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Verifying the growth of AI in the area, a report launched by PwC earlier this month stated that the use of AI among the workforce in the Middle East continues to increase, with 75 percent of employees in the region using it in their jobs over the previous 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 deploy AI properly, well above the 76 percent worldwide criteria, supported by the Kingdom's information governance community, consisting of national initiatives led by the Saudi Data and Expert System Authority.
Policymakers are believing holistically about how to make the region attractive, consisting of having more practical laws to enable for experimentation and growth," stated the report.
Top magnate, policymakers and investors from the GCC and Latin America recently checked out how countries from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 local and worldwide policymakers, presidents, CEOs, organization leaders, financiers, and market experts attended the very first Global Organization 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 items from Latin America. And exports to Latin America from the region were $5.6 billion, a statement from organisers said. Both regions count on each other for essential items.
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 added. Brazil is without a doubt the biggest trading partner for countries in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC counts on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for vehicles and Chile for wood items, stated a statement.
The online forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how companies can benefit from the changing patterns of international need and what role Dubai can play in helping with the next action in organization relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however globally too, by acting as an info and research centre, by offering service documentation, providing legal services, facilitating networking chances through signature service occasions and delivering almost every imaginable service option, it mentioned.
GCC growth will reinforce in 2026, led by faster growth in hydrocarbons; non-oil growth will stay strong however sluggish somewhat. Non-oil activity will be supported by population growth, new industries, and public financial investment; inflation will remain soft, while monetary policy will loosen up. Hydrocarbons sector growth will speed up, balancing out in part lower oil rates; fiscal balances will be blended, with surpluses in UAE and Qatar, however deficits continue elsewhere.
SHARJAH (WAM) The GCC and wider Middle East area is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies bring in funds and talent, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel discussion on the very first day of SEF 2026 examining "What Does the Next Year of Equity Capital Appear Like", speakers agreed that the emerging regional financial investment landscape appears appealing.

Reacting to a question on regional startups' prospects of taking advantage of recent financial investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC said: "We have a lot choosing us in the area: the low cost of energy, an extremely progressive government that is ahead in policy, policy and information personal privacy; and actually strong universities that are significantly taking a look at AI and ending up technical skill in AI."She added: "Our ultimate objective is to see this area, particularly the GCC, become an AI superpower.
Our greatest chauffeur right now is investing in skill, because in the AI race, it's the technical talent that truly wins."Concentrating on the attractiveness of the area for financiers, Christos Mastoras, Founder and Managing Partner of Iliad Partners, said: "I believe we are extremely fortunate to onboard the 3 biggest banks of Greece as LPs [Limited Partners] for investment in the area.
"International growth funds are being available in, which reveals clear signs of maturity of the community The capability of the UAE and local federal governments to draw in talent; their innovation-first technique, abundance of capital here as well as inflow globally are the crucial foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the variety of deals with the greatest values, with 250 "largest ticket size" offers recorded in 2025 in the nation.
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