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Verifying the growth of AI in the area, a report launched by PwC previously this month stated that the usage 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 tasks over the previous 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's progress in the technology sector and said that 84 percent of CEOs in the country are prepared to release AI responsibly, well above the 76 percent global benchmark, supported by the Kingdom's information governance ecosystem, including nationwide efforts led by the Saudi Data and Expert System Authority.

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

Leading magnate, policymakers and investors from the GCC and Latin America just recently checked out how nations from the two areas can grow trade between each other in Dubai, UAE.More than 500 regional and international policymakers, heads of state, CEOs, organization leaders, financiers, and market professionals went to the very first Global Service 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 items from Latin America. And exports to Latin America from the region were $5.6 billion, a declaration from organisers stated. Both areas depend on each other for essential products.

In 2015 Latin America provided nearly half the meat imports into the GCC and 36 per cent of the region's overall sugar imports, it included. Brazil is by far the biggest trading partner for countries 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 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 organizations can benefit from the changing patterns of international demand and what role Dubai can play in facilitating 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 acting as a details and research centre, by supplying business documents, offering legal services, assisting in networking opportunities through signature service occasions and delivering almost every possible service service, it mentioned.

GCC development will reinforce in 2026, led by faster growth in hydrocarbons; non-oil development will remain strong however slow a little. Non-oil activity will be supported by population growth, brand-new markets, and public financial investment; inflation will stay soft, while financial policy will loosen up. Hydrocarbons sector growth will speed up, balancing out in part lower oil costs; fiscal balances will be blended, with surpluses in UAE and Qatar, however deficits persist somewhere else.

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SHARJAH (WAM) The GCC and broader Middle East area 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, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel discussion on the very first day of SEF 2026 taking a look at "What Does the Next Year of Equity Capital Appear Like", speakers agreed that the emerging local financial investment landscape appears promising.

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Reacting to a question on regional start-ups' potential customers of gaining from current financial investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have so much choosing us in the region: the low expense of energy, an extremely progressive federal government that is ahead in policy, guideline and information privacy; and actually strong universities that are progressively looking at AI and turning out technical talent in AI."She included: "Our supreme objective is to see this region, particularly the GCC, become an AI superpower.

Our biggest chauffeur today is investing in talent, because in the AI race, it's the technical talent that actually wins."Concentrating on the appearance of the region for financiers, Christos Mastoras, Creator and Managing Partner of Iliad Partners, said: "I think we are really fortunate to onboard the 3 biggest banks of Greece as LPs [Limited Partners] for financial investment in the region.

"International development funds are being available in, which shows clear signs of maturity of the ecosystem The ability of the UAE and regional governments to bring in talent; their innovation-first method, abundance of capital here in addition to inflow internationally are the essential foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the variety of handle the greatest values, with 250 "biggest ticket size" deals tape-recorded in 2025 in the nation.