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Affirming the growth of AI in the region, a report launched by PwC previously this month said that the usage of AI among the labor force in the Middle East continues to increase, with 75 percent of employees in the region 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 said that 84 percent of CEOs in the country are all set to deploy AI responsibly, well above the 76 percent worldwide criteria, supported by the Kingdom's data governance environment, including nationwide initiatives led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are thinking holistically about how to make the area appealing, including having more practical laws to enable for experimentation and development," stated the report.

Top magnate, policymakers and financiers from the GCC and Latin America recently checked out how nations from the 2 regions can grow trade in between each other in Dubai, UAE.More than 500 local and global policymakers, presidents, CEOs, magnate, investors, and market specialists participated in the first Global Company Forum Latin America held at the Atlantis Palm - Dubai.

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In 2015 the GCC comprised 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 area were $5.6 billion, a declaration from organisers said. Both areas rely on each other for important products.

In 2015 Latin America provided 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 biggest trading partner for nations 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 vehicles and Chile for wood items, said a declaration.

The forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how services can take advantage of the changing patterns of global need and what function Dubai can play in helping with the next action in service relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however internationally too, by functioning as a details and research centre, by supplying service paperwork, providing legal services, facilitating networking opportunities via signature business occasions and delivering nearly every conceivable service service, it specified.

GCC growth will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain strong but sluggish slightly. Non-oil activity will be supported by population development, brand-new industries, and public investment; inflation will stay soft, while financial policy will loosen up. Hydrocarbons sector growth will speed up, balancing out in part lower oil rates; financial balances will be blended, with surpluses in UAE and Qatar, but deficits persist elsewhere.

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SHARJAH (WAM) The GCC and broader 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 attracting funds and talent, stated service leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel conversation on the first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Look Like", speakers concurred that the emerging local financial investment landscape appears appealing.

ANSR July GCC PRs 50DR+

Responding to a concern on local startups' potential customers of benefiting from recent investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have so much going for us in the area: the low expense of energy, an extremely progressive government that is ahead in policy, regulation and data privacy; and actually strong instructional institutions that are progressively taking a look at AI and ending up technical talent in AI."She added: "Our ultimate goal is to see this area, specifically the GCC, end up being an AI superpower.

Our biggest chauffeur today is investing in talent, due to the fact that in the AI race, it's the technical skill that really wins."Focusing on the appearance of the area for financiers, Christos Mastoras, Founder and Handling Partner of Iliad Partners, stated: "I believe we are very fortunate to onboard the 3 largest banks of Greece as LPs [Limited Partners] for investment in the region.

"International growth funds are coming in, which reveals clear signs of maturity of the environment The capability of the UAE and local governments to bring in talent; their innovation-first approach, abundance of capital here along with inflow internationally are the key foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the number of handle the highest values, with 250 "biggest ticket size" offers recorded in 2025 in the nation.