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Affirming the growth of AI in the area, a report released by PwC previously this month stated that the use of AI amongst the labor force in the Middle East continues to rise, with 75 percent of staff members in the area using it in their tasks over the past 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's development in the innovation sector and said that 84 percent of CEOs in the nation are all set to deploy AI responsibly, well above the 76 percent global benchmark, supported by the Kingdom's data governance community, consisting of national efforts led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are thinking holistically about how to make the region attractive, consisting of having more practical laws to allow for experimentation and development," stated the report.
GCC News: Major Market Trends in 2026Top magnate, policymakers and financiers from the GCC and Latin America just recently explored how countries from the two regions can grow trade in between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, presidents, CEOs, service leaders, financiers, and market professionals went to the very 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 stated. Both regions count on each other for vital items.
In 2015 Latin America provided almost half the meat imports into the GCC and 36 per cent of the area's overall sugar imports, it added. 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 relies on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for cars and Chile for wood items, stated a declaration.
The forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how businesses can gain from the altering patterns of global demand and what role Dubai can play in assisting in the next action in business relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but internationally too, by serving as an information and research study centre, by supplying service documentation, providing legal services, assisting in networking opportunities via signature business occasions and providing practically every possible organization option, it specified.
GCC development will reinforce in 2026, led by faster growth in hydrocarbons; non-oil development will remain strong however slow a little. Non-oil activity will be supported by population development, new markets, and public financial investment; inflation will stay soft, while financial policy will loosen. Hydrocarbons sector growth will accelerate, balancing out in part lower oil rates; financial balances will be combined, with surpluses in UAE and Qatar, however deficits persist in other places.
SHARJAH (WAM) The GCC and larger Middle East area is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies drawing in funds and skill, stated magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel discussion on the very first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Look Like", speakers agreed that the emerging local investment landscape appears promising.
GCC News: Major Market Trends in 2026
Reacting to a concern on regional startups' prospects of benefiting from current financial investments in digital facilities, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have a lot choosing us in the area: the low cost of energy, an extremely progressive government that is ahead in policy, guideline and data personal privacy; and really strong universities that are increasingly looking at AI and turning out technical skill in AI."She included: "Our ultimate goal is to see this area, specifically the GCC, become an AI superpower.
Our most significant motorist right now is investing in skill, because in the AI race, it's the technical talent that really wins.
"International growth funds are being available in, which shows clear indications of maturity of the environment The capability of the UAE and regional governments to bring in skill; their innovation-first approach, abundance of capital here in addition to inflow internationally are the essential foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the variety of offers with the highest worths, with 250 "biggest ticket size" deals recorded in 2025 in the nation.
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