Analysing New GCC Data for Future Growth

Verifying the growth of AI in the area, a report released by PwC earlier 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 using it in their tasks 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 properly, well above the 76 percent worldwide benchmark, supported by the Kingdom's information governance community, consisting of nationwide efforts led by the Saudi Data and Expert System Authority.

Policymakers are believing holistically about how to make the region appealing, including having more practical laws to permit experimentation and development," stated the report.

Top business leaders, policymakers and financiers from the GCC and Latin America recently explored how countries from the 2 regions can grow trade in between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, heads of state, CEOs, magnate, investors, and market professionals participated in the first Global Company Forum Latin America held at the Atlantis Palm - Dubai.

How to Optimise GCC Strategy in 2026

In 2015 the GCC comprised 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 statement from organisers stated. Both regions depend on each other for important products.

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 by far 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 items, said a declaration.

The online forum was organised by the Dubai Chamber of Commerce under the style "Moving Synergies", checks out how services can take advantage of the altering patterns of global need and what role Dubai can play in facilitating the next action in company 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 providing organization paperwork, providing legal services, helping with networking chances by means of signature service occasions and delivering almost every possible organization service, it mentioned.

GCC growth will enhance in 2026, led by faster expansion in hydrocarbons; non-oil development will remain strong but sluggish a little. Non-oil activity will be supported by population development, brand-new markets, and public investment; inflation will stay soft, while financial policy will loosen. Hydrocarbons sector growth will speed up, offsetting in part lower oil prices; financial balances will be combined, with surpluses in UAE and Qatar, however deficits persist in other places.

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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 government policies bring in funds and talent, stated organization leaders 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 Venture Capital Look Like", speakers agreed that the emerging local investment landscape appears appealing.

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Reacting to a question on local startups' prospects of taking advantage of current financial investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have a lot choosing us in the area: the low cost of energy, a very progressive government that is ahead in policy, policy and data privacy; and truly strong universities that are increasingly looking at AI and turning out technical talent in AI."She included: "Our ultimate goal is to see this area, particularly the GCC, become an AI superpower.

Our biggest chauffeur 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 bring in skill; their innovation-first method, abundance of capital here in addition to inflow worldwide are the key structure 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 worths, with 250 "largest ticket size" offers tape-recorded in 2025 in the nation.