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Verifying the growth of AI in the area, a report launched by PwC previously this month said that the use of AI among the workforce in the Middle East continues to rise, with 75 percent of workers in the region using it in their tasks over the previous 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's progress in the technology sector and said that 84 percent of CEOs in the country are prepared to release AI responsibly, well above the 76 percent worldwide standard, supported by the Kingdom's information governance environment, including nationwide efforts led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are believing holistically about how to make the area attractive, including having more practical laws to enable for experimentation and development," stated the report.
Why Outsourcing Is No Longer Almost Cost SavingsTop business leaders, policymakers and financiers from the GCC and Latin America just recently explored how countries from the 2 regions can grow trade between each other in Dubai, UAE.More than 500 local and worldwide policymakers, heads of state, CEOs, magnate, investors, and market experts went to the very first Global Organization 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 goods from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers stated. Both regions count on each other for necessary 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 without a doubt 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 products, said a statement.
The online forum was organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", explores how services can gain from the altering patterns of international need and what role Dubai can play in assisting in the next step in business relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however worldwide too, by functioning as a details and research centre, by supplying service documentation, using legal services, assisting in networking chances via signature business events and providing almost every conceivable company solution, it mentioned.
GCC development will strengthen in 2026, led by faster growth in hydrocarbons; non-oil growth will stay strong however sluggish slightly. Non-oil activity will be supported by population growth, brand-new industries, and public investment; inflation will remain soft, while financial policy will loosen up. Hydrocarbons sector growth will speed up, offsetting in part lower oil rates; financial balances will be combined, with surpluses in UAE and Qatar, however deficits persist elsewhere.
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, said 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 Endeavor Capital Appear Like", speakers agreed that the emerging local investment landscape appears appealing.
Winning the Hearts and Minds of UAE TalentResponding to a concern on local startups' potential customers of taking advantage of current investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have so much choosing us in the area: the low cost of energy, a really progressive government that is ahead in policy, regulation and data personal privacy; and actually strong universities that are significantly looking at AI and turning out technical skill in AI."She added: "Our supreme goal is to see this area, particularly the GCC, become an AI superpower.
Our greatest motorist right now is investing in talent, since in the AI race, it's the technical skill that actually wins.
"International development funds are being available in, which shows clear indications of maturity of the community The ability of the UAE and regional federal governments to draw in skill; their innovation-first technique, abundance of capital here along with inflow globally are the crucial foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of handle the greatest worths, with 250 "largest ticket size" deals recorded in 2025 in the country.
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