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Affirming the development of AI in the area, a report released by PwC previously this month said that the use of AI amongst the labor force in the Middle East continues to rise, with 75 percent of staff members in the area using it in their jobs over the previous 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's development in the innovation sector and stated that 84 percent of CEOs in the country are ready to release AI properly, well above the 76 percent worldwide standard, supported by the Kingdom's data governance ecosystem, including national initiatives led by the Saudi Data and Expert System Authority.
Policymakers are believing holistically about how to make the region attractive, consisting of having more pragmatic laws to enable for experimentation and development," said the report.
Industrial Excellence: a Key Driver for Regional GrowthTop company leaders, policymakers and financiers from the GCC and Latin America recently explored how nations from the two areas can grow trade between each other in Dubai, UAE.More than 500 local and global policymakers, presidents, CEOs, magnate, investors, and market specialists attended the first Global Company 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 items from Latin America. And exports to Latin America from the area were $5.6 billion, a declaration from organisers said. Both regions rely on each other for necessary products.
In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 percent of the region's overall sugar imports, it included. Brazil is by far the largest trading partner for countries in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC counts on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for cars and Chile for wood products, stated a declaration.
The forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how organizations can benefit from the altering patterns of global demand and what role Dubai can play in helping with the next step in business relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however worldwide too, by functioning as an information and research centre, by offering business paperwork, offering legal services, facilitating networking chances by means of signature organization occasions and delivering nearly every possible organization service, it stated.
GCC development will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil development will remain strong however sluggish a little. Non-oil activity will be supported by population development, new markets, and public financial investment; inflation will remain soft, while monetary policy will loosen. Hydrocarbons sector growth will speed up, offsetting in part lower oil costs; financial balances will be blended, with surpluses in UAE and Qatar, but deficits continue elsewhere.
SHARJAH (WAM) The GCC and larger 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 talent, stated magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel conversation on the very first day of SEF 2026 taking a look at "What Does the Next Year of Venture Capital Appear Like", speakers concurred that the emerging regional investment landscape appears appealing.

Reacting to a question on local startups' potential customers of gaining from recent investments in digital infrastructure, 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, regulation and information privacy; and actually strong universities that are progressively looking at AI and ending up technical talent in AI."She included: "Our supreme goal is to see this area, particularly the GCC, end up being an AI superpower.
Our biggest motorist right now is purchasing talent, since in the AI race, it's the technical skill that truly wins."Focusing on the beauty of the region for investors, Christos Mastoras, Creator and Managing Partner of Iliad Partners, stated: "I believe we are very fortunate to onboard the 3 biggest banks of Greece as LPs [Limited Partners] for financial investment in the region.
"International development funds are can be found in, which reveals clear indications of maturity of the ecosystem The capability of the UAE and local federal governments to bring in skill; their innovation-first technique, abundance of capital here as well as inflow globally are the essential building blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the variety of handle the greatest values, with 250 "biggest ticket size" deals recorded in 2025 in the nation.
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