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Verifying the growth of AI in the area, a report launched by PwC earlier this month said that the usage of AI amongst the workforce in the Middle East continues to increase, with 75 percent of workers in the region using it in their tasks over the previous 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's development in the technology sector and stated that 84 percent of CEOs in the nation are all set to deploy AI properly, well above the 76 percent global criteria, supported by the Kingdom's information governance ecosystem, consisting of national 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 allow for experimentation and growth," said the report.
Why Shared Services Are Essential for GCC Market ScalingLeading company leaders, policymakers and investors from the GCC and Latin America recently checked out how nations from the 2 areas can grow trade in between each other in Dubai, UAE.More than 500 regional and global policymakers, heads of state, CEOs, magnate, investors, and industry professionals participated in the first Global Company 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 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 vital products.
In 2015 Latin America provided almost 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 region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC depends on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for vehicles and Chile for wood items, said a declaration.
The forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how companies can take advantage of the altering patterns of international need and what role Dubai can play in helping with the next step in company relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but internationally too, by functioning as a details and research centre, by providing service documentation, using legal services, helping with networking chances by means of signature service events and delivering practically every conceivable organization option, it specified.
GCC development will enhance in 2026, led by faster growth in hydrocarbons; non-oil growth will stay strong but slow slightly. Non-oil activity will be supported by population development, brand-new markets, and public investment; inflation will remain soft, while financial policy will loosen up. Hydrocarbons sector development will accelerate, offsetting in part lower oil rates; financial balances will be mixed, with surpluses in UAE and Qatar, however deficits continue elsewhere.
SHARJAH (WAM) The GCC and larger Middle East area 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 company leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel conversation on the first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Look Like", speakers concurred that the emerging regional investment landscape appears appealing.
Why Riyadh Is Ending Up Being the Ultimate Middle East Service LocationReacting to a question on local start-ups' prospects of gaining from recent investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have a lot choosing us in the area: the low cost of energy, a very progressive government that is ahead in policy, guideline and data personal privacy; and actually strong educational organizations that are significantly looking at AI and turning out technical talent in AI."She added: "Our ultimate goal is to see this area, particularly the GCC, end up being an AI superpower.
Our most significant motorist right now is purchasing talent, because in the AI race, it's the technical talent that really wins."Concentrating on the attractiveness of the region for financiers, Christos Mastoras, Creator and Managing Partner of Iliad Partners, said: "I believe we are extremely fortunate to onboard the 3 largest banks of Greece as LPs [Limited Partners] for investment in the area.
"International growth funds are can be found in, which shows clear signs of maturity of the environment The ability of the UAE and local governments to bring in talent; their innovation-first technique, abundance of capital here in addition to inflow globally are the crucial foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of handle the greatest worths, with 250 "largest ticket size" deals recorded in 2025 in the nation.
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