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Affirming the growth of AI in the area, a report launched by PwC previously this month said that the use of AI among the workforce in the Middle East continues to rise, with 75 percent of workers in the area using it in their jobs over the previous 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's progress in the innovation sector and stated that 84 percent of CEOs in the nation are ready to deploy AI properly, well above the 76 percent worldwide criteria, supported by the Kingdom's data governance ecosystem, including nationwide initiatives led by the Saudi Data and Expert System Authority.

Policymakers are believing holistically about how to make the area appealing, including having more practical laws to permit experimentation and growth," said the report.

Top business leaders, policymakers and investors from the GCC and Latin America just recently checked out how nations from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 local and worldwide policymakers, presidents, CEOs, magnate, investors, and industry specialists participated in the first Global Business Online 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 products from Latin America. And exports to Latin America from the region were $5.6 billion, a statement from organisers stated. Both regions rely on each other for important items.

In 2015 Latin America supplied 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 largest trading partner for countries in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC relies on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for cars and Chile for wood products, stated a declaration.

The online forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how services can take advantage of the changing patterns of worldwide demand and what role Dubai can play in facilitating the next step 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 offering business documentation, using legal services, assisting in networking opportunities through signature service occasions and providing nearly every conceivable business option, it stated.

GCC growth will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain strong however slow slightly. Non-oil activity will be supported by population growth, new industries, and public investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector growth will speed up, offsetting in part lower oil costs; fiscal balances will be blended, with surpluses in UAE and Qatar, but deficits continue somewhere else.

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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 government policies attracting funds and skill, said magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel discussion on the first day of SEF 2026 examining "What Does the Next Year of Equity Capital Appear Like", speakers agreed that the emerging local investment landscape appears promising.

ANSR July GCC PRs 50DR+

Responding to a concern on regional startups' potential customers of benefiting from current financial investments in digital facilities, Tala Al Jabri, Founder and Handling Partner of Wyld VC said: "We have so much opting for us in the region: the low cost of energy, an extremely progressive federal government that is ahead in policy, guideline and data personal privacy; and actually strong instructional organizations that are increasingly taking a look at AI and ending up technical skill in AI."She added: "Our ultimate objective is to see this area, specifically the GCC, end up being an AI superpower.

Our biggest driver right now is investing in talent, because in the AI race, it's the technical skill that truly wins.

"International growth funds are being available in, which shows clear signs of maturity of the ecosystem The capability of the UAE and local governments to attract talent; their innovation-first approach, abundance of capital here along with inflow internationally are the essential structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of offers with the highest values, with 250 "biggest ticket size" offers tape-recorded in 2025 in the nation.