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Affirming the growth of AI in the area, a report released by PwC previously this month said that the use of AI among the labor force in the Middle East continues to rise, with 75 percent of workers in the area using it in their jobs over the past 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's progress in the innovation sector and stated that 84 percent of CEOs in the country are all set to release AI properly, well above the 76 percent worldwide benchmark, supported by the Kingdom's information governance ecosystem, including nationwide initiatives 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 enable for experimentation and development," said the report.

Top magnate, policymakers and investors from the GCC and Latin America recently checked out how countries from the two areas can grow trade in between each other in Dubai, UAE.More than 500 local and international policymakers, heads of state, CEOs, magnate, investors, and market professionals went to the very first Global Service Online forum Latin America held at the Atlantis Palm - Dubai.

Comparing Traditional Systems and Future Economic Strategies

In 2015 the GCC comprised 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 region were $5.6 billion, a declaration from organisers stated. Both areas rely on each other for vital items.

In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the area's total sugar imports, it included. Brazil is by far the largest trading partner for nations in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC counts on Brazil for meat (generally poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, said a declaration.

The forum was arranged by the Dubai Chamber of Commerce under the style "Moving Synergies", checks out how businesses can take advantage of the changing patterns of worldwide need and what role Dubai can play in facilitating the next step in organization relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however internationally too, by serving as an information and research centre, by providing business documentation, offering legal services, helping with networking opportunities via signature company events and delivering nearly every possible business service, it stated.

GCC development will enhance in 2026, led by faster expansion in hydrocarbons; non-oil development will stay strong however sluggish somewhat. Non-oil activity will be supported by population development, new markets, and public financial investment; inflation will remain soft, while financial policy will loosen. Hydrocarbons sector development will accelerate, offsetting in part lower oil costs; financial balances will be blended, with surpluses in UAE and Qatar, but deficits persist in other places.

How to Maintain a Competitive Advantage in Dubai

SHARJAH (WAM) The GCC and larger Middle East area is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies bring in funds and talent, said magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel conversation on the first day of SEF 2026 taking a look at "What Does the Next Year of Venture Capital Appear Like", speakers concurred that the emerging local financial investment landscape appears promising.

ANSR July GCC PRs 50DR+

Responding to a concern on local start-ups' potential customers of gaining from current financial investments in digital facilities, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have so much choosing us in the region: the low cost of energy, a very progressive federal government that is ahead in policy, guideline and data privacy; and actually strong universities that are increasingly taking a look at AI and turning out technical skill in AI."She added: "Our supreme objective is to see this area, specifically the GCC, become an AI superpower.

Our most significant motorist right now is investing in talent, since in the AI race, it's the technical skill that really wins.

"International development funds are can be found in, which reveals clear indications of maturity of the community The capability of the UAE and regional governments to attract talent; their innovation-first approach, abundance of capital here along with inflow worldwide are the essential structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the variety of handle the highest values, with 250 "biggest ticket size" deals taped in 2025 in the nation.