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Affirming the development of AI in the region, a report released by PwC earlier this month said that the use of AI among the labor force in the Middle East continues to rise, with 75 percent of employees in the region utilizing it in their jobs over the previous 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's development in the technology sector and said that 84 percent of CEOs in the country are all set to deploy AI responsibly, well above the 76 percent worldwide benchmark, supported by the Kingdom's information governance community, including national efforts led by the Saudi Data and Artificial Intelligence Authority.
Policymakers are thinking holistically about how to make the region attractive, including having more practical laws to enable experimentation and development," stated the report.
Corporate Strategy in the Changing GCC LandscapeLeading magnate, policymakers and investors from the GCC and Latin America just recently explored how countries from the two regions can grow trade in between each other in Dubai, UAE.More than 500 regional and global policymakers, presidents, CEOs, magnate, investors, and industry 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 products from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers said. Both areas count on each other for essential items.
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 area, followed by Argentina and Mexico. Among the Latin American states, the GCC counts on Brazil for meat (generally poultry), Argentina for cereals, Mexico for automobiles and Chile for wood items, said a statement.
The online forum was arranged by the Dubai Chamber of Commerce under the style "Shifting Synergies", explores how organizations can gain from the altering patterns of international demand and what role Dubai can play in facilitating the next action in organization relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but globally too, by serving as an information and research study centre, by supplying business documentation, providing legal services, helping with networking opportunities through signature company events and delivering almost every imaginable service service, it mentioned.
GCC development will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil growth will stay solid however slow slightly. 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 speed up, offsetting in part lower oil costs; financial balances will be mixed, with surpluses in UAE and Qatar, but deficits persist 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 government policies attracting funds and skill, said business leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel conversation on the first day of SEF 2026 examining "What Does the Next Year of Equity Capital Appear Like", speakers agreed that the emerging local investment landscape appears promising.
Reacting to a concern on local start-ups' potential customers of gaining from recent investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC said: "We have a lot opting for us in the region: the low expense of energy, a very progressive federal government that is ahead in policy, regulation and information personal privacy; and truly strong instructional institutions that are increasingly taking a look at AI and turning out technical talent in AI."She included: "Our ultimate objective is to see this area, specifically the GCC, become an AI superpower.
Our biggest motorist right now is investing in skill, because in the AI race, it's the technical skill that really wins.
"International growth funds are can be found in, which reveals clear indications of maturity of the community The capability of the UAE and regional governments to attract skill; their innovation-first technique, abundance of capital here in addition to inflow globally are the crucial building blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the number of handle the highest worths, with 250 "largest ticket size" deals tape-recorded in 2025 in the country.
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