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Verifying the development of AI in the region, a report launched by PwC previously this month stated that the usage of AI among the labor force in the Middle East continues to rise, with 75 percent of staff members in the region utilizing it in their jobs over the past 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's development in the technology sector and stated that 84 percent of CEOs in the nation are prepared to release AI responsibly, well above the 76 percent worldwide criteria, supported by the Kingdom's information governance community, consisting of national efforts led by the Saudi Data and Expert System Authority.
Policymakers are thinking holistically about how to make the region attractive, consisting of having more pragmatic laws to enable for experimentation and growth," said the report.
Changing the UAE Staff Member Experience for a Hybrid PeriodLeading magnate, policymakers and financiers from the GCC and Latin America just recently checked out how countries from the two areas can grow trade between each other in Dubai, UAE.More than 500 regional and global policymakers, heads of state, CEOs, company leaders, investors, and industry specialists participated in the very first Global Service Forum Latin America held at the Atlantis Palm - Dubai.
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 statement from organisers said. Both areas count 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 by far the biggest trading partner for countries in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC counts on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for automobiles and Chile for wood products, stated a declaration.
The online forum was organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", checks out how organizations can take advantage of the altering patterns of global need and what role Dubai can play in helping with the next step in business relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however internationally too, by acting as a details and research centre, by offering service documents, providing legal services, facilitating networking opportunities through signature company occasions and providing practically every imaginable organization service, it specified.
GCC development will reinforce in 2026, led by faster growth in hydrocarbons; non-oil growth will remain solid but sluggish somewhat. Non-oil activity will be supported by population growth, new markets, and public financial investment; inflation will remain soft, while monetary policy will loosen. Hydrocarbons sector growth will accelerate, offsetting in part lower oil rates; fiscal balances will be combined, with surpluses in UAE and Qatar, but deficits continue in other places.
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 bring in funds and talent, stated magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel discussion on the very first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Look Like", speakers concurred that the emerging local financial investment landscape appears promising.
Responding to a question on local start-ups' potential customers of benefiting from recent investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have a lot opting for us in the region: the low cost of energy, a really progressive federal government that is ahead in policy, guideline and data privacy; and actually strong universities 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, become an AI superpower.
Our biggest chauffeur today is purchasing talent, since in the AI race, it's the technical talent that really wins."Focusing on the attractiveness of the area for investors, Christos Mastoras, Creator and Handling Partner of Iliad Partners, said: "I think we are extremely lucky 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 community The ability of the UAE and regional governments to draw in talent; their innovation-first technique, abundance of capital here along with inflow worldwide are the crucial foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the number of handle the greatest worths, with 250 "largest ticket size" offers tape-recorded in 2025 in the nation.
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