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Reviewing New Market Research for Strategic Insights

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Affirming the growth of AI in the region, a report released by PwC previously this month said that the usage of AI amongst the labor force in the Middle East continues to increase, with 75 percent of employees in the area utilizing it in their tasks over the previous 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's development in the technology sector and stated that 84 percent of CEOs in the nation are all set to release AI properly, well above the 76 percent global criteria, supported by the Kingdom's data governance ecosystem, consisting of nationwide initiatives led by the Saudi Data and Expert System Authority.

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

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Leading magnate, policymakers and investors from the GCC and Latin America recently explored how nations from the two regions can grow trade between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, presidents, CEOs, magnate, financiers, and industry specialists attended the first Global Service Forum Latin America held at the Atlantis Palm - Dubai.

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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 declaration from organisers said. Both regions depend on each other for vital products.

In 2015 Latin America provided 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 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 (primarily poultry), Argentina for cereals, Mexico for lorries and Chile for wood items, stated a declaration.

The online forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how businesses can take advantage of the altering patterns of worldwide demand and what role Dubai can play in assisting in the next action in company relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however globally too, by functioning as an information and research centre, by offering service documents, providing legal services, assisting in networking opportunities by means of signature organization occasions and delivering almost every possible business service, it stated.

GCC growth will enhance in 2026, led by faster expansion in hydrocarbons; non-oil growth will stay strong but slow a little. Non-oil activity will be supported by population development, new markets, and public financial investment; inflation will remain soft, while financial policy will loosen up. Hydrocarbons sector development will accelerate, offsetting in part lower oil costs; fiscal balances will be mixed, with surpluses in UAE and Qatar, but 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 federal government policies bring in funds and talent, stated service leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel discussion on the very first day of SEF 2026 taking a look at "What Does the Next Year of Equity Capital Appear Like", speakers concurred that the emerging local financial investment landscape appears promising.

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Reacting to a question on regional start-ups' prospects of gaining from current investments in digital facilities, Tala Al Jabri, Creator and Handling Partner of Wyld VC said: "We have so much opting for us in the region: the low cost of energy, a very progressive federal government that is ahead in policy, guideline and information personal privacy; and truly strong universities that are progressively taking a look at AI and ending up technical skill in AI."She included: "Our ultimate goal is to see this region, specifically the GCC, become an AI superpower.

Our most significant motorist right now is investing in skill, due to the fact that in the AI race, it's the technical talent that actually wins.

"International growth funds are coming in, which reveals clear signs of maturity of the environment The ability of the UAE and local governments to bring in skill; their innovation-first technique, abundance of capital here in addition to inflow globally are the key building blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the number of handle the highest worths, with 250 "biggest ticket size" offers taped in 2025 in the nation.

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