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Affirming the growth of AI in the region, a report released by PwC earlier this month said that the use of AI amongst the workforce in the Middle East continues to increase, with 75 percent of staff members in the region using it in their tasks over the previous 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's progress in the technology sector and said that 84 percent of CEOs in the nation are ready to deploy AI responsibly, well above the 76 percent international benchmark, supported by the Kingdom's information governance community, consisting of national initiatives led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are believing holistically about how to make the region attractive, including having more practical laws to enable experimentation and growth," said the report.
Advanced Planning for Regional SuccessTop organization leaders, policymakers and financiers from the GCC and Latin America just recently explored how countries from the 2 regions can grow trade in between each other in Dubai, UAE.More than 500 regional and global policymakers, presidents, CEOs, company leaders, investors, and industry experts went to the first Global Business Online 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 products from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers said. Both areas depend on each other for necessary items.
In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the region's overall sugar imports, it added. Brazil is without a doubt the biggest trading partner for countries in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC counts on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, said a statement.
The forum was arranged by the Dubai Chamber of Commerce under the style "Moving Synergies", checks out how services can take advantage of the changing patterns of international demand and what function Dubai can play in helping with the next action in organization relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however internationally too, by acting as an information and research centre, by providing business paperwork, providing legal services, assisting in networking chances by means of signature business events and delivering practically every conceivable business solution, it stated.
GCC development will enhance in 2026, led by faster growth in hydrocarbons; non-oil growth will remain solid however slow somewhat. Non-oil activity will be supported by population growth, brand-new industries, and public financial investment; inflation will remain soft, while monetary policy will loosen up. Hydrocarbons sector development will speed up, offsetting in part lower oil costs; financial balances will be combined, with surpluses in UAE and Qatar, but deficits persist somewhere else.
SHARJAH (WAM) The GCC and larger 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 attracting funds and skill, said business leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the very first day of SEF 2026 examining "What Does the Next Year of Venture Capital Appear Like", speakers concurred that the emerging local financial investment landscape appears appealing.
Advanced Planning for Regional Success
Responding to a question on regional startups' potential customers of taking advantage of recent investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have a lot 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 truly strong universities that are significantly taking a look at AI and turning out technical skill in AI."She added: "Our supreme goal is to see this region, specifically the GCC, become an AI superpower.
Our greatest motorist right now is investing in talent, since in the AI race, it's the technical skill that really wins.
"International development funds are being available in, which reveals clear indications of maturity of the community The ability of the UAE and regional governments to attract skill; their innovation-first method, abundance of capital here along with inflow globally are the essential foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the number of deals with the highest worths, with 250 "largest ticket size" deals recorded in 2025 in the nation.
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