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Affirming the development of AI in the area, a report released by PwC previously this month said that the usage of AI amongst the labor force in the Middle East continues to increase, with 75 percent of workers in the region utilizing it in their tasks over the past 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 country are all set to release AI responsibly, well above the 76 percent global benchmark, supported by the Kingdom's data governance community, consisting of national initiatives led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are believing holistically about how to make the area appealing, consisting of having more pragmatic laws to permit experimentation and development," stated the report.
Leading Organizational Excellence in the 2026 GCCLeading business leaders, policymakers and financiers from the GCC and Latin America recently explored how countries from the 2 regions can grow trade 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 very first Global Organization 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 goods from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers said. Both regions rely on each other for necessary products.
In 2015 Latin America supplied almost half the meat imports into the GCC and 36 per cent of the area's total sugar imports, it added. Brazil is by far the largest trading partner for countries in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for cars and Chile for wood products, said a declaration.
The forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how businesses can gain from the changing patterns of worldwide demand and what function Dubai can play in facilitating the next action in organization relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however worldwide too, by serving as an information and research centre, by offering business documents, providing legal services, facilitating networking opportunities through signature business occasions and delivering practically every conceivable organization service, it mentioned.
GCC development will enhance in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain solid however sluggish somewhat. Non-oil activity will be supported by population growth, brand-new markets, and public financial investment; inflation will remain soft, while financial policy will loosen. Hydrocarbons sector development will speed up, balancing out in part lower oil costs; financial balances will be mixed, 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 financial investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies bring in funds and skill, said business leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel discussion on the very first day of SEF 2026 taking a look at "What Does the Next Year of Venture Capital Look Like", speakers concurred that the emerging regional investment landscape appears appealing.
Leading Organizational Excellence in the 2026 GCC
Reacting to a concern on regional startups' prospects of gaining from current investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have so much going for us in the area: the low cost of energy, an extremely progressive government that is ahead in policy, guideline and data personal privacy; and really strong universities that are significantly looking at AI and turning out technical talent in AI."She included: "Our ultimate objective is to see this area, particularly the GCC, end up being an AI superpower.
Our most significant motorist today is investing in talent, due to the fact that in the AI race, it's the technical talent that truly wins."Focusing on the beauty of the region for investors, Christos Mastoras, Founder and Managing Partner of Iliad Partners, said: "I think we are really lucky to onboard the three largest banks of Greece as LPs [Limited Partners] for investment in the region.
"International growth funds are can be found in, which shows clear signs of maturity of the environment The ability of the UAE and local federal governments to bring in skill; their innovation-first technique, abundance of capital here along with inflow worldwide are the essential building blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of deals with the highest values, with 250 "largest ticket size" offers taped in 2025 in the country.
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