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Verifying the development of AI in the area, a report launched by PwC previously this month said that the usage of AI amongst the workforce 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 launched by KPMG highlighted Saudi Arabia's progress in the innovation sector and stated that 84 percent of CEOs in the country are prepared to release AI properly, well above the 76 percent global benchmark, supported by the Kingdom's information governance ecosystem, including nationwide initiatives led by the Saudi Data and Artificial Intelligence Authority.

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

Top magnate, policymakers and financiers from the GCC and Latin America recently explored how countries from the 2 regions can grow trade in between each other in Dubai, UAE.More than 500 regional and international policymakers, heads of state, CEOs, magnate, financiers, and industry experts participated in the very first Global Company Online forum Latin America held at the Atlantis Palm - Dubai.

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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 area were $5.6 billion, a declaration from organisers stated. Both regions depend on each other for vital 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 by far the largest trading partner for countries in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC relies on Brazil for meat (generally poultry), Argentina for cereals, Mexico for automobiles and Chile for wood items, said a statement.

The online forum was arranged by the Dubai Chamber of Commerce under the style "Shifting Synergies", explores how businesses can gain from the altering patterns of global need and what role Dubai can play in facilitating the next step in organization 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 business paperwork, providing legal services, assisting in networking chances via signature organization events and providing almost every imaginable company solution, it stated.

GCC development will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil growth will stay strong however sluggish a little. Non-oil activity will be supported by population growth, new markets, and public investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector development will speed up, offsetting in part lower oil prices; fiscal balances will be blended, with surpluses in UAE and Qatar, however deficits continue elsewhere.

Predicting the Next Middle East Corporate Landscape

SHARJAH (WAM) The GCC and larger 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 attracting funds and skill, stated business leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel conversation on the very first day of SEF 2026 examining "What Does the Next Year of Equity Capital Appear Like", speakers concurred that the emerging regional financial investment landscape appears appealing.

ANSR July GCC PRs 50DR+

Reacting to a question on local start-ups' prospects of taking advantage of recent financial investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have a lot opting for us in the area: the low cost of energy, a very progressive government that is ahead in policy, guideline and data privacy; and really strong academic institutions that are significantly taking a look at AI and turning out technical talent in AI."She added: "Our supreme goal is to see this region, specifically the GCC, end up being an AI superpower.

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"International development funds are can be found in, which shows clear signs of maturity of the community The capability of the UAE and regional governments to bring in talent; their innovation-first technique, abundance of capital here in addition to 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 variety of offers with the greatest values, with 250 "biggest ticket size" offers recorded in 2025 in the nation.