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Verifying the growth of AI in the region, a report launched by PwC previously this month said that the usage of AI among the labor force in the Middle East continues to increase, with 75 percent of staff members 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 innovation sector and stated that 84 percent of CEOs in the country are ready to deploy AI responsibly, well above the 76 percent worldwide standard, 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 attractive, consisting of having more pragmatic laws to permit experimentation and development," stated the report.

Leading business leaders, policymakers and investors from the GCC and Latin America recently checked out how nations from the two areas can grow trade between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, heads of state, CEOs, service leaders, investors, and market specialists attended the very first Global Company Forum Latin America held at the Atlantis Palm - Dubai.

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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 areas count on each other for important products.

In 2015 Latin America provided almost 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 depends on Brazil for meat (generally poultry), Argentina for cereals, Mexico for cars and Chile for wood products, said a declaration.

The online forum was organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", checks out how companies can take advantage of the changing patterns of global demand and what function Dubai can play in assisting in the next action in business relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but worldwide too, by functioning as an info and research centre, by offering service paperwork, offering legal services, facilitating networking chances via signature organization occasions and providing almost every possible company service, it specified.

GCC growth will strengthen in 2026, led by faster growth in hydrocarbons; non-oil growth will stay strong but sluggish slightly. Non-oil activity will be supported by population development, brand-new industries, and public investment; inflation will stay soft, while financial policy will loosen up. Hydrocarbons sector growth will speed up, offsetting in part lower oil rates; financial balances will be combined, with surpluses in UAE and Qatar, but deficits continue in other places.

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SHARJAH (WAM) The GCC and broader Middle East region is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies attracting funds and skill, stated magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel discussion on the first day of SEF 2026 taking a look at "What Does the Next Year of Endeavor Capital Look Like", speakers agreed that the emerging regional investment landscape appears promising.

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Responding to a question on regional start-ups' prospects of benefiting from current financial investments in digital facilities, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have so much opting for us in the area: the low expense of energy, a really progressive government that is ahead in policy, policy and information personal privacy; and truly strong universities that are significantly taking a look at AI and ending up technical skill in AI."She included: "Our supreme objective is to see this area, particularly the GCC, end up being an AI superpower.

Our biggest motorist right now is investing in talent, because in the AI race, it's the technical skill that really wins.

"International development funds are being available in, which reveals clear indications of maturity of the community The ability of the UAE and local governments to attract talent; their innovation-first method, abundance of capital here along with inflow worldwide are the key structure blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of handle the highest values, with 250 "largest ticket size" offers tape-recorded in 2025 in the country.