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Affirming the development of AI in the area, a report launched by PwC earlier this month said that the use of AI among the workforce in the Middle East continues to rise, with 75 percent of employees 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 innovation sector and stated that 84 percent of CEOs in the nation are ready to release AI properly, well above the 76 percent international benchmark, supported by the Kingdom's information governance community, including nationwide initiatives led by the Saudi Data and Expert System Authority.

Policymakers are thinking holistically about how to make the area attractive, including having more practical laws to permit experimentation and growth," stated the report.

Top magnate, policymakers and investors from the GCC and Latin America recently explored how nations 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 industry experts participated in the very first Global Company Online forum Latin America held at the Atlantis Palm - Dubai.

Can Market Research Define Middle East Corporate Growth?

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 region were $5.6 billion, a statement from organisers stated. Both areas count on each other for important products.

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 included. Brazil is by far 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 (generally poultry), Argentina for cereals, Mexico for cars and Chile for wood items, said a statement.

The online forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how organizations can take advantage of the altering patterns of international demand and what function Dubai can play in assisting in the next step in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but worldwide too, by functioning as a details and research study centre, by offering organization paperwork, offering legal services, facilitating networking opportunities through signature service occasions and providing practically every imaginable organization solution, it stated.

GCC development will enhance in 2026, led by faster growth in hydrocarbons; non-oil development will remain strong however sluggish a little. Non-oil activity will be supported by population growth, new markets, and public investment; inflation will stay soft, while financial policy will loosen up. Hydrocarbons sector growth will speed up, balancing out in part lower oil costs; fiscal balances will be mixed, with surpluses in UAE and Qatar, however deficits continue in other places.

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SHARJAH (WAM) The GCC and broader Middle East area is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies drawing in funds and skill, said magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the very first day of SEF 2026 examining "What Does the Next Year of Endeavor Capital Appear Like", speakers concurred that the emerging regional financial investment landscape appears promising.

ANSR July GCC PRs 50DR+

Responding to a concern on local startups' prospects of benefiting from recent financial investments in digital facilities, Tala Al Jabri, Founder and Handling Partner of Wyld VC said: "We have a lot choosing us in the area: the low expense of energy, an extremely progressive government that is ahead in policy, policy and information privacy; and actually strong universities that are progressively looking at AI and ending up technical skill in AI."She included: "Our ultimate objective is to see this region, specifically the GCC, become an AI superpower.

Our greatest chauffeur right now is buying skill, because in the AI race, it's the technical skill that actually wins."Focusing on the attractiveness of the area for investors, Christos Mastoras, Creator and Handling 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 development funds are coming in, which shows clear indications 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 in addition to inflow worldwide are the essential foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the variety of handle the greatest worths, with 250 "largest ticket size" deals taped in 2025 in the country.