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Verifying the growth of AI in the region, a report released by PwC previously this month stated that the usage of AI amongst the workforce in the Middle East continues to increase, with 75 percent of staff members in the area utilizing it in their jobs over the past 12 months.
In November, a report launched 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 responsibly, well above the 76 percent international standard, supported by the Kingdom's data governance environment, including nationwide efforts led by the Saudi Data and Expert System Authority.
Policymakers are thinking holistically about how to make the area appealing, including having more pragmatic laws to permit experimentation and development," said the report.
Leveraging GCC Research to Drive Strategic GrowthLeading organization leaders, policymakers and investors from the GCC and Latin America recently checked out how nations from the 2 areas can grow trade in between each other in Dubai, UAE.More than 500 local and global policymakers, presidents, CEOs, magnate, financiers, and market professionals participated in 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 goods from Latin America. And exports to Latin America from the area were $5.6 billion, a declaration from organisers said. Both areas rely 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 total sugar imports, it included. 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 depends on Brazil for meat (generally poultry), Argentina for cereals, Mexico for automobiles and Chile for wood products, said a declaration.
The forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how companies can take advantage of the altering patterns of worldwide need and what function Dubai can play in facilitating the next step in company relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but worldwide too, by acting as a details and research centre, by supplying company documentation, offering legal services, assisting in networking chances through signature service occasions and delivering almost every conceivable organization solution, it specified.
GCC development will enhance in 2026, led by faster growth in hydrocarbons; non-oil development will remain solid however sluggish a little. Non-oil activity will be supported by population growth, new industries, and public financial investment; inflation will remain soft, while financial policy will loosen. Hydrocarbons sector development will accelerate, balancing out in part lower oil rates; fiscal balances will be mixed, with surpluses in UAE and Qatar, but deficits continue elsewhere.
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 bring in funds and skill, said company leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel discussion on the very first day of SEF 2026 analyzing "What Does the Next Year of Venture Capital Appear Like", speakers concurred that the emerging regional financial investment landscape appears promising.
Key Shifts in the Future Middle East Market
Reacting to a concern on regional startups' prospects of taking advantage of recent investments in digital facilities, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have a lot opting for us in the area: the low expense of energy, a really progressive federal government that is ahead in policy, regulation and information privacy; and actually strong educational organizations that are increasingly taking a look at AI and turning out technical skill in AI."She included: "Our ultimate objective is to see this area, particularly the GCC, end up being an AI superpower.
Our most significant chauffeur right now is investing in skill, because in the AI race, it's the technical skill that actually wins.
"International growth funds are coming in, which shows clear signs of maturity of the ecosystem The ability of the UAE and local federal governments to draw in skill; their innovation-first technique, abundance of capital here in addition to inflow worldwide are the key building blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of handle the greatest values, with 250 "largest ticket size" offers recorded in 2025 in the country.
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