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Affirming the growth of AI in the region, a report released by PwC previously this month said that the usage of AI amongst the workforce in the Middle East continues to rise, with 75 percent of employees 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 nation are prepared to deploy AI responsibly, well above the 76 percent worldwide criteria, supported by the Kingdom's information governance environment, consisting of nationwide initiatives led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are thinking holistically about how to make the area attractive, including having more practical laws to permit experimentation and growth," stated the report.

Leading organization leaders, policymakers and financiers from the GCC and Latin America just recently checked out how countries from the 2 areas can grow trade in between each other in Dubai, UAE.More than 500 local and global policymakers, presidents, CEOs, organization leaders, financiers, and industry experts went to the first Global Business Online forum Latin America held at the Atlantis Palm - Dubai.

Predicting the 2026 Middle East Corporate Landscape

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 area were $5.6 billion, a statement from organisers stated. Both regions rely on each other for important products.

In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 per cent of the region's overall sugar imports, it included. Brazil is without a doubt the biggest trading partner for nations in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC relies on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for vehicles and Chile for wood products, said a statement.

The online forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how businesses can benefit from the altering patterns of international demand and what function Dubai can play in helping with the next action in company relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however worldwide too, by serving as an information and research study centre, by supplying organization documentation, offering legal services, helping with networking opportunities via signature company occasions and delivering almost every conceivable organization solution, it specified.

GCC growth will reinforce in 2026, led by faster growth in hydrocarbons; non-oil growth will stay solid but sluggish a little. Non-oil activity will be supported by population development, brand-new markets, and public investment; inflation will remain soft, while financial policy will loosen. Hydrocarbons sector development will accelerate, offsetting in part lower oil costs; fiscal balances will be combined, with surpluses in UAE and Qatar, but deficits persist elsewhere.

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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 talent, said magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel discussion on the first day of SEF 2026 examining "What Does the Next Year of Venture Capital Appear Like", speakers concurred that the emerging regional financial investment landscape appears appealing.

ANSR July GCC PRs 50DR+

Reacting to a question on local start-ups' prospects of benefiting from recent financial investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have so much opting for us in the area: the low expense of energy, a very progressive government that is ahead in policy, policy and data personal privacy; and truly strong academic organizations that are progressively looking at AI and ending up technical talent in AI."She included: "Our ultimate objective is to see this area, specifically the GCC, end up being an AI superpower.

Our biggest motorist today is buying talent, since in the AI race, it's the technical talent that actually wins."Concentrating on the attractiveness of the region for financiers, Christos Mastoras, Founder and Managing Partner of Iliad Partners, said: "I think we are very lucky to onboard the three biggest banks of Greece as LPs [Limited Partners] for financial investment in the area.

"International development funds are coming in, which shows clear indications of maturity of the environment The capability of the UAE and local governments to draw in talent; their innovation-first method, abundance of capital here as well as inflow globally are the crucial foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of offers with the greatest values, with 250 "biggest ticket size" deals recorded in 2025 in the country.