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Verifying the growth of AI in the area, a report released by PwC previously this month stated that the use of AI amongst the labor force in the Middle East continues to increase, with 75 percent of workers in the region utilizing it in their jobs over the past 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's development in the innovation sector and stated that 84 percent of CEOs in the country are ready to deploy AI responsibly, well above the 76 percent worldwide benchmark, supported by the Kingdom's data governance ecosystem, including nationwide initiatives led by the Saudi Data and Expert System Authority.
Policymakers are thinking holistically about how to make the area appealing, including having more practical laws to enable experimentation and growth," stated the report.
Middle East News: Major Corporate Trends in 2026Top organization leaders, policymakers and financiers from the GCC and Latin America recently checked out how countries from the 2 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 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 region were $5.6 billion, a declaration from organisers stated. Both areas depend on each other for vital products.
In 2015 Latin America provided nearly 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 area, followed by Argentina and Mexico. Among the Latin American states, the GCC counts on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for automobiles and Chile for wood products, said a declaration.
The forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how businesses can gain from the altering patterns of global need and what function Dubai can play in assisting in the next action in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but internationally too, by serving as a details and research centre, by providing company paperwork, offering legal services, assisting in networking chances by means of signature business occasions and providing nearly every possible organization option, it specified.
GCC development will enhance in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain solid but sluggish a little. Non-oil activity will be supported by population growth, new industries, and public financial investment; inflation will remain soft, while monetary policy will loosen. Hydrocarbons sector growth will accelerate, balancing out in part lower oil prices; fiscal balances will be blended, with surpluses in UAE and Qatar, however deficits persist in other places.
SHARJAH (WAM) The GCC and wider Middle East area 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, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel discussion on the very first day of SEF 2026 taking a look at "What Does the Next Year of Endeavor Capital Look Like", speakers agreed that the emerging local financial investment landscape appears promising.

Reacting to a question on local start-ups' potential customers of gaining from recent financial investments in digital facilities, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have so much choosing us in the area: the low cost of energy, a very progressive federal government that is ahead in policy, regulation and data personal privacy; and actually strong instructional institutions that are significantly taking a look at AI and ending up technical skill in AI."She added: "Our supreme objective is to see this region, particularly the GCC, end up being an AI superpower.
Our biggest driver right now is purchasing talent, since in the AI race, it's the technical skill that actually wins."Concentrating on the beauty of the region for investors, Christos Mastoras, Founder and Managing Partner of Iliad Partners, said: "I believe we are very lucky to onboard the three largest banks of Greece as LPs [Limited Partners] for investment in the area.
"International growth funds are can be found in, which reveals clear indications of maturity of the environment The capability of the UAE and regional governments to attract talent; their innovation-first technique, abundance of capital here along with inflow internationally are the key foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of handle the greatest worths, with 250 "largest ticket size" deals tape-recorded in 2025 in the country.
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