Predicting the Next GCC Business Landscape

Verifying the development of AI in the area, a report launched by PwC earlier this month said that the use of AI among the labor force in the Middle East continues to rise, with 75 percent of workers in the area using it in their tasks over the past 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's development in the innovation sector and said that 84 percent of CEOs in the nation are ready to release AI responsibly, well above the 76 percent international standard, supported by the Kingdom's information governance environment, including national efforts led by the Saudi Data and Artificial Intelligence 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.

Top company leaders, policymakers and investors from the GCC and Latin America just recently explored how countries from the two areas can grow trade in between each other in Dubai, UAE.More than 500 local and international policymakers, heads of state, CEOs, magnate, financiers, and industry specialists participated in the first Global Business Forum Latin America held at the Atlantis Palm - Dubai.

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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 necessary products.

In 2015 Latin America supplied almost half the meat imports into the GCC and 36 percent of the region's total sugar imports, it added. Brazil is without a doubt 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 (generally poultry), Argentina for cereals, Mexico for vehicles and Chile for wood products, said a statement.

The forum was organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", checks out how organizations can benefit from the altering patterns of worldwide demand and what function Dubai can play in assisting in the next action in company relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however globally too, by acting as a details and research study centre, by offering organization paperwork, using legal services, assisting in networking chances by means of signature company occasions and providing almost every possible business service, it stated.

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

Industrial Excellence: a Key Driver for Regional Growth

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

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Reacting to a question on local startups' potential customers of gaining from recent investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have so much opting for us in the area: the low cost of energy, a really progressive government that is ahead in policy, regulation and information privacy; and really strong universities that are increasingly looking at AI and ending up technical skill in AI."She included: "Our supreme objective is to see this region, particularly the GCC, become an AI superpower.

Our greatest motorist today is investing in skill, since in the AI race, it's the technical talent that really wins."Focusing on the beauty of the region for financiers, Christos Mastoras, Creator and Managing Partner of Iliad Partners, said: "I think we are extremely lucky to onboard the 3 largest banks of Greece as LPs [Limited Partners] for investment in the region.

"International development funds are being available in, which reveals clear indications of maturity of the ecosystem The ability of the UAE and regional federal governments to bring in skill; their innovation-first technique, abundance of capital here in addition to inflow globally are the key foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the variety of handle the highest values, with 250 "biggest ticket size" offers tape-recorded in 2025 in the country.