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Verifying the development of AI in the region, a report launched by PwC earlier this month said that the usage of AI among the labor force in the Middle East continues to increase, with 75 percent of workers in the area using it in their jobs over the previous 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's progress in the technology sector and said that 84 percent of CEOs in the nation are ready to release AI properly, well above the 76 percent worldwide standard, supported by the Kingdom's information governance community, including nationwide efforts led by the Saudi Data and Expert System Authority.
Policymakers are thinking holistically about how to make the area attractive, consisting of having more practical laws to enable for experimentation and development," said the report.
Crucial GCC Market Analysis Insights for 2026Leading company leaders, policymakers and investors from the GCC and Latin America recently checked out how countries from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 regional and international policymakers, heads of state, CEOs, magnate, financiers, and industry experts attended the very first Global Organization Online 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 products 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 provided almost half the meat imports into the GCC and 36 percent of the region's total sugar imports, it added. Brazil is by far 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 (primarily poultry), Argentina for cereals, Mexico for lorries and Chile for wood items, said a statement.
The online forum was organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", checks out how services can gain from the changing patterns of worldwide need and what function Dubai can play in helping with the next step in service relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however internationally too, by functioning as an information and research centre, by supplying organization documentation, providing legal services, facilitating networking opportunities via signature service events and delivering nearly every possible organization service, it specified.
GCC development will enhance in 2026, led by faster expansion in hydrocarbons; non-oil development will stay strong however slow a little. Non-oil activity will be supported by population development, new markets, and public financial investment; inflation will remain soft, while monetary policy will loosen. Hydrocarbons sector growth will speed up, balancing out in part lower oil costs; fiscal balances will be combined, with surpluses in UAE and Qatar, but deficits persist somewhere else.
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 skill, said organization leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel discussion on the very first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Appear Like", speakers concurred that the emerging regional financial investment landscape appears appealing.

Reacting to a question on regional startups' potential customers of gaining from recent financial investments in digital facilities, Tala Al Jabri, Founder and Handling Partner of Wyld VC said: "We have so much opting for us in the area: the low expense of energy, a really progressive government that is ahead in policy, policy and information personal privacy; and really strong universities that are progressively taking a look at AI and turning out technical talent in AI."She added: "Our ultimate objective is to see this area, specifically the GCC, end up being an AI superpower.
Our greatest chauffeur right now is buying talent, since in the AI race, it's the technical skill that truly wins."Concentrating on the beauty of the region for investors, Christos Mastoras, Creator and Managing Partner of Iliad Partners, said: "I think we are really fortunate to onboard the 3 biggest banks of Greece as LPs [Limited Partners] for investment in the area.
"International development funds are coming in, which reveals clear signs of maturity of the ecosystem The ability of the UAE and local federal governments to draw in skill; their innovation-first method, abundance of capital here as well as inflow globally are the essential foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the number of handle the greatest values, with 250 "biggest ticket size" deals tape-recorded in 2025 in the country.
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