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Affirming the development of AI in the area, a report released by PwC earlier this month stated that the usage 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 past 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 nation are ready to release AI properly, 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 region appealing, consisting of having more pragmatic laws to permit experimentation and growth," said the report.
Will Market Research Define Middle East Corporate Success?Leading service leaders, policymakers and investors from the GCC and Latin America just recently explored how nations from the two areas can grow trade in between each other in Dubai, UAE.More than 500 regional and global policymakers, heads of state, CEOs, business leaders, investors, and market professionals participated in 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 items from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers said. Both areas rely on each other for vital items.
In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 per cent of the region's overall sugar imports, it added. 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 relies on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for automobiles and Chile for wood products, stated a statement.
The forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how services can benefit from the changing patterns of worldwide demand and what function Dubai can play in helping with the next step in service relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but worldwide too, by serving as an information and research centre, by offering service documents, using legal services, facilitating networking opportunities by means of signature service occasions and providing nearly every conceivable service option, it mentioned.
GCC growth will enhance in 2026, led by faster growth in hydrocarbons; non-oil growth will remain solid but sluggish a little. Non-oil activity will be supported by population growth, new industries, and public investment; inflation will remain soft, while monetary policy will loosen. Hydrocarbons sector development will accelerate, balancing out in part lower oil prices; financial balances will be mixed, with surpluses in UAE and Qatar, however deficits persist elsewhere.
SHARJAH (WAM) The GCC and wider 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, said magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel discussion on the very first day of SEF 2026 taking a look at "What Does the Next Year of Equity Capital Appear Like", speakers agreed that the emerging regional investment landscape appears promising.
Strategic Planning for Middle East Success
Reacting to a concern on local start-ups' potential customers of benefiting from recent financial investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have a lot choosing us in the area: the low cost of energy, a very progressive government that is ahead in policy, policy and information personal privacy; and truly strong instructional institutions that are progressively taking a look at AI and ending up technical skill in AI."She added: "Our ultimate goal is to see this region, specifically the GCC, end up being an AI superpower.
Our most significant chauffeur right now is investing in skill, due to the fact that in the AI race, it's the technical talent that really wins.
"International growth funds are coming in, which shows clear signs of maturity of the ecosystem The ability of the UAE and local governments to bring in talent; their innovation-first technique, abundance of capital here as well as inflow internationally are the key structure blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the variety of deals with the highest values, with 250 "biggest ticket size" deals taped in 2025 in the country.
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