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Affirming the growth of AI in the region, a report released by PwC previously this month stated that the usage of AI among the workforce in the Middle East continues to increase, with 75 percent of employees in the area using it in their tasks 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 prepared to release AI properly, well above the 76 percent international benchmark, supported by the Kingdom's data governance environment, consisting of national efforts led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are thinking holistically about how to make the area appealing, consisting of having more practical laws to permit experimentation and growth," stated the report.
Emerging Strategic Trends Shaping the 2026 GCC EconomyLeading business leaders, policymakers and investors from the GCC and Latin America recently checked out how countries from the two regions can grow trade in between each other in Dubai, UAE.More than 500 regional and global policymakers, presidents, CEOs, magnate, financiers, and market specialists attended the first Global Service Online forum Latin America held at the Atlantis Palm - Dubai.
In 2015 the GCC comprised 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 area were $5.6 billion, a statement from organisers said. Both areas count on each other for important products.
In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 percent of the region's overall sugar imports, it added. Brazil is by far the biggest trading partner for countries 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 automobiles and Chile for wood products, stated a statement.
The online forum was organised by the Dubai Chamber of Commerce under the style "Moving Synergies", checks out how businesses can take advantage of the altering patterns of global need and what function Dubai can play in assisting in the next action in company relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however globally too, by serving as an information and research centre, by providing company documentation, offering legal services, facilitating networking chances through signature service events and delivering practically every possible company solution, it specified.
GCC growth will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil development will remain solid however slow somewhat. Non-oil activity will be supported by population development, brand-new industries, and public financial investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector development will speed up, balancing out in part lower oil rates; fiscal balances will be mixed, with surpluses in UAE and Qatar, however deficits continue somewhere else.
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 federal government policies attracting funds and skill, said magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel conversation on the first day of SEF 2026 examining "What Does the Next Year of Equity Capital Look Like", speakers concurred that the emerging regional investment landscape appears appealing.
Why Future-Focused Strategy Reshapes the 2026 GCC EconomyReacting to a concern on regional startups' potential customers of taking advantage of recent investments in digital facilities, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have a lot opting for us in the area: the low cost of energy, a very progressive government that is ahead in policy, guideline and data personal privacy; and really strong universities that are significantly looking at AI and turning out technical skill in AI."She added: "Our ultimate objective is to see this area, particularly the GCC, end up being an AI superpower.
Our greatest motorist right now is purchasing talent, due to the fact that in the AI race, it's the technical talent that actually wins."Focusing on the appearance of the region for financiers, Christos Mastoras, Founder and Handling Partner of Iliad Partners, said: "I think we are very fortunate to onboard the 3 biggest banks of Greece as LPs [Limited Partners] for investment in the area.
"International growth funds are can be found in, which reveals clear signs of maturity of the community The ability of the UAE and regional governments to draw in skill; their innovation-first approach, abundance of capital here along with inflow globally are the essential building blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the number of handle the highest values, with 250 "biggest ticket size" offers tape-recorded in 2025 in the country.
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