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Affirming the growth of AI in the area, a report launched by PwC previously this month said that the use of AI among the workforce in the Middle East continues to increase, with 75 percent of workers in the region using it in their jobs over the previous 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's progress in the innovation sector and stated that 84 percent of CEOs in the nation are prepared to release AI properly, well above the 76 percent global standard, supported by the Kingdom's information governance ecosystem, including national initiatives led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are thinking holistically about how to make the region appealing, consisting of having more practical laws to enable experimentation and growth," stated the report.

Leading magnate, policymakers and financiers from the GCC and Latin America recently checked out how countries from the 2 regions can grow trade between each other in Dubai, UAE.More than 500 local and global policymakers, presidents, CEOs, magnate, investors, and market professionals participated in the very first Global Company Online forum Latin America held at the Atlantis Palm - Dubai.

Evaluating Traditional Models and Future Business Frameworks

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 areas depend on each other for important products.

In 2015 Latin America supplied almost half the meat imports into the GCC and 36 per cent of the area's total sugar imports, it included. Brazil is without a doubt the largest trading partner for nations in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC relies on Brazil for meat (generally poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, stated a declaration.

The forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how services can gain from the altering patterns of worldwide demand and what role Dubai can play in facilitating the next step in company relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but globally too, by acting as an information and research study centre, by providing company documentation, using legal services, helping with networking chances through signature organization occasions and delivering nearly every possible organization service, it specified.

GCC growth will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil growth will stay solid but slow somewhat. Non-oil activity will be supported by population development, brand-new industries, and public financial investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector development will accelerate, balancing out in part lower oil rates; fiscal balances will be combined, with surpluses in UAE and Qatar, however deficits persist somewhere else.

Industrial Excellence: a Key Pillar for 2026 Success

SHARJAH (WAM) The GCC and wider Middle East region is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies drawing in funds and talent, stated business leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel discussion on the very first day of SEF 2026 analyzing "What Does the Next Year of Venture Capital Look Like", speakers concurred that the emerging local financial investment landscape appears promising.

ANSR July GCC PRs 50DR+

Responding to a concern on local startups' potential customers of gaining from current financial investments in digital facilities, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have a lot going for us in the area: the low cost of energy, an extremely progressive federal government that is ahead in policy, regulation and information personal privacy; and actually strong universities that are significantly looking at AI and ending up technical skill in AI."She added: "Our ultimate objective is to see this area, specifically the GCC, end up being an AI superpower.

Our biggest driver right now is investing in talent, because in the AI race, it's the technical talent that actually wins."Focusing on the beauty of the area for financiers, Christos Mastoras, Creator and Managing Partner of Iliad Partners, said: "I believe we are extremely lucky to onboard the 3 largest banks of Greece as LPs [Limited Partners] for investment in the area.

"International growth funds are coming in, which shows clear signs of maturity of the community The ability of the UAE and local governments to draw in skill; their innovation-first approach, abundance of capital here in addition to inflow worldwide are the essential foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the variety of handle the greatest worths, with 250 "largest ticket size" offers recorded in 2025 in the country.