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Verifying the development of AI in the region, a report released by PwC earlier this month said that the usage of AI amongst the workforce in the Middle East continues to rise, with 75 percent of staff members in the region utilizing it in their jobs over the past 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's development in the technology sector and stated that 84 percent of CEOs in the nation are all set to release AI responsibly, well above the 76 percent global criteria, supported by the Kingdom's information governance environment, consisting of national efforts led by the Saudi Data and Expert System Authority.
Policymakers are believing holistically about how to make the area appealing, consisting of having more pragmatic laws to permit for experimentation and growth," stated the report.
Essential GCC Market Research Trends in 2026Top magnate, policymakers and financiers from the GCC and Latin America just recently explored how nations from the 2 areas can grow trade in between each other in Dubai, UAE.More than 500 local and worldwide policymakers, heads of state, CEOs, organization leaders, financiers, and industry specialists participated in the first Global Organization 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 items from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers stated. Both areas rely on each other for vital products.
In 2015 Latin America supplied almost half the meat imports into the GCC and 36 per cent of the region's overall sugar imports, it added. Brazil is by far the largest trading partner for countries in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC depends on Brazil for meat (generally 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", checks out how organizations can take advantage of the changing patterns of international demand and what function Dubai can play in assisting in the next step in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however worldwide too, by functioning as an information and research centre, by supplying organization documents, offering legal services, facilitating networking chances via signature organization events and delivering practically every possible company solution, it specified.
GCC growth will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil development will remain strong however slow slightly. Non-oil activity will be supported by population growth, new markets, and public investment; inflation will remain soft, while financial policy will loosen. Hydrocarbons sector development will speed up, balancing out in part lower oil rates; fiscal balances will be blended, with surpluses in UAE and Qatar, however deficits persist somewhere else.
SHARJAH (WAM) The GCC and larger Middle East area is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies bring in funds and skill, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel discussion on the first day of SEF 2026 analyzing "What Does the Next Year of Endeavor Capital Look Like", speakers concurred that the emerging local financial investment landscape appears promising.

Reacting to a question on local startups' potential customers of benefiting from current financial investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC said: "We have a lot going for us in the region: the low cost of energy, a really progressive government that is ahead in policy, regulation and information privacy; and really strong educational institutions that are progressively taking a look at AI and ending up technical talent in AI."She included: "Our ultimate goal is to see this region, particularly the GCC, end up being an AI superpower.
Our most significant chauffeur right now is investing in skill, 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 ecosystem The capability of the UAE and regional federal governments to attract skill; their innovation-first technique, abundance of capital here along with inflow worldwide are the key foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital stated 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.
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