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Affirming the growth of AI in the area, a report launched by PwC previously this month said that the use of AI among the labor force in the Middle East continues to increase, with 75 percent of staff members in the region using it in their tasks over the previous 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 nation are ready to deploy AI responsibly, well above the 76 percent global criteria, supported by the Kingdom's data governance ecosystem, consisting of nationwide initiatives led by the Saudi Data and Expert System Authority.
Policymakers are believing holistically about how to make the region appealing, including having more practical laws to permit experimentation and growth," stated the report.
Forward-Thinking Operational Models for 2026 MarketsTop magnate, policymakers and investors 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 regional and worldwide policymakers, presidents, CEOs, organization leaders, financiers, and industry professionals went to the first Global Company Online 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 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 items.
In 2015 Latin America provided almost half the meat imports into the GCC and 36 percent of the region's overall sugar imports, it added. 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 relies on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for vehicles and Chile for wood items, stated 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 international demand and what role Dubai can play in facilitating the next action in business relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but globally too, by acting as a details and research centre, by supplying business paperwork, providing legal services, helping with networking chances via signature company events and delivering almost every conceivable company solution, it specified.
GCC growth will strengthen in 2026, led by faster growth in hydrocarbons; non-oil growth will stay strong however sluggish a little. Non-oil activity will be supported by population development, new industries, and public investment; inflation will stay soft, while financial policy will loosen. Hydrocarbons sector growth will accelerate, balancing out in part lower oil prices; financial balances will be blended, with surpluses in UAE and Qatar, however deficits persist somewhere else.
SHARJAH (WAM) The GCC and broader 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 drawing in funds and talent, stated magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel discussion on the very first day of SEF 2026 examining "What Does the Next Year of Venture Capital Appear Like", speakers agreed that the emerging local financial investment landscape appears promising.
Emerging Strategic Shifts Shaping the 2026 Regional Economy
Reacting to a question on regional startups' prospects of taking advantage of recent investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC stated: "We have a lot opting for us in the area: the low expense of energy, an extremely progressive federal government that is ahead in policy, policy and data privacy; and truly strong educational institutions that are increasingly taking a look at AI and turning out technical talent in AI."She included: "Our ultimate objective is to see this area, specifically the GCC, end up being an AI superpower.
Our biggest chauffeur right now is purchasing talent, since in the AI race, it's the technical talent that truly wins."Concentrating on the attractiveness of the area for investors, Christos Mastoras, Founder and Handling Partner of Iliad Partners, said: "I think we are very lucky to onboard the 3 largest banks of Greece as LPs [Limited Partners] for investment in the region.
"International growth funds are can be found in, which reveals clear indications of maturity of the environment The ability of the UAE and regional federal governments to draw in talent; their innovation-first method, abundance of capital here in addition to inflow internationally are the key 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 "biggest ticket size" offers recorded in 2025 in the nation.
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