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Affirming the growth of AI in the area, a report launched by PwC earlier this month stated that the usage of AI amongst the workforce in the Middle East continues to rise, 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 technology sector and stated that 84 percent of CEOs in the country are prepared to release AI properly, well above the 76 percent international criteria, supported by the Kingdom's data governance environment, consisting of national efforts led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are believing holistically about how to make the region attractive, including having more pragmatic laws to permit experimentation and development," stated the report.
Key Findings From Latest Regional Market Analysis ReportsTop magnate, policymakers and financiers from the GCC and Latin America recently checked out how countries from the 2 regions can grow trade between each other in Dubai, UAE.More than 500 local and global policymakers, presidents, CEOs, magnate, investors, and market experts went to the very first Global Organization 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 regions count on each other for important products.
In 2015 Latin America supplied almost half the meat imports into the GCC and 36 per cent of the region's overall sugar imports, it included. Brazil is without a doubt the largest trading partner for nations in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC relies on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for automobiles and Chile for wood products, stated a statement.
The forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how businesses can gain from the changing patterns of global demand and what role Dubai can play in facilitating the next step in organization relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but globally too, by acting as a details and research centre, by providing business paperwork, using legal services, facilitating networking opportunities through signature organization events and delivering almost every imaginable business option, it mentioned.
GCC growth will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil growth will stay strong but sluggish slightly. Non-oil activity will be supported by population development, new markets, and public financial investment; inflation will remain soft, while monetary policy will loosen up. Hydrocarbons sector growth will accelerate, balancing out in part lower oil rates; fiscal balances will be blended, with surpluses in UAE and Qatar, however deficits continue in other places.
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 drawing in funds and talent, stated service leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel discussion on the first day of SEF 2026 taking a look at "What Does the Next Year of Equity Capital Look Like", speakers agreed that the emerging regional investment landscape appears appealing.
Key Findings From Latest Regional Market Analysis ReportsReacting to a question on regional startups' potential customers of gaining from current investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "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 privacy; and truly strong academic institutions that are increasingly looking at AI and turning out technical skill in AI."She added: "Our supreme goal is to see this region, particularly the GCC, end up being an AI superpower.
Our greatest driver today is buying talent, since in the AI race, it's the technical talent that truly wins."Concentrating on the attractiveness of the area for financiers, Christos Mastoras, Founder and Handling Partner of Iliad Partners, stated: "I believe we are very lucky to onboard the three biggest banks of Greece as LPs [Limited Partners] for financial investment in the region.
"International growth funds are coming in, which shows clear indications of maturity of the ecosystem The capability of the UAE and regional governments to bring in skill; their innovation-first technique, abundance of capital here along with inflow internationally are the key structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the number of offers with the greatest worths, with 250 "largest ticket size" offers tape-recorded in 2025 in the nation.
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