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Affirming the development of AI in the area, a report launched by PwC previously this month stated that the usage of AI amongst the labor force in the Middle East continues to rise, with 75 percent of employees in the region utilizing it in their tasks over the past 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's progress in the technology sector and said that 84 percent of CEOs in the country are prepared to deploy AI responsibly, well above the 76 percent international benchmark, 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 area attractive, including having more pragmatic laws to enable experimentation and growth," said the report.
Standardizing Operations Across Diverse Gulf Company LandscapesTop organization leaders, policymakers and investors from the GCC and Latin America just recently checked out how countries from the two regions can grow trade in between each other in Dubai, UAE.More than 500 regional and international policymakers, presidents, CEOs, company leaders, investors, and industry professionals participated in the first Global Business Forum Latin America held at the Atlantis Palm - Dubai.
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 declaration from organisers said. Both areas rely on each other for necessary items.
In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 percent of the region's overall sugar imports, it included. Brazil is by far the largest trading partner for nations in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (generally poultry), Argentina for cereals, Mexico for vehicles and Chile for wood products, said a declaration.
The online forum was arranged by the Dubai Chamber of Commerce under the style "Shifting Synergies", checks out how businesses can take advantage of the altering patterns of international need and what role Dubai can play in assisting in the next step in service relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but internationally too, by serving as an information and research centre, by offering service documents, using legal services, helping with networking opportunities via signature company events and providing almost every conceivable organization solution, it mentioned.
GCC development will strengthen in 2026, led by faster growth in hydrocarbons; non-oil growth will remain solid but slow somewhat. Non-oil activity will be supported by population development, brand-new markets, and public financial investment; inflation will stay soft, while financial policy will loosen. Hydrocarbons sector development will accelerate, offsetting in part lower oil prices; fiscal balances will be blended, with surpluses in UAE and Qatar, however deficits persist somewhere else.
SHARJAH (WAM) The GCC and larger Middle East region is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies attracting funds and skill, said company leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the very first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Look Like", speakers agreed that the emerging local financial investment landscape appears appealing.
The Shift Toward Outcome-Based Outsourcing in the GCCReacting to a concern on local start-ups' potential customers of taking advantage of recent financial investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC stated: "We have a lot opting for us in the area: the low cost of energy, an extremely progressive government that is ahead in policy, regulation and information personal privacy; and truly strong universities that are progressively looking at AI and ending up technical talent in AI."She added: "Our supreme goal is to see this region, particularly the GCC, become an AI superpower.
Our greatest chauffeur today is buying skill, because in the AI race, it's the technical talent that truly wins."Focusing on the beauty of the area for financiers, Christos Mastoras, Creator and Handling Partner of Iliad Partners, said: "I think we are very lucky to onboard the 3 largest banks of Greece as LPs [Limited Partners] for financial investment in the region.
"International development funds are can be found in, which reveals clear signs of maturity of the community The capability of the UAE and local governments to bring in talent; their innovation-first technique, abundance of capital here in addition to inflow internationally are the essential structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the number of handle the highest values, with 250 "largest ticket size" deals recorded in 2025 in the nation.
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