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Affirming the growth of AI in the area, a report launched by PwC earlier this month said that the use of AI amongst the workforce in the Middle East continues to rise, with 75 percent of employees in the area using it in their tasks 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 country are ready to release AI properly, well above the 76 percent international standard, supported by the Kingdom's information governance community, including nationwide initiatives led by the Saudi Data and Expert System Authority.
Policymakers are thinking holistically about how to make the region attractive, including having more practical laws to permit experimentation and growth," stated the report.
Maximizing Corporate Efficiency Via Operational InnovationTop company leaders, policymakers and financiers from the GCC and Latin America recently checked out how countries from the two regions can grow trade in between each other in Dubai, UAE.More than 500 regional and international policymakers, heads of state, CEOs, company leaders, investors, and industry professionals attended the first Global Service Online forum Latin America held at the Atlantis Palm - Dubai.
In 2015 the GCC made up 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 statement from organisers said. Both areas rely on each other for essential items.
In 2015 Latin America supplied nearly 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 countries in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC counts on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, said a declaration.
The online forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how companies can benefit from the altering patterns of worldwide demand and what function Dubai can play in helping with the next step in company relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however worldwide too, by functioning as an info and research centre, by supplying business documentation, offering legal services, facilitating networking opportunities by means of signature service occasions and delivering nearly every conceivable company option, it mentioned.
GCC growth will reinforce in 2026, led by faster growth in hydrocarbons; non-oil development will remain solid however slow somewhat. Non-oil activity will be supported by population development, brand-new industries, and public investment; inflation will stay soft, while financial policy will loosen up. Hydrocarbons sector growth will accelerate, offsetting in part lower oil prices; financial balances will be blended, with surpluses in UAE and Qatar, however deficits persist elsewhere.
SHARJAH (WAM) The GCC and broader 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 bring in funds and skill, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel conversation on the first day of SEF 2026 analyzing "What Does the Next Year of Venture Capital Look Like", speakers agreed that the emerging regional financial investment landscape appears appealing.

Reacting to a concern on local start-ups' potential customers of gaining from current financial investments in digital infrastructure, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have a lot going for us in the area: the low cost of energy, an extremely progressive government that is ahead in policy, regulation and data privacy; and truly strong universities that are significantly looking at AI and ending up technical skill in AI."She included: "Our supreme objective is to see this area, specifically the GCC, end up being an AI superpower.
Our most significant motorist right now is investing in talent, due to the fact that in the AI race, it's the technical skill that actually wins.
"International development funds are can be found in, which reveals clear indications of maturity of the community The ability of the UAE and local governments to draw in skill; their innovation-first method, abundance of capital here along with inflow worldwide are the key foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the number of handle the highest values, with 250 "biggest ticket size" offers recorded in 2025 in the country.
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