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Affirming the development of AI in the region, a report released by PwC previously this month said that the use of AI among the workforce in the Middle East continues to increase, with 75 percent of workers in the area using it in their jobs over the previous 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's progress in the technology sector and stated that 84 percent of CEOs in the country are all set to deploy AI responsibly, well above the 76 percent international standard, supported by the Kingdom's data governance environment, including national efforts led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are thinking holistically about how to make the region attractive, consisting of having more practical laws to enable for experimentation and development," stated the report.

Leading magnate, policymakers and financiers from the GCC and Latin America just recently checked out how countries from the two regions can grow trade between each other in Dubai, UAE.More than 500 local and global policymakers, presidents, CEOs, magnate, investors, and industry specialists went to the first Global Business Online forum Latin America held at the Atlantis Palm - Dubai.

Essential Tips for Operational Excellence in the GCC

In 2015 the GCC made up 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 region were $5.6 billion, a statement from organisers stated. Both areas count on each other for vital items.

In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the area's overall sugar imports, it added. Brazil is by far the biggest trading partner for countries in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC relies on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for cars and Chile for wood items, said a statement.

The forum was arranged by the Dubai Chamber of Commerce under the style "Shifting Synergies", explores how businesses can benefit from the changing patterns of international need and what role Dubai can play in helping with the next step in business relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but worldwide too, by acting as a details and research centre, by offering service documents, offering legal services, assisting in networking opportunities via signature company events and delivering nearly every imaginable service option, it mentioned.

GCC development will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil growth will stay strong however slow a little. Non-oil activity will be supported by population growth, new industries, and public financial investment; inflation will stay soft, while financial policy will loosen. Hydrocarbons sector development will accelerate, offsetting in part lower oil prices; fiscal balances will be blended, with surpluses in UAE and Qatar, but deficits persist elsewhere.

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SHARJAH (WAM) The GCC and wider Middle East region is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies drawing in funds and skill, said magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel conversation on the first day of SEF 2026 analyzing "What Does the Next Year of Endeavor Capital Look Like", speakers agreed that the emerging regional investment landscape appears appealing.

ANSR July GCC PRs 50DR+

Reacting to a concern on regional start-ups' potential customers of benefiting from recent financial investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have a lot going for us in the area: the low cost of energy, a very progressive federal government that is ahead in policy, policy and data personal privacy; and truly strong universities that are progressively taking a look at AI and turning out technical skill in AI."She added: "Our supreme goal is to see this region, specifically the GCC, end up being an AI superpower.

Our most significant chauffeur right now is buying talent, due to the fact that in the AI race, it's the technical skill that actually wins."Focusing on the appearance of the area for financiers, Christos Mastoras, Creator and Handling Partner of Iliad Partners, said: "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 shows clear signs of maturity of the ecosystem The ability of the UAE and local federal governments to bring in skill; their innovation-first approach, abundance of capital here as well as inflow worldwide are the key structure blocks."Paula Tavangar, Chief 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" offers recorded in 2025 in the country.