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Verifying the development of AI in the region, a report released by PwC previously this month said that the use of AI among the labor force in the Middle East continues to increase, with 75 percent of staff members in the area 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 said that 84 percent of CEOs in the country are ready to deploy AI responsibly, well above the 76 percent global criteria, supported by the Kingdom's information governance community, consisting of national efforts led by the Saudi Data and Expert System Authority.
Policymakers are thinking holistically about how to make the area appealing, including having more pragmatic laws to enable for experimentation and growth," said the report.
Driving Corporate Operations Across Dubai and the GCCLeading magnate, policymakers and investors from the GCC and Latin America recently explored how nations from the two regions can grow trade in between each other in Dubai, UAE.More than 500 regional and international policymakers, presidents, CEOs, magnate, financiers, and industry experts attended 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 regions depend on each other for necessary products.
In 2015 Latin America provided nearly half the meat imports into the GCC and 36 per cent of the region's total sugar imports, it added. Brazil is without a doubt the biggest trading partner for nations in the area, followed by Argentina and Mexico. Amongst 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 statement.
The online forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how businesses can take advantage of the changing patterns of global need and what role Dubai can play in assisting in the next action in business relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but worldwide too, by serving as an information and research centre, by offering organization paperwork, providing legal services, helping with networking chances via signature organization events and providing nearly every conceivable company option, it mentioned.
GCC growth will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain strong but slow somewhat. Non-oil activity will be supported by population growth, new markets, and public investment; inflation will stay soft, while financial policy will loosen. Hydrocarbons sector growth will accelerate, offsetting in part lower oil rates; financial balances will be blended, with surpluses in UAE and Qatar, but deficits continue elsewhere.
SHARJAH (WAM) The GCC and broader 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 bring in funds and skill, stated company leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the very first day of SEF 2026 analyzing "What Does the Next Year of Endeavor Capital Look Like", speakers agreed that the emerging regional financial investment landscape appears promising.
Driving Corporate Operations Across Dubai and the GCCReacting to a concern on local startups' potential customers of gaining from recent financial investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have so much going for us in the area: the low expense of energy, a really progressive federal government that is ahead in policy, policy and information personal privacy; and actually strong educational organizations that are increasingly looking at AI and ending up technical talent in AI."She included: "Our supreme goal is to see this region, particularly the GCC, end up being an AI superpower.
Our greatest chauffeur today is purchasing skill, since in the AI race, it's the technical skill that truly wins."Concentrating on the attractiveness of the area for financiers, Christos Mastoras, Creator and Handling Partner of Iliad Partners, said: "I think we are very lucky to onboard the three largest banks of Greece as LPs [Limited Partners] for financial investment in the area.
"International development funds are being available in, which reveals clear indications of maturity of the environment The capability of the UAE and regional federal governments to bring in talent; their innovation-first approach, abundance of capital here as well as inflow worldwide are the essential foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the variety of deals with the greatest values, with 250 "largest ticket size" deals tape-recorded in 2025 in the nation.
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