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Affirming the growth of AI in the region, a report launched by PwC previously this month said that the use of AI amongst the workforce in the Middle East continues to rise, with 75 percent of employees in the area using it in their tasks over the previous 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's progress in the innovation sector and said that 84 percent of CEOs in the nation are prepared to deploy AI properly, well above the 76 percent international criteria, supported by the Kingdom's data governance community, consisting of national initiatives led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are thinking holistically about how to make the region appealing, consisting of having more practical laws to enable experimentation and development," stated the report.
The 2026 Vision for Human Being Capital in the UAETop business leaders, policymakers and investors from the GCC and Latin America just recently explored how nations from the two areas can grow trade between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, heads of state, CEOs, magnate, investors, and market experts participated in 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 region were $5.6 billion, a statement from organisers said. Both regions rely on each other for necessary items.
In 2015 Latin America supplied 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 biggest trading partner for countries in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC counts on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, stated a statement.
The online forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how organizations can benefit from the changing patterns of international need and what role Dubai can play in helping with the next action in service relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however globally too, by functioning as an information and research study centre, by providing company documentation, using legal services, facilitating networking chances via signature service occasions and providing almost every possible organization option, it stated.
GCC development will enhance in 2026, led by faster expansion in hydrocarbons; non-oil development will stay strong however sluggish a little. Non-oil activity will be supported by population development, brand-new industries, and public investment; inflation will remain soft, while financial policy will loosen up. Hydrocarbons sector growth will accelerate, balancing out in part lower oil costs; financial balances will be combined, with surpluses in UAE and Qatar, but deficits continue somewhere else.
SHARJAH (WAM) The GCC and broader Middle East region is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies bring in funds and skill, stated magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel conversation on the very first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Look Like", speakers agreed that the emerging local investment landscape appears promising.
The 2026 Vision for Human Being Capital in the UAEReacting to a concern on local start-ups' potential customers of taking advantage of current financial investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have so much going for us in the region: the low cost of energy, a very progressive government that is ahead in policy, policy and data privacy; and really strong universities that are progressively taking a look at AI and turning out technical skill in AI."She added: "Our supreme goal is to see this region, specifically the GCC, end up being an AI superpower.
Our biggest driver right now is investing in talent, because in the AI race, it's the technical skill that actually wins.
"International growth funds are being available in, which reveals clear signs of maturity of the community The ability of the UAE and regional federal governments to draw in skill; their innovation-first approach, abundance of capital here as well as inflow globally are the crucial foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the number of handle the highest values, with 250 "biggest ticket size" deals taped in 2025 in the nation.
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