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Affirming the development of AI in the region, a report released by PwC previously this month stated that the use of AI among the workforce in the Middle East continues to rise, with 75 percent of employees in the region utilizing it in their jobs over the past 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's development in the technology sector and said that 84 percent of CEOs in the country are prepared to release AI responsibly, well above the 76 percent international benchmark, supported by the Kingdom's information governance community, including nationwide efforts led by the Saudi Data and Expert System Authority.

Policymakers are believing holistically about how to make the region attractive, including having more pragmatic laws to permit experimentation and development," stated the report.

Leading company leaders, policymakers and investors from the GCC and Latin America just recently checked out how nations 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 experts attended the very first Global Organization Online forum Latin America held at the Atlantis Palm - Dubai.

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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 region were $5.6 billion, a declaration from organisers said. Both regions rely on each other for essential products.

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 biggest trading partner for countries in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC counts on Brazil for meat (generally poultry), Argentina for cereals, Mexico for automobiles and Chile for wood items, stated a declaration.

The forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how organizations 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 but worldwide too, by functioning as a details and research study centre, by offering business documentation, offering legal services, assisting in networking opportunities through signature business events and delivering nearly every imaginable company service, it stated.

GCC development will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil development will stay strong but sluggish a little. Non-oil activity will be supported by population growth, new markets, and public investment; inflation will remain soft, while financial policy will loosen up. Hydrocarbons sector development will accelerate, balancing out in part lower oil costs; financial balances will be mixed, with surpluses in UAE and Qatar, however deficits persist elsewhere.

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SHARJAH (WAM) The GCC and larger 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 attracting funds and skill, said business leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel conversation on the first day of SEF 2026 taking a look at "What Does the Next Year of Equity Capital Look Like", speakers agreed that the emerging regional financial investment landscape appears appealing.

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Reacting to a concern on local start-ups' potential customers of taking advantage of recent financial investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC said: "We have a lot choosing us in the area: the low expense of energy, a very progressive federal government that is ahead in policy, policy and information personal privacy; and actually strong universities that are significantly taking a look at AI and turning out technical skill in AI."She added: "Our ultimate goal is to see this region, particularly the GCC, end up being an AI superpower.

Our biggest driver right now is purchasing talent, because in the AI race, it's the technical talent that really wins."Focusing on the attractiveness of the area for investors, Christos Mastoras, Founder and Managing Partner of Iliad Partners, stated: "I believe we are very fortunate to onboard the three biggest banks of Greece as LPs [Limited Partners] for investment in the area.

"International growth funds are can be found in, which shows clear signs of maturity of the ecosystem The capability of the UAE and local governments to attract talent; 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 stated that within the region, Saudi Arabia is leading the number of deals with the highest values, with 250 "biggest ticket size" deals recorded in 2025 in the nation.