Comparing Legacy Models and 2026 Economic Frameworks

Affirming the growth of AI in the region, a report launched by PwC earlier this month stated that the use of AI among the labor force in the Middle East continues to increase, with 75 percent of workers in the area 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 all set to deploy AI responsibly, well above the 76 percent global benchmark, supported by the Kingdom's information governance environment, consisting of national initiatives led by the Saudi Data and Expert System Authority.

Policymakers are believing holistically about how to make the area appealing, including having more practical laws to enable experimentation and growth," stated the report.

Top business leaders, policymakers and investors from the GCC and Latin America recently explored how countries from the two regions can grow trade in between each other in Dubai, UAE.More than 500 local and worldwide policymakers, heads of state, CEOs, company leaders, financiers, and market specialists participated in the very first Global Service Forum Latin America held at the Atlantis Palm - Dubai.

How to Maintain a Competitive Edge in 2026

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 stated. Both areas count on each other for important 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 by far the biggest trading partner for countries in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC relies on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for automobiles and Chile for wood items, stated a declaration.

The online forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how organizations can gain from the altering patterns of global demand and what function Dubai can play in assisting in the next action in organization relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but internationally too, by serving as an info and research study centre, by supplying organization documents, using legal services, assisting in networking opportunities via signature company occasions and delivering nearly every possible company option, it mentioned.

GCC growth will strengthen in 2026, led by faster growth in hydrocarbons; non-oil development will remain solid but slow slightly. Non-oil activity will be supported by population growth, brand-new markets, and public investment; inflation will remain soft, while monetary policy will loosen up. Hydrocarbons sector development will speed up, offsetting in part lower oil rates; financial balances will be mixed, with surpluses in UAE and Qatar, but deficits continue elsewhere.

Emerging Strategic Shifts Shaping the 2026 GCC Economy

SHARJAH (WAM) The GCC and wider Middle East region is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies attracting funds and skill, stated magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the very first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Appear Like", speakers concurred that the emerging local investment landscape appears promising.

ANSR July GCC PRs 50DR+

Reacting to a question on local startups' prospects of benefiting from current investments in digital facilities, Tala Al Jabri, Creator and Handling Partner of Wyld VC said: "We have a lot choosing us in the region: the low cost of energy, a very progressive government that is ahead in policy, guideline and data privacy; and truly strong universities that are progressively taking a look at AI and ending up technical talent in AI."She added: "Our ultimate goal is to see this area, specifically the GCC, become an AI superpower.

Our greatest chauffeur right now is investing in skill, because in the AI race, it's the technical skill that really wins.

"International growth funds are coming in, which shows clear indications of maturity of the environment The capability of the UAE and local federal governments to bring in skill; their innovation-first method, abundance of capital here along with inflow globally are the crucial building blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the number of offers with the highest values, with 250 "biggest ticket size" deals tape-recorded in 2025 in the nation.