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Verifying the growth 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 utilizing it in their jobs 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 country are ready to deploy AI properly, well above the 76 percent international standard, supported by the Kingdom's information governance community, including nationwide efforts led by the Saudi Data and Expert System Authority.

Policymakers are believing holistically about how to make the region appealing, including having more pragmatic laws to enable experimentation and development," said the report.

Top service leaders, policymakers and financiers from the GCC and Latin America just recently checked out how countries from the two areas can grow trade between each other in Dubai, UAE.More than 500 regional and global policymakers, presidents, CEOs, magnate, financiers, and industry specialists went to the first Global Organization Forum Latin America held at the Atlantis Palm - Dubai.

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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 depend on each other for vital products.

In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the region's overall sugar imports, it added. Brazil is without a doubt the biggest trading partner for nations in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC relies on Brazil for meat (generally poultry), Argentina for cereals, Mexico for cars and Chile for wood products, said a declaration.

The online forum was organised by the Dubai Chamber of Commerce under the style "Moving Synergies", checks out how businesses can take advantage of the altering patterns of international need and what function Dubai can play in facilitating the next action in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but internationally too, by acting as an information and research centre, by supplying organization documents, providing legal services, helping with networking opportunities by means of signature organization events and delivering nearly every imaginable business service, it stated.

GCC development will enhance in 2026, led by faster expansion in hydrocarbons; non-oil growth will stay solid however slow slightly. Non-oil activity will be supported by population growth, brand-new markets, and public investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector development will accelerate, balancing out in part lower oil prices; fiscal balances will be blended, with surpluses in UAE and Qatar, however deficits persist elsewhere.

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SHARJAH (WAM) The GCC and broader 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 organization leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel discussion on the first day of SEF 2026 examining "What Does the Next Year of Equity Capital Look Like", speakers agreed that the emerging local financial investment landscape appears promising.

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Reacting to a concern on regional startups' prospects of taking advantage of recent investments in digital infrastructure, Tala Al Jabri, Creator and Managing Partner of Wyld VC stated: "We have a lot going for us in the region: the low expense of energy, a very progressive government that is ahead in policy, policy and data privacy; and actually strong educational institutions that are increasingly looking at AI and ending up technical talent in AI."She included: "Our ultimate goal is to see this area, particularly the GCC, become an AI superpower.

Our greatest chauffeur right now is investing in talent, since in the AI race, it's the technical talent that actually wins.

"International development funds are coming in, which reveals clear indications of maturity of the ecosystem The ability of the UAE and regional federal governments to attract talent; their innovation-first approach, abundance of capital here along with inflow worldwide are the key building blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of handle the greatest worths, with 250 "largest ticket size" offers tape-recorded in 2025 in the nation.