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Verifying the development of AI in the region, a report released by PwC previously this month said that the use of AI amongst the workforce in the Middle East continues to rise, with 75 percent of staff members in the area utilizing 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 said that 84 percent of CEOs in the nation are all set to deploy AI properly, well above the 76 percent worldwide criteria, supported by the Kingdom's information governance environment, consisting of 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 pragmatic laws to enable experimentation and growth," stated the report.

Top company leaders, policymakers and financiers from the GCC and Latin America just recently checked out how countries from the 2 areas can grow trade in between each other in Dubai, UAE.More than 500 local and global policymakers, heads of state, CEOs, magnate, financiers, and industry professionals went to the first Global Company Forum Latin America held at the Atlantis Palm - Dubai.

How to Scale GCC Operations in 2026

In 2015 the GCC comprised of the UAE, Bahrain, Kuwait, Oman, Qatar and Saudi Arabia, imported $11 billion worth of goods from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers said. Both areas depend on each other for essential items.

In 2015 Latin America provided almost half the meat imports into the GCC and 36 percent of the area's overall sugar imports, it included. Brazil is by far the largest trading partner for nations in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC relies on Brazil for meat (generally poultry), Argentina for cereals, Mexico for vehicles and Chile for wood products, stated a statement.

The online forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how services can gain from the changing patterns of worldwide need and what role Dubai can play in helping with the next step in business relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however internationally too, by functioning as an information and research centre, by offering organization paperwork, offering legal services, assisting in networking opportunities through signature business events and providing nearly every possible service option, it specified.

GCC development will reinforce in 2026, led by faster growth in hydrocarbons; non-oil growth will stay solid however slow a little. Non-oil activity will be supported by population development, brand-new industries, and public financial investment; inflation will stay soft, while financial policy will loosen up. Hydrocarbons sector growth will speed up, offsetting in part lower oil costs; fiscal balances will be combined, with surpluses in UAE and Qatar, but deficits continue somewhere else.

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SHARJAH (WAM) The GCC and larger Middle East region 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 skill, said business leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel conversation on the first day of SEF 2026 taking a look at "What Does the Next Year of Equity Capital Appear Like", speakers agreed that the emerging regional investment landscape appears promising.

ANSR July GCC PRs 50DR+

Reacting to a concern on regional start-ups' potential customers of benefiting from current financial investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have a lot opting for us in the area: the low expense of energy, a really progressive government that is ahead in policy, policy and data personal privacy; and really strong educational organizations that are increasingly looking at AI and ending up technical skill in AI."She added: "Our ultimate goal is to see this area, particularly the GCC, become an AI superpower.

Our greatest driver right now is investing in skill, because in the AI race, it's the technical talent that actually wins."Focusing on the attractiveness of the region for investors, Christos Mastoras, Founder and Handling Partner of Iliad Partners, said: "I think we are extremely fortunate to onboard the 3 largest banks of Greece as LPs [Limited Partners] for financial investment in the region.

"International growth funds are can be found in, which reveals clear signs of maturity of the environment The ability of the UAE and regional federal governments to bring in skill; their innovation-first technique, abundance of capital here as well as inflow worldwide are the crucial building 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 values, with 250 "biggest ticket size" deals tape-recorded in 2025 in the country.