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Affirming the development of AI in the region, a report launched by PwC earlier this month stated that the use of AI amongst the labor force in the Middle East continues to rise, with 75 percent of workers in the area using it in their tasks over the past 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's development in the innovation sector and said that 84 percent of CEOs in the nation are all set to deploy AI properly, well above the 76 percent international standard, supported by the Kingdom's information governance community, consisting of national efforts led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are thinking holistically about how to make the area appealing, consisting of having more practical laws to permit experimentation and development," said the report.
Adjusting Your Operations to New Omani Company MandatesLeading magnate, policymakers and investors from the GCC and Latin America recently explored how countries from the two regions can grow trade in between each other in Dubai, UAE.More than 500 regional and international policymakers, heads of state, CEOs, magnate, financiers, and market professionals participated in the very first Global Business Online 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 products from Latin America. And exports to Latin America from the region were $5.6 billion, a statement from organisers stated. Both areas rely on each other for necessary items.
In 2015 Latin America supplied almost half the meat imports into the GCC and 36 per cent of the area's overall sugar imports, it included. Brazil is by far the biggest trading partner for nations in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC depends on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for lorries and Chile for wood items, said a declaration.
The forum was organised by the Dubai Chamber of Commerce under the style "Moving Synergies", checks out how companies can benefit from the altering patterns of global need and what function Dubai can play in facilitating the next step in service relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but globally too, by acting as an info and research centre, by providing organization paperwork, using legal services, assisting in networking opportunities through signature organization events and delivering nearly every imaginable company option, it mentioned.
GCC growth will reinforce in 2026, led by faster growth in hydrocarbons; non-oil growth will remain strong but slow a little. Non-oil activity will be supported by population growth, new markets, and public investment; inflation will stay soft, while monetary policy will loosen up. Hydrocarbons sector growth will speed up, offsetting in part lower oil costs; financial balances will be combined, with surpluses in UAE and Qatar, however deficits continue elsewhere.
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 service leaders 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 concurred that the emerging local investment landscape appears appealing.
Adjusting Your Operations to New Omani Company MandatesReacting to a concern on regional startups' potential customers of gaining from recent investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC said: "We have so much going for us in the region: the low expense of energy, a very progressive government that is ahead in policy, guideline and information personal privacy; and actually strong instructional institutions that are increasingly looking at AI and turning out technical talent in AI."She included: "Our supreme goal is to see this area, specifically the GCC, become an AI superpower.
Our most significant chauffeur right now is investing in skill, due to the fact that in the AI race, it's the technical skill that really wins.
"International growth funds are can be found in, which shows clear signs of maturity of the ecosystem The capability of the UAE and regional governments to bring in skill; their innovation-first method, abundance of capital here as well as inflow globally are the key structure blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of deals with the greatest values, with 250 "largest ticket size" deals recorded in 2025 in the country.
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