Navigating the 2026 Middle East Business Landscape

Verifying the development of AI in the region, a report launched by PwC previously this month stated that the use of AI amongst the labor force in the Middle East continues to rise, with 75 percent of workers in the region using it in their jobs over the past 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's progress in the innovation sector and said that 84 percent of CEOs in the country are ready to deploy AI properly, well above the 76 percent global benchmark, supported by the Kingdom's data governance ecosystem, consisting of nationwide initiatives 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 permit experimentation and growth," stated the report.

Top service leaders, policymakers and investors from the GCC and Latin America recently checked out how countries from the 2 regions can grow trade in between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, heads of state, CEOs, magnate, investors, and market professionals attended the first Global Organization 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 products from Latin America. And exports to Latin America from the region were $5.6 billion, a declaration from organisers stated. Both regions depend on each other for necessary products.

In 2015 Latin America provided almost half the meat imports into the GCC and 36 percent of the area's overall sugar imports, it included. Brazil is without a doubt the largest trading partner for countries 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, said a declaration.

The online forum was organised by the Dubai Chamber of Commerce under the style "Moving Synergies", checks out how businesses can take advantage of the altering patterns of worldwide demand and what role Dubai can play in assisting in the next step in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but internationally too, by serving as an info and research study centre, by supplying service documents, offering legal services, helping with networking chances through signature business occasions and delivering almost every conceivable service option, it stated.

GCC growth will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain solid however slow slightly. Non-oil activity will be supported by population development, brand-new markets, and public financial investment; inflation will remain soft, while monetary policy will loosen. Hydrocarbons sector growth will accelerate, balancing out in part lower oil costs; financial balances will be combined, with surpluses in UAE and Qatar, however deficits continue somewhere else.

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SHARJAH (WAM) The GCC and larger Middle East region 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 talent, stated business leaders 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 Equity Capital Appear Like", speakers concurred that the emerging local investment landscape appears promising.

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Reacting to a question on regional startups' potential customers of taking advantage of current financial investments in digital facilities, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have a lot going for us in the region: the low cost of energy, a very progressive federal government that is ahead in policy, regulation and information personal privacy; and truly strong universities that are increasingly looking at AI and turning out technical talent in AI."She added: "Our ultimate objective is to see this region, specifically the GCC, become an AI superpower.

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"International growth funds are can be found in, which reveals clear indications of maturity of the environment The ability of the UAE and regional federal governments to bring in talent; their innovation-first approach, abundance of capital here as well as inflow globally are the crucial structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of handle the highest worths, with 250 "largest ticket size" deals recorded in 2025 in the country.