Emerging Future Trends Defining the 2026 Regional Economy

Verifying the development of AI in the region, a report launched by PwC previously this month said that the usage of AI amongst the workforce in the Middle East continues to rise, with 75 percent of workers in the region using it in their jobs over the previous 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's development in the technology sector and said that 84 percent of CEOs in the nation are all set to deploy AI responsibly, well above the 76 percent global criteria, supported by the Kingdom's information governance environment, consisting of national efforts led by the Saudi Data and Expert System Authority.

Policymakers are thinking holistically about how to make the area attractive, including having more practical laws to enable experimentation and development," said the report.

Leading magnate, policymakers and financiers from the GCC and Latin America recently checked out how countries from the 2 regions can grow trade between each other in Dubai, UAE.More than 500 local and worldwide policymakers, presidents, CEOs, service leaders, financiers, and market specialists participated in the first Global Business Online 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 goods from Latin America. And exports to Latin America from the region were $5.6 billion, a statement from organisers stated. Both areas count on each other for necessary products.

In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the area's overall sugar imports, it added. Brazil is by far the largest trading partner for countries in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC counts on Brazil for meat (generally poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, stated a statement.

The forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how businesses can take advantage of the changing patterns of worldwide demand and what function Dubai can play in facilitating the next step in company relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however internationally too, by acting as a details and research study centre, by offering business documents, using legal services, facilitating networking opportunities via signature company occasions and delivering nearly every conceivable service option, it specified.

GCC growth will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain strong however slow somewhat. Non-oil activity will be supported by population growth, brand-new industries, and public investment; inflation will stay soft, while financial policy will loosen. Hydrocarbons sector growth will speed up, offsetting in part lower oil prices; fiscal balances will be combined, 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 investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies drawing in funds and talent, said magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the first day of SEF 2026 examining "What Does the Next Year of Endeavor Capital Look Like", speakers agreed that the emerging local investment landscape appears promising.

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Reacting to a concern on local startups' prospects of benefiting from recent financial investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC said: "We have so much choosing us in the region: the low cost of energy, a very progressive government that is ahead in policy, policy and data personal privacy; and really strong instructional organizations that are significantly taking a look at AI and turning out technical talent in AI."She included: "Our ultimate goal is to see this area, specifically the GCC, become an AI superpower.

Our most significant chauffeur right now is investing in skill, because in the AI race, it's the technical skill that actually wins."Concentrating on the beauty of the region for financiers, Christos Mastoras, Creator and Managing Partner of Iliad Partners, said: "I believe we are very fortunate to onboard the 3 largest banks of Greece as LPs [Limited Partners] for financial investment in the area.

"International development funds are being available in, which shows clear signs of maturity of the community The capability of the UAE and local federal governments to bring in talent; their innovation-first approach, abundance of capital here along with inflow globally 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 highest values, with 250 "largest ticket size" deals taped in 2025 in the country.