the key structure blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the number of handle the highest values, with 250 "largest ticket size" offers taped in 2025 in the nation.

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