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Verifying the development of AI in the region, a report launched by PwC earlier 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 using it in their jobs over the previous 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's development in the innovation sector and stated that 84 percent of CEOs in the nation are prepared to deploy AI responsibly, well above the 76 percent international benchmark, supported by the Kingdom's information governance environment, consisting of national initiatives led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are thinking holistically about how to make the region appealing, including having more practical laws to permit experimentation and development," said the report.
What Every Financier Needs To Know About Qatar's Legal ShiftTop magnate, 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 local and worldwide policymakers, heads of state, CEOs, service leaders, investors, and industry professionals attended 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 area were $5.6 billion, a declaration from organisers said. Both regions depend on each other for vital products.
In 2015 Latin America provided nearly half the meat imports into the GCC and 36 per cent of the area's total sugar imports, it added. Brazil is without a doubt the largest trading partner for nations in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC depends on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for cars and Chile for wood products, stated a statement.
The online forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how companies can benefit from the altering patterns of international demand and what function Dubai can play in assisting in the next step in company relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but worldwide too, by serving as a details and research study centre, by supplying organization documentation, providing legal services, facilitating networking opportunities via signature organization events and delivering nearly every conceivable business solution, it stated.
GCC growth will strengthen in 2026, led by faster growth in hydrocarbons; non-oil development will stay strong however sluggish somewhat. Non-oil activity will be supported by population growth, new markets, and public financial investment; inflation will stay soft, while financial policy will loosen up. Hydrocarbons sector growth will accelerate, balancing out in part lower oil prices; fiscal balances will be mixed, with surpluses in UAE and Qatar, however deficits persist somewhere else.
SHARJAH (WAM) The GCC and broader 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 talent, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel conversation on the first day of SEF 2026 examining "What Does the Next Year of Equity Capital Look Like", speakers agreed that the emerging local investment landscape appears promising.
What Every Financier Needs To Know About Qatar's Legal ShiftResponding to a concern on regional start-ups' potential customers of taking advantage of current investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have so much opting for us in the area: the low cost of energy, an extremely progressive federal government that is ahead in policy, guideline and information personal privacy; and truly strong instructional institutions that are increasingly looking at AI and turning out technical skill in AI."She added: "Our supreme objective is to see this region, particularly the GCC, become an AI superpower.
Our most significant motorist today is buying talent, due to the fact that in the AI race, it's the technical talent that truly wins."Concentrating on the beauty of the region for financiers, Christos Mastoras, Founder and Handling Partner of Iliad Partners, stated: "I think we are very lucky to onboard the 3 biggest banks of Greece as LPs [Limited Partners] for investment in the region.
"International growth funds are coming in, which reveals clear signs of maturity of the community The capability of the UAE and local governments to bring in skill; their innovation-first method, abundance of capital here in addition to inflow worldwide are the key structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of handle the greatest worths, with 250 "biggest ticket size" deals recorded in 2025 in the country.
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