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Verifying the development of AI in the area, a report launched by PwC previously this month said that the usage of AI among the workforce in the Middle East continues to rise, with 75 percent of employees in the area using it in their jobs over the past 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's development in the technology sector and said that 84 percent of CEOs in the country are all set to deploy AI responsibly, well above the 76 percent worldwide standard, supported by the Kingdom's data governance community, including national initiatives led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are believing holistically about how to make the region attractive, consisting of having more pragmatic laws to enable experimentation and growth," stated the report.
Leading business leaders, policymakers and investors from the GCC and Latin America just recently explored how countries from the two regions can grow trade in between each other in Dubai, UAE.More than 500 local and worldwide policymakers, heads of state, CEOs, magnate, financiers, and market experts went to the very first Global Company 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 items from Latin America. And exports to Latin America from the area were $5.6 billion, a declaration from organisers said. Both areas count 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 added. 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 relies on Brazil for meat (generally poultry), Argentina for cereals, Mexico for vehicles and Chile for wood items, said a declaration.
The online forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how companies can benefit from the altering patterns of international need and what function Dubai can play in helping with the next action in service relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however worldwide too, by acting as an information and research centre, by offering organization paperwork, providing legal services, helping with networking opportunities via signature organization events and delivering almost every possible organization service, it specified.
GCC growth will enhance in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain solid but slow slightly. Non-oil activity will be supported by population growth, brand-new industries, and public investment; inflation will remain soft, while monetary policy will loosen. Hydrocarbons sector development will speed up, offsetting in part lower oil prices; financial balances will be mixed, with surpluses in UAE and Qatar, but deficits continue elsewhere.
SHARJAH (WAM) The GCC and larger Middle East region is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies bring in funds and talent, stated magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel conversation on the first day of SEF 2026 examining "What Does the Next Year of Equity Capital Look Like", speakers concurred that the emerging regional investment landscape appears promising.
Methods for Optimising GCC Strategy in 2026
Reacting to a concern on local startups' prospects of taking advantage of current investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have a lot opting for us in the region: the low expense of energy, an extremely progressive federal government that is ahead in policy, guideline and data personal privacy; and really strong instructional institutions that are significantly looking at AI and turning out technical skill in AI."She included: "Our ultimate objective is to see this region, particularly the GCC, end up being an AI superpower.
Our greatest driver right now is buying talent, due to the fact that in the AI race, it's the technical talent that really wins."Concentrating on the attractiveness of the area for financiers, Christos Mastoras, Creator and Managing Partner of Iliad Partners, said: "I believe we are very fortunate to onboard the 3 biggest banks of Greece as LPs [Limited Partners] for financial investment in the area.
"International growth funds are coming in, which reveals clear indications of maturity of the community The ability of the UAE and local federal governments to draw in skill; 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 variety of handle the highest worths, with 250 "biggest ticket size" offers taped in 2025 in the nation.
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