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Verifying the growth of AI in the region, a report released by PwC earlier this month said that the use of AI amongst the workforce in the Middle East continues to rise, with 75 percent of staff members in the area utilizing it in their tasks over the past 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's progress in the technology sector and stated that 84 percent of CEOs in the nation are prepared to release AI properly, well above the 76 percent international criteria, supported by the Kingdom's data governance environment, consisting of nationwide initiatives led by the Saudi Data and Expert System Authority.
Policymakers are thinking holistically about how to make the region appealing, consisting of having more practical laws to enable experimentation and growth," said the report.
Top magnate, policymakers and financiers from the GCC and Latin America just recently explored how countries from the two areas can grow trade between each other in Dubai, UAE.More than 500 regional and international policymakers, presidents, CEOs, magnate, financiers, and industry experts participated in the very first Global Company 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 region were $5.6 billion, a declaration from organisers stated. Both areas depend on each other for necessary items.
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 included. 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 depends on Brazil for meat (generally poultry), Argentina for cereals, Mexico for vehicles and Chile for wood items, said a statement.
The forum was arranged by the Dubai Chamber of Commerce under the style "Moving Synergies", explores how businesses can gain from 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 however globally too, by acting as an information and research centre, by offering service documents, providing legal services, facilitating networking opportunities by means of signature company occasions and providing practically every imaginable company solution, it mentioned.
GCC development will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain strong however sluggish slightly. Non-oil activity will be supported by population development, brand-new industries, and public investment; inflation will remain soft, while financial policy will loosen. Hydrocarbons sector growth will speed up, balancing out in part lower oil costs; financial balances will be combined, with surpluses in UAE and Qatar, however deficits persist elsewhere.
SHARJAH (WAM) The GCC and wider 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 skill, said magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel discussion on the first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Look Like", speakers agreed that the emerging local financial investment landscape appears promising.
Middle East News: Strategic Corporate Trends in 2026
Reacting to a concern on local startups' potential customers of taking advantage of recent investments in digital facilities, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have so much opting for us in the area: the low expense of energy, a very progressive federal government that is ahead in policy, guideline and data personal privacy; and truly strong universities that are increasingly looking at AI and turning out technical talent in AI."She added: "Our supreme goal is to see this area, particularly the GCC, become an AI superpower.
Our biggest motorist right now is buying talent, because in the AI race, it's the technical skill that really wins."Focusing on the appearance of the area for investors, Christos Mastoras, Founder and Handling Partner of Iliad Partners, stated: "I think we are really fortunate to onboard the 3 biggest banks of Greece as LPs [Limited Partners] for investment in the region.
"International development funds are being available in, which reveals clear signs of maturity of the community The capability of the UAE and regional federal governments to draw in skill; their innovation-first approach, abundance of capital here along with inflow worldwide are the key building blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the number of offers with the greatest values, with 250 "biggest ticket size" deals tape-recorded in 2025 in the nation.
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