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Verifying the growth of AI in the area, a report launched by PwC earlier this month said that the usage of AI among the workforce in the Middle East continues to increase, with 75 percent of staff members in the area using it in their tasks over the past 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's development in the innovation sector and said that 84 percent of CEOs in the nation are ready to deploy AI responsibly, well above the 76 percent worldwide benchmark, supported by the Kingdom's data governance environment, consisting of 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 permit experimentation and growth," said the report.
The Benefits for Strategic Excellence in 2026Leading magnate, policymakers and financiers from the GCC and Latin America recently explored how nations from the 2 areas can grow trade in between each other in Dubai, UAE.More than 500 local and international policymakers, presidents, CEOs, magnate, financiers, and market professionals participated in the very first Global Business 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 declaration from organisers said. Both regions rely on each other for vital items.
In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the region's total sugar imports, it added. Brazil is by far the largest trading partner for nations in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC relies on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for vehicles and Chile for wood products, said a statement.
The online forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how companies can benefit from the altering patterns of worldwide need and what function Dubai can play in facilitating the next action in service relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however globally too, by acting as an info and research study centre, by supplying service documentation, offering legal services, helping with networking opportunities by means of signature company events and providing nearly every imaginable service service, it mentioned.
GCC development will enhance in 2026, led by faster expansion in hydrocarbons; non-oil growth will stay strong however slow slightly. Non-oil activity will be supported by population growth, new markets, and public investment; inflation will stay soft, while monetary policy will loosen up. Hydrocarbons sector development will speed up, offsetting in part lower oil costs; fiscal balances will be combined, with surpluses in UAE and Qatar, however deficits continue somewhere else.
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 bring in funds and skill, said service 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 Venture Capital Appear Like", speakers agreed that the emerging regional investment landscape appears promising.
Forward-Thinking Operational Models for 2026 Markets
Responding to a concern on local startups' potential customers of benefiting from recent financial investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have so much going for us in the area: the low cost of energy, an extremely progressive federal government that is ahead in policy, policy and information personal privacy; and actually strong universities that are progressively looking at AI and turning out technical talent in AI."She added: "Our ultimate objective is to see this area, specifically the GCC, end up being an AI superpower.
Our greatest chauffeur today is investing in talent, since in the AI race, it's the technical skill that truly wins."Concentrating on the beauty of the region for investors, Christos Mastoras, Founder and Managing Partner of Iliad Partners, said: "I think we are really lucky to onboard the three biggest banks of Greece as LPs [Limited Partners] for investment in the region.
"International development funds are can be found in, which reveals clear indications of maturity of the environment The ability of the UAE and local federal governments to bring in skill; their innovation-first approach, abundance of capital here along with inflow internationally are the essential structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the variety of offers with the highest values, with 250 "largest ticket size" deals recorded in 2025 in the nation.
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