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Affirming the growth of AI in the region, a report released by PwC earlier this month said that the usage of AI among the labor force in the Middle East continues to rise, with 75 percent of staff members in the area using it in their tasks over the past 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's progress in the innovation sector and stated that 84 percent of CEOs in the nation are all set to deploy AI responsibly, well above the 76 percent global standard, supported by the Kingdom's data governance environment, consisting of nationwide efforts led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are believing holistically about how to make the region appealing, including having more practical laws to permit experimentation and growth," stated the report.
Emerging Strategic Shifts Shaping the 2026 GCC EconomyLeading magnate, policymakers and investors from the GCC and Latin America recently checked out how nations from the two regions can grow trade between each other in Dubai, UAE.More than 500 local and global policymakers, heads of state, CEOs, company leaders, financiers, and industry experts participated in the first Global Organization Online 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 products from Latin America. And exports to Latin America from the region were $5.6 billion, a statement from organisers said. Both regions rely on each other for necessary items.
In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the area's total sugar imports, it included. 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 counts on Brazil for meat (generally poultry), Argentina for cereals, Mexico for cars and Chile for wood items, said a declaration.
The online forum was organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", checks out how businesses can benefit from the altering patterns of worldwide need and what function Dubai can play in helping with the next action in service relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however globally too, by serving as an info and research centre, by offering service documentation, offering legal services, facilitating networking chances through signature business occasions and providing nearly every conceivable business option, it mentioned.
GCC growth will enhance in 2026, led by faster growth in hydrocarbons; non-oil development will stay strong but sluggish slightly. Non-oil activity will be supported by population development, brand-new industries, and public financial investment; inflation will stay soft, while monetary policy will loosen up. Hydrocarbons sector development will accelerate, offsetting in part lower oil rates; fiscal balances will be blended, with surpluses in UAE and Qatar, however deficits persist in other places.
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 federal 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 examining "What Does the Next Year of Venture Capital Appear Like", speakers concurred that the emerging regional investment landscape appears appealing.
Ways to Utilize GCC Research for 2026 GrowthReacting to a concern on local start-ups' prospects of gaining from current investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have so much opting for us in the region: the low expense of energy, an extremely progressive government that is ahead in policy, regulation and information personal privacy; and truly strong instructional organizations that are increasingly taking a look at AI and ending up technical skill in AI."She included: "Our supreme objective is to see this region, specifically the GCC, become an AI superpower.
Our biggest motorist right now is investing in talent, due to the fact that in the AI race, it's the technical talent that actually wins.
"International growth funds are being available in, which reveals clear indications of maturity of the community The capability of the UAE and local federal governments to draw in skill; their innovation-first technique, abundance of capital here along with inflow worldwide are the key building blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of handle the greatest worths, with 250 "biggest ticket size" offers taped in 2025 in the nation.
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