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Affirming the growth of AI in the area, a report launched by PwC earlier this month said that the usage of AI among the workforce in the Middle East continues to rise, with 75 percent of staff members in the area using it in their tasks over the past 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's development in the technology sector and said that 84 percent of CEOs in the nation are prepared to release AI properly, well above the 76 percent global standard, supported by the Kingdom's data governance community, including national initiatives led by the Saudi Data and Expert System Authority.
Policymakers are believing holistically about how to make the region attractive, including having more practical laws to enable experimentation and development," stated the report.
The Impact of Remote Deal With UAE Talent RetentionTop magnate, policymakers and financiers from the GCC and Latin America just recently explored how countries from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, presidents, CEOs, service leaders, financiers, and market specialists participated in the very 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 rely on each other for necessary items.
In 2015 Latin America provided almost half the meat imports into the GCC and 36 percent of the region's total sugar imports, it included. Brazil is by far the biggest trading partner for nations 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 lorries and Chile for wood products, said a declaration.
The online forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how organizations can benefit from the altering patterns of international demand and what function Dubai can play in facilitating the next action in service relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however internationally too, by acting as a details and research study centre, by providing organization paperwork, providing legal services, helping with networking chances via signature company occasions and delivering nearly every possible service solution, it stated.
GCC growth will strengthen in 2026, led by faster growth in hydrocarbons; non-oil development will remain strong but slow slightly. Non-oil activity will be supported by population development, new industries, and public financial investment; inflation will remain soft, while monetary policy will loosen. Hydrocarbons sector growth will speed up, offsetting in part lower oil costs; fiscal balances will be combined, with surpluses in UAE and Qatar, however deficits continue in other places.
SHARJAH (WAM) The GCC and broader 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 talent, stated magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel conversation on the very first day of SEF 2026 taking a look at "What Does the Next Year of Equity Capital Appear Like", speakers concurred that the emerging local financial investment landscape appears appealing.
The Impact of Remote Deal With UAE Talent RetentionReacting to a question on regional start-ups' potential customers of gaining from recent financial investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have a lot choosing us in the region: the low expense of energy, an extremely progressive federal government that is ahead in policy, regulation and information privacy; and really strong instructional organizations that are increasingly taking a look at AI and ending up technical skill in AI."She included: "Our supreme objective is to see this area, specifically the GCC, become an AI superpower.
Our greatest motorist today is purchasing skill, since in the AI race, it's the technical skill that really wins."Focusing on the beauty of the region for financiers, Christos Mastoras, Creator and Managing Partner of Iliad Partners, said: "I believe we are really lucky to onboard the three largest 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 environment The capability of the UAE and regional governments to attract skill; their innovation-first technique, abundance of capital here as well as inflow internationally are the key structure blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the variety of handle the highest worths, with 250 "largest ticket size" offers recorded in 2025 in the nation.
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