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Verifying the development of AI in the area, a report released by PwC previously this month stated that the usage of AI among the workforce in the Middle East continues to increase, with 75 percent of staff members in the region utilizing it in their tasks over the previous 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's development in the technology sector and stated that 84 percent of CEOs in the nation are all set to deploy AI properly, well above the 76 percent international benchmark, supported by the Kingdom's data governance environment, including nationwide initiatives led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are thinking holistically about how to make the region appealing, consisting of having more pragmatic laws to enable experimentation and development," stated the report.
Accelerating Dubai Manufacturing Expansion InitiativesTop company leaders, policymakers and financiers from the GCC and Latin America just recently explored how countries from the 2 areas can grow trade in between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, heads of state, CEOs, company leaders, financiers, and market professionals participated in the very first Global Company 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 goods from Latin America. And exports to Latin America from the region were $5.6 billion, a statement from organisers stated. Both areas rely on each other for vital products.
In 2015 Latin America supplied almost half the meat imports into the GCC and 36 percent of the area's total sugar imports, it added. Brazil is by far the biggest 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 vehicles and Chile for wood items, stated a statement.
The online forum was arranged by the Dubai Chamber of Commerce under the style "Moving Synergies", explores how businesses can benefit from the altering patterns of worldwide demand and what role Dubai can play in helping with the next step in company relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however globally too, by serving as an info and research study centre, by supplying company documentation, providing legal services, helping with networking chances by means of signature company occasions and providing nearly every conceivable company option, it stated.
GCC growth will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil development will stay solid however sluggish slightly. Non-oil activity will be supported by population development, new industries, and public investment; inflation will remain soft, while financial policy will loosen. Hydrocarbons sector development will accelerate, balancing out in part lower oil prices; financial balances will be blended, with surpluses in UAE and Qatar, however deficits continue somewhere else.
SHARJAH (WAM) The GCC and wider 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 drawing in funds and talent, said business leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the first day of SEF 2026 taking a look at "What Does the Next Year of Endeavor Capital Look Like", speakers agreed that the emerging regional investment landscape appears promising.
Navigating the Next GCC Business Landscape
Reacting to a concern on regional startups' potential customers of gaining from recent investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have a lot going for us in the region: the low expense of energy, a really progressive government that is ahead in policy, guideline and information privacy; and actually strong instructional organizations that are significantly looking at AI and turning out technical talent in AI."She added: "Our supreme goal is to see this area, particularly the GCC, become an AI superpower.
Our most significant motorist right now is investing in skill, because in the AI race, it's the technical talent that really wins.
"International development funds are coming in, which reveals clear signs of maturity of the environment The ability of the UAE and local federal governments to attract skill; their innovation-first approach, abundance of capital here along with inflow internationally are the crucial building blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the variety of handle the highest worths, with 250 "largest ticket size" deals recorded in 2025 in the country.
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