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Verifying the growth of AI in the area, a report released by PwC previously this month said that the use of AI among the workforce in the Middle East continues to rise, with 75 percent of employees in the region utilizing it in their jobs over the past 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 country are all set to release AI properly, well above the 76 percent global standard, supported by the Kingdom's information governance community, consisting of nationwide efforts led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are believing holistically about how to make the region attractive, consisting of having more practical laws to allow for experimentation and growth," said the report.

Leading organization leaders, policymakers and investors from the GCC and Latin America recently checked out how nations from the two regions can grow trade between each other in Dubai, UAE.More than 500 local and global policymakers, heads of state, CEOs, magnate, investors, and market experts participated in the first Global Business Forum Latin America held at the Atlantis Palm - Dubai.

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In 2015 the GCC comprised 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 regions rely on each other for necessary items.

In 2015 Latin America supplied almost half the meat imports into the GCC and 36 per cent of the region's total sugar imports, it included. Brazil is without a doubt the biggest trading partner for nations in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC counts on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, stated a statement.

The online forum was organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", explores how organizations can gain from the altering patterns of worldwide need and what role Dubai can play in facilitating the next step in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but internationally too, by serving as an information and research centre, by offering business documentation, providing legal services, assisting in networking opportunities through signature company occasions and delivering nearly every imaginable service service, it mentioned.

GCC growth will enhance in 2026, led by faster expansion in hydrocarbons; non-oil development will remain strong however slow a little. Non-oil activity will be supported by population development, new industries, and public investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector development will accelerate, balancing out in part lower oil rates; financial balances will be blended, with surpluses in UAE and Qatar, however deficits persist elsewhere.

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SHARJAH (WAM) The GCC and broader Middle East area 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 talent, said magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel discussion on the first day of SEF 2026 examining "What Does the Next Year of Equity Capital Look Like", speakers agreed that the emerging local financial investment landscape appears appealing.

ANSR July GCC PRs 50DR+

Reacting to a concern on regional startups' potential customers of benefiting from current investments in digital infrastructure, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have a lot going for us in the region: the low cost of energy, a really progressive federal government that is ahead in policy, guideline and data personal privacy; and really strong universities that are progressively looking at AI and ending up technical skill in AI."She added: "Our ultimate objective is to see this area, particularly the GCC, become an AI superpower.

Our most significant motorist right now is investing in talent, since in the AI race, it's the technical skill that actually wins."Concentrating on the beauty of the region for financiers, Christos Mastoras, Founder and Managing Partner of Iliad Partners, said: "I think we are really fortunate to onboard the three largest banks of Greece as LPs [Limited Partners] for investment in the region.

"International development funds are can be found in, which shows clear signs of maturity of the environment The ability of the UAE and regional federal governments to draw in talent; their innovation-first technique, abundance of capital here along with inflow internationally are the crucial structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the variety of deals with the highest worths, with 250 "largest ticket size" offers recorded in 2025 in the country.