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Affirming the development of AI in the region, a report released by PwC earlier this month stated that the usage of AI among the labor force in the Middle East continues to rise, with 75 percent of employees in the region utilizing it in their tasks over the previous 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 country are prepared to deploy AI responsibly, well above the 76 percent worldwide standard, supported by the Kingdom's information governance community, consisting of national efforts led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are believing holistically about how to make the area attractive, including having more practical laws to permit experimentation and growth," stated the report.
Strategic Tips for Navigating the 2026 Regional LandscapeLeading magnate, policymakers and investors from the GCC and Latin America just recently explored how nations from the 2 regions can grow trade between each other in Dubai, UAE.More than 500 local and worldwide policymakers, presidents, CEOs, company leaders, financiers, and industry experts participated in the 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 region were $5.6 billion, a statement from organisers said. Both areas count on each other for vital 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 added. 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 (generally poultry), Argentina for cereals, Mexico for automobiles and Chile for wood products, stated a declaration.
The forum was organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", checks out how services can gain from the changing patterns of global demand and what role Dubai can play in assisting in the next action in company relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but globally too, by serving as an info and research centre, by offering company paperwork, using legal services, assisting in networking opportunities via signature business events and providing nearly every imaginable organization service, it stated.
GCC growth will strengthen in 2026, led by faster growth in hydrocarbons; non-oil growth will remain solid however slow slightly. Non-oil activity will be supported by population growth, new industries, and public investment; inflation will stay soft, while monetary policy will loosen up. Hydrocarbons sector growth will speed up, balancing out in part lower oil rates; financial balances will be mixed, with surpluses in UAE and Qatar, but deficits persist in other places.
SHARJAH (WAM) The GCC and wider Middle East region is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies drawing in funds and skill, stated magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel discussion on the very first day of SEF 2026 examining "What Does the Next Year of Venture Capital Appear Like", speakers agreed that the emerging local investment landscape appears appealing.
Responding to a concern on regional startups' prospects of benefiting from current investments in digital facilities, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have so much opting for us in the region: the low cost of energy, a very progressive federal government that is ahead in policy, regulation and data privacy; and actually strong universities that are significantly looking at AI and ending up technical talent in AI."She included: "Our supreme goal is to see this region, specifically the GCC, end up being an AI superpower.
Our biggest motorist right now is investing in skill, due to the fact that in the AI race, it's the technical skill that truly wins.
"International growth funds are coming in, which reveals clear indications of maturity of the ecosystem The capability of the UAE and regional governments to draw in skill; their innovation-first technique, abundance of capital here in addition to inflow internationally are the essential building blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the number of offers with the greatest worths, with 250 "largest ticket size" deals taped in 2025 in the nation.
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