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Affirming the development 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 increase, with 75 percent of workers in the region using it in their jobs over the past 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's progress in the innovation sector and said that 84 percent of CEOs in the country are ready to deploy AI responsibly, 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 Expert System Authority.
Policymakers are believing holistically about how to make the region attractive, including having more practical laws to allow for experimentation and development," stated the report.
Charting GCC Corporate Strategy in 2026Top magnate, policymakers and investors from the GCC and Latin America just recently checked out how countries from the two regions can grow trade between each other in Dubai, UAE.More than 500 local and global policymakers, presidents, CEOs, business leaders, financiers, and market specialists went to 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 goods from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers stated. Both areas count on each other for necessary items.
In 2015 Latin America provided almost half the meat imports into the GCC and 36 percent of the area's total sugar imports, it added. Brazil is without a doubt the largest trading partner for countries in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC counts on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for automobiles and Chile for wood products, stated a declaration.
The forum was arranged by the Dubai Chamber of Commerce under the style "Moving Synergies", explores how companies can gain from the changing patterns of worldwide demand and what function Dubai can play in helping with 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 functioning as an info and research centre, by providing business paperwork, offering legal services, facilitating networking chances via signature company events and providing almost every conceivable company option, it stated.
GCC growth will enhance in 2026, led by faster growth in hydrocarbons; non-oil development will remain solid however slow a little. Non-oil activity will be supported by population growth, new industries, and public financial investment; inflation will stay soft, while financial policy will loosen up. Hydrocarbons sector growth will speed up, balancing out in part lower oil prices; fiscal balances will be mixed, with surpluses in UAE and Qatar, but deficits persist elsewhere.
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 bring in funds and skill, stated company leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel discussion on the first day of SEF 2026 analyzing "What Does the Next Year of Endeavor Capital Look Like", speakers agreed that the emerging regional investment landscape appears promising.
Ensuring Strategic Excellence in the GCCResponding to a question on regional start-ups' prospects of benefiting from current investments in digital facilities, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have so much choosing us in the area: the low cost of energy, an extremely progressive government that is ahead in policy, guideline and data personal privacy; and really strong universities that are increasingly taking a look at AI and turning out technical talent in AI."She added: "Our supreme objective is to see this area, specifically the GCC, become an AI superpower.
Our greatest driver today is investing in skill, due to the fact that in the AI race, it's the technical talent that truly wins."Concentrating on the appearance of the area for financiers, Christos Mastoras, Founder and Handling Partner of Iliad Partners, said: "I think we are very lucky to onboard the three biggest banks of Greece as LPs [Limited Partners] for investment in the area.
"International development funds are can be found in, which shows clear indications of maturity of the ecosystem The capability of the UAE and local governments to bring in skill; their innovation-first approach, abundance of capital here as well as inflow globally are the key structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the variety of deals with the highest values, with 250 "largest ticket size" offers taped in 2025 in the country.
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