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Verifying the growth of AI in the area, a report launched by PwC previously this month stated that the usage of AI amongst the labor force in the Middle East continues to rise, with 75 percent of employees in the region using it in their tasks over the past 12 months.
In November, a report released by KPMG highlighted Saudi Arabia's progress in the innovation sector and said that 84 percent of CEOs in the nation are all set to deploy AI properly, well above the 76 percent international standard, supported by the Kingdom's data governance ecosystem, including nationwide efforts 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 permit experimentation and growth," said the report.
Incorporating Intelligent Automation Into Gulf Shared Service CentersTop service leaders, policymakers and financiers from the GCC and Latin America just recently explored how nations from the two areas can grow trade in between each other in Dubai, UAE.More than 500 regional and global policymakers, presidents, CEOs, magnate, investors, and market experts attended the very first Global Service Forum Latin America held at the Atlantis Palm - Dubai.
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 region were $5.6 billion, a declaration from organisers said. Both areas rely on each other for necessary items.
In 2015 Latin America supplied almost half the meat imports into the GCC and 36 percent of the area's overall sugar imports, it added. Brazil is by far the biggest trading partner for countries in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC counts on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for vehicles and Chile for wood products, stated a statement.
The online forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how businesses can benefit from the changing patterns of international need and what role Dubai can play in helping with the next step in organization relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but worldwide too, by acting as an info and research study centre, by providing service documentation, using legal services, assisting in networking opportunities through signature organization events and delivering almost every conceivable company option, it mentioned.
GCC development will strengthen in 2026, led by faster growth in hydrocarbons; non-oil growth will remain strong but sluggish a little. Non-oil activity will be supported by population growth, brand-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 investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies bring in funds and skill, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel discussion on the very first day of SEF 2026 examining "What Does the Next Year of Endeavor Capital Appear Like", speakers agreed that the emerging regional investment landscape appears appealing.
The Role of Mental Health in UAE Talent ManagementReacting to a concern on regional start-ups' prospects of benefiting from current financial investments in digital infrastructure, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have a lot opting for us in the region: the low expense of energy, an extremely progressive federal government that is ahead in policy, regulation and information privacy; and truly strong universities that are progressively looking at AI and turning out technical talent in AI."She added: "Our supreme goal is to see this region, particularly the GCC, become an AI superpower.
Our biggest driver right now is purchasing skill, due to the fact that in the AI race, it's the technical skill that actually wins."Focusing on the appearance of the area for investors, Christos Mastoras, Founder and Managing Partner of Iliad Partners, said: "I believe we are really fortunate to onboard the three biggest banks of Greece as LPs [Limited Partners] for investment in the area.
"International development funds are coming in, which shows clear indications of maturity of the community The ability of the UAE and local federal governments to bring in talent; their innovation-first approach, abundance of capital here along with inflow internationally are the crucial foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of handle the greatest values, with 250 "largest ticket size" offers tape-recorded in 2025 in the nation.
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