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Affirming the growth of AI in the region, a report released by PwC earlier this month said that the use of AI among the workforce in the Middle East continues to rise, with 75 percent of employees in the region using it in their jobs over the previous 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's development in the innovation sector and stated that 84 percent of CEOs in the country are ready to release AI responsibly, well above the 76 percent worldwide benchmark, supported by the Kingdom's data governance community, consisting of nationwide initiatives led by the Saudi Data and Expert System Authority.

Policymakers are believing holistically about how to make the region attractive, including having more pragmatic laws to enable experimentation and development," said the report.

Leading magnate, policymakers and financiers from the GCC and Latin America recently checked out how countries from the 2 areas can grow trade in between each other in Dubai, UAE.More than 500 local and international policymakers, presidents, CEOs, magnate, financiers, and market experts attended the very first Global Organization Forum Latin America held at the Atlantis Palm - Dubai.

Can Strategic Research Drive Dubai Industrial Growth?

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 area were $5.6 billion, a declaration from organisers said. Both areas count on each other for important items.

In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 per cent of the region's total 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 counts on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for cars and Chile for wood items, stated a declaration.

The online forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how businesses can gain from the changing patterns of international need and what function Dubai can play in helping with the next action in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but internationally too, by acting as an information and research centre, by supplying service documents, using legal services, assisting in networking opportunities by means of signature organization events and delivering nearly every imaginable service option, it mentioned.

GCC growth will enhance in 2026, led by faster growth in hydrocarbons; non-oil development will remain strong but sluggish somewhat. Non-oil activity will be supported by population development, new markets, and public financial investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector growth will accelerate, offsetting in part lower oil rates; fiscal balances will be combined, with surpluses in UAE and Qatar, but deficits persist elsewhere.

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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 federal government policies bring in funds and talent, stated magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the very first day of SEF 2026 taking a look at "What Does the Next Year of Endeavor Capital Appear Like", speakers concurred that the emerging regional financial investment landscape appears promising.

ANSR July GCC PRs 50DR+

Responding to a concern on regional startups' prospects of gaining from recent investments in digital facilities, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have so much going for us in the region: the low cost of energy, a really progressive federal government that is ahead in policy, regulation and data personal privacy; and truly strong universities that are progressively taking a look at AI and turning out technical skill in AI."She added: "Our ultimate objective is to see this region, specifically the GCC, become an AI superpower.

Our greatest motorist right now is investing in talent, since in the AI race, it's the technical talent that truly wins.

"International development funds are being available in, which reveals clear signs of maturity of the ecosystem The capability of the UAE and local governments to bring in talent; their innovation-first approach, abundance of capital here as well as inflow internationally are the essential foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the number of handle the greatest worths, with 250 "largest ticket size" offers recorded in 2025 in the country.