Analysing New Market Data for Future Growth

Verifying the development of AI in the area, a report released by PwC earlier this month stated that the usage of AI among the workforce in the Middle East continues to rise, with 75 percent of staff members 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 innovation sector and said that 84 percent of CEOs in the nation are prepared to deploy AI responsibly, well above the 76 percent worldwide criteria, supported by the Kingdom's data governance environment, consisting of national efforts led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are thinking holistically about how to make the region attractive, including having more practical laws to enable experimentation and development," said the report.

Leading company leaders, policymakers and financiers from the GCC and Latin America recently explored how nations from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 local and international policymakers, heads of state, CEOs, company leaders, investors, and market experts went to the first Global Organization Online forum Latin America held at the Atlantis Palm - Dubai.

Essential Steps for Industrial Excellence in 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 said. Both regions count on each other for essential items.

In 2015 Latin America supplied almost half the meat imports into the GCC and 36 per cent of the region's total sugar imports, it added. Brazil is without a doubt the largest trading partner for nations in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC counts on Brazil for meat (generally poultry), Argentina for cereals, Mexico for cars and Chile for wood products, stated a declaration.

The online forum was organised by the Dubai Chamber of Commerce under the style "Moving Synergies", explores how organizations can take advantage of the changing patterns of global need and what role Dubai can play in facilitating the next action in service relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however internationally too, by acting as a details and research centre, by offering organization documents, offering legal services, assisting in networking opportunities via signature organization events and delivering almost every imaginable company service, it stated.

GCC development will reinforce in 2026, led by faster growth in hydrocarbons; non-oil development will stay strong however sluggish slightly. Non-oil activity will be supported by population development, new industries, and public financial investment; inflation will stay soft, while financial policy will loosen up. Hydrocarbons sector growth will speed up, offsetting in part lower oil rates; financial balances will be combined, with surpluses in UAE and Qatar, however deficits persist in other places.

How to Maintain a Competitive Advantage in 2026

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 drawing in funds and skill, stated 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 Venture Capital Look Like", speakers agreed that the emerging local investment landscape appears appealing.

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Responding to a concern on regional startups' potential customers of benefiting from current investments in digital facilities, Tala Al Jabri, Creator and Handling Partner of Wyld VC said: "We have so much choosing us in the region: the low expense of energy, an extremely progressive government that is ahead in policy, guideline and information personal privacy; and truly strong academic organizations that are increasingly taking a look at AI and ending up technical talent in AI."She included: "Our supreme goal is to see this region, specifically the GCC, end up being an AI superpower.

Our greatest chauffeur right now is investing in talent, due to the fact that in the AI race, it's the technical talent that truly wins.

"International development funds are coming in, which shows clear indications of maturity of the ecosystem The capability of the UAE and local governments to attract talent; their innovation-first method, abundance of capital here as well as inflow internationally are the essential foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the variety of handle the greatest worths, with 250 "biggest ticket size" deals taped in 2025 in the nation.