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Affirming the development of AI in the area, a report released by PwC earlier this month said that the use of AI among the workforce in the Middle East continues to increase, with 75 percent of staff members in the area 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 prepared to release AI responsibly, well above the 76 percent worldwide criteria, 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 area appealing, including having more practical laws to enable for experimentation and development," stated the report.
GCC News: Major Market Trends in 2026Leading magnate, policymakers and financiers from the GCC and Latin America just 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 industry specialists 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 region were $5.6 billion, a statement from organisers stated. Both regions count on each other for necessary products.
In 2015 Latin America provided almost half the meat imports into the GCC and 36 percent of the area's total sugar imports, it added. 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 (mainly poultry), Argentina for cereals, Mexico for cars and Chile for wood items, stated a declaration.
The forum was organised by the Dubai Chamber of Commerce under the style "Moving Synergies", explores how businesses can gain from the changing patterns of worldwide demand and what function Dubai can play in facilitating the next step in business relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but globally too, by serving as an info and research centre, by supplying company documents, using legal services, helping with networking chances via signature business events and delivering almost every imaginable service solution, it specified.
GCC growth will reinforce in 2026, led by faster growth in hydrocarbons; non-oil growth will remain strong but sluggish a little. Non-oil activity will be supported by population development, brand-new industries, and public financial investment; inflation will stay soft, while financial policy will loosen up. Hydrocarbons sector growth will accelerate, offsetting in part lower oil rates; fiscal balances will be mixed, 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 government policies drawing in funds and skill, stated service leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel discussion on the very first day of SEF 2026 examining "What Does the Next Year of Equity Capital Appear Like", speakers agreed that the emerging local investment landscape appears promising.
Responding to a concern on regional startups' prospects of benefiting from current investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have so much opting for us in the region: the low expense of energy, a very progressive government that is ahead in policy, policy and data personal privacy; and truly strong educational organizations that are increasingly taking a look at AI and turning out technical skill in AI."She included: "Our ultimate goal is to see this region, specifically the GCC, become an AI superpower.
Our greatest motorist right now is investing in talent, since in the AI race, it's the technical talent that actually wins.
"International growth funds are coming in, which reveals clear indications of maturity of the community The ability of the UAE and regional federal governments to attract talent; their innovation-first method, abundance of capital here in addition to inflow internationally are the essential foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the variety of deals with the highest values, with 250 "biggest ticket size" offers tape-recorded in 2025 in the nation.
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