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Affirming the development of AI in the region, a report released by PwC previously this month said that the usage of AI among the labor force in the Middle East continues to rise, with 75 percent of workers in the area using it in their jobs over the past 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's development in the technology sector and stated that 84 percent of CEOs in the nation are prepared to deploy AI responsibly, well above the 76 percent international criteria, supported by the Kingdom's data governance environment, including national efforts led by the Saudi Data and Expert System Authority.
Policymakers are believing holistically about how to make the area attractive, including having more pragmatic laws to permit experimentation and development," stated the report.
Scaling Corporate Growth Within Dubai and the GCCTop magnate, policymakers and investors from the GCC and Latin America recently explored how countries from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, presidents, CEOs, company leaders, investors, and industry experts attended the very first Global Service Online 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 items from Latin America. And exports to Latin America from the region were $5.6 billion, a statement from organisers said. Both areas depend on each other for necessary products.
In 2015 Latin America supplied almost half the meat imports into the GCC and 36 per cent of the region'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. Amongst the Latin American states, the GCC relies on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for vehicles and Chile for wood products, said a statement.
The forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how organizations can take advantage of the altering patterns of worldwide demand and what function Dubai can play in assisting in the next step in service relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however worldwide too, by acting as a details and research study centre, by supplying business documentation, offering legal services, assisting in networking opportunities through signature company events and providing practically every possible business option, it specified.
GCC development will enhance in 2026, led by faster expansion in hydrocarbons; non-oil growth will stay solid however slow somewhat. Non-oil activity will be supported by population development, new industries, and public financial investment; inflation will remain soft, while financial policy will loosen. Hydrocarbons sector growth will accelerate, offsetting in part lower oil costs; fiscal balances will be mixed, with surpluses in UAE and Qatar, however deficits continue elsewhere.
SHARJAH (WAM) The GCC and larger Middle East area is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies bring in funds and talent, stated company leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel conversation on the very first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Appear Like", speakers agreed that the emerging local financial investment landscape appears appealing.

Reacting to a concern on regional startups' prospects of benefiting from recent investments in digital facilities, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have so much choosing us in the region: the low expense of energy, a very progressive federal government that is ahead in policy, policy and data privacy; and truly strong instructional organizations that are progressively looking at AI and turning out technical talent in AI."She included: "Our ultimate objective is to see this region, particularly the GCC, become an AI superpower.
Our greatest motorist right now is buying skill, because in the AI race, it's the technical skill that truly wins."Focusing on the appearance of the area for financiers, Christos Mastoras, Creator and Managing Partner of Iliad Partners, said: "I think we are extremely lucky to onboard the three largest banks of Greece as LPs [Limited Partners] for investment in the region.
"International growth funds are coming in, which shows clear indications of maturity of the environment The ability of the UAE and regional governments to bring in skill; their innovation-first approach, abundance of capital here as well as inflow worldwide are the crucial foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the variety of handle the greatest worths, with 250 "largest ticket size" deals tape-recorded in 2025 in the country.
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