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Verifying the growth of AI in the area, a report released by PwC earlier this month stated that the use of AI among the labor force in the Middle East continues to increase, with 75 percent of workers in the region using it in their jobs over the past 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's progress in the technology sector and stated that 84 percent of CEOs in the nation are ready to release AI responsibly, well above the 76 percent international criteria, supported by the Kingdom's information governance ecosystem, consisting of nationwide efforts led by the Saudi Data and Expert System Authority.
Policymakers are believing holistically about how to make the area appealing, including having more pragmatic laws to enable experimentation and growth," stated the report.
Top service leaders, policymakers and investors from the GCC and Latin America recently explored how countries from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 regional and international policymakers, heads of state, CEOs, service leaders, financiers, and market specialists participated in the 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 items from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers stated. Both areas count on each other for necessary items.
In 2015 Latin America supplied almost half the meat imports into the GCC and 36 percent of the area's overall sugar imports, it added. Brazil is by far the biggest trading partner for countries in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC relies on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for lorries and Chile for wood items, said a declaration.
The forum was organised by the Dubai Chamber of Commerce under the style "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 action in company relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but globally too, by acting as a details and research centre, by offering service paperwork, providing legal services, facilitating networking chances by means of signature organization events and providing nearly every imaginable organization solution, it mentioned.
GCC growth will enhance in 2026, led by faster expansion in hydrocarbons; non-oil development will stay solid but sluggish slightly. Non-oil activity will be supported by population growth, new markets, and public investment; inflation will remain soft, while monetary policy will loosen up. Hydrocarbons sector growth will speed up, offsetting in part lower oil prices; fiscal balances will be blended, with surpluses in UAE and Qatar, but deficits continue somewhere else.
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 skill, stated company leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the first day of SEF 2026 taking a look at "What Does the Next Year of Endeavor Capital Look Like", speakers concurred that the emerging local financial investment landscape appears appealing.

Reacting to a question on regional start-ups' potential customers of taking advantage of current financial investments in digital infrastructure, Tala Al Jabri, Creator and Managing Partner of Wyld VC stated: "We have so much choosing us in the region: the low expense of energy, an extremely progressive federal government that is ahead in policy, regulation and information privacy; and actually strong instructional institutions that are increasingly looking at AI and turning out technical talent in AI."She added: "Our supreme objective is to see this area, specifically the GCC, become an AI superpower.
Our greatest chauffeur right now is investing in talent, because in the AI race, it's the technical talent that really wins.
"International growth funds are coming in, which shows clear indications of maturity of the ecosystem The capability of the UAE and local governments to bring in skill; their innovation-first technique, abundance of capital here in addition to inflow worldwide are the key foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the variety of handle the greatest worths, with 250 "biggest ticket size" offers tape-recorded in 2025 in the nation.
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