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Verifying the development of AI in the region, 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 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 progress in the technology sector and stated that 84 percent of CEOs in the country are ready to release AI responsibly, well above the 76 percent international benchmark, supported by the Kingdom's data governance community, including national initiatives led by the Saudi Data and Expert System Authority.
Policymakers are thinking holistically about how to make the area attractive, including having more pragmatic laws to enable experimentation and growth," stated the report.
How Does Business Excellence Crucial for Future Growth?Top magnate, policymakers and financiers 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, heads of state, CEOs, business leaders, financiers, and market experts attended the first Global Service 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 goods from Latin America. And exports to Latin America from the region were $5.6 billion, a statement from organisers stated. Both areas count on each other for essential products.
In 2015 Latin America provided almost half the meat imports into the GCC and 36 percent of the area'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 counts on Brazil for meat (primarily 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 "Moving Synergies", checks out how businesses can gain from the changing patterns of worldwide need and what role Dubai can play in assisting in the next action in service relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but internationally too, by serving as an info and research study centre, by supplying business documents, using legal services, helping with networking opportunities via signature business occasions and providing practically every possible service solution, it specified.
GCC growth will strengthen in 2026, led by faster growth in hydrocarbons; non-oil development will stay strong but sluggish slightly. Non-oil activity will be supported by population growth, new markets, and public financial investment; inflation will stay soft, while financial policy will loosen. Hydrocarbons sector growth will speed up, offsetting in part lower oil rates; fiscal balances will be mixed, with surpluses in UAE and Qatar, however deficits persist in other places.
SHARJAH (WAM) The GCC and larger Middle East region 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, stated company leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the first day of SEF 2026 examining "What Does the Next Year of Equity Capital Appear Like", speakers agreed that the emerging regional investment landscape appears promising.
How Does Business Excellence Crucial for Future Growth?
Reacting to a concern on regional startups' potential customers of gaining from recent investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have a lot opting for us in the area: the low cost of energy, an extremely progressive federal government that is ahead in policy, policy and data personal privacy; and really strong universities that are significantly taking a look at AI and ending up technical skill in AI."She included: "Our ultimate goal is to see this region, specifically the GCC, end up being an AI superpower.
Our greatest driver right now is investing in talent, since in the AI race, it's the technical skill that actually wins.
"International growth funds are coming in, which shows clear signs of maturity of the ecosystem The ability of the UAE and regional federal governments to attract skill; their innovation-first method, abundance of capital here along with inflow globally are the crucial foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the number of handle the greatest values, with 250 "biggest ticket size" deals recorded in 2025 in the nation.
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