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Verifying the development of AI in the area, a report released by PwC previously this month stated that the use of AI among the workforce in the Middle East continues to increase, with 75 percent of employees in the area using it in their jobs over the past 12 months.
In November, a report launched by KPMG highlighted Saudi Arabia's progress in the technology sector and stated that 84 percent of CEOs in the country are ready to deploy AI properly, well above the 76 percent international criteria, supported by the Kingdom's information governance environment, including nationwide initiatives led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are thinking holistically about how to make the area appealing, including having more practical laws to enable experimentation and growth," said the report.
Utilizing Market Research to Drive Operational GrowthTop magnate, policymakers and investors 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 local and global policymakers, presidents, CEOs, magnate, financiers, and industry specialists attended 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 stated. Both areas 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 region's total sugar imports, it included. Brazil is by far the largest trading partner for nations in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for automobiles and Chile for wood products, stated a statement.
The forum was organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", checks out how businesses can take advantage of the altering patterns of global demand and what function Dubai can play in facilitating the next action in business relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but internationally too, by acting as an info and research study centre, by providing company documents, offering legal services, helping with networking opportunities via signature business events and delivering nearly every conceivable company option, it mentioned.
GCC growth will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain strong but slow a little. Non-oil activity will be supported by population growth, new markets, and public investment; inflation will stay soft, while monetary policy will loosen up. Hydrocarbons sector development will speed up, offsetting in part lower oil prices; fiscal balances will be blended, with surpluses in UAE and Qatar, however deficits continue somewhere else.
SHARJAH (WAM) The GCC and wider 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 talent, said company leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel conversation on the first day of SEF 2026 taking a look at "What Does the Next Year of Equity Capital Look Like", speakers concurred that the emerging regional investment landscape appears appealing.
Utilizing Market Research to Drive Operational Growth
Reacting to a question on regional start-ups' prospects of benefiting from recent investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have a lot going for us in the region: the low expense of energy, an extremely progressive government that is ahead in policy, regulation and information privacy; and actually strong academic organizations that are progressively taking a look at AI and turning out technical skill in AI."She included: "Our supreme goal is to see this area, particularly the GCC, become an AI superpower.
Our most significant motorist right now is investing in talent, because in the AI race, it's the technical talent that truly wins.
"International development funds are can be found in, which reveals clear signs of maturity of the community The ability of the UAE and local governments to draw in skill; their innovation-first method, abundance of capital here in addition to inflow internationally are the essential foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the variety of handle the highest values, with 250 "largest ticket size" deals recorded in 2025 in the country.
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