Emerging Future Shifts Shaping the 2026 GCC Economy thumbnail

Emerging Future Shifts Shaping the 2026 GCC Economy

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Verifying the growth of AI in the area, a report released by PwC earlier this month stated that the use of AI amongst the labor force in the Middle East continues to rise, with 75 percent of workers 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 stated that 84 percent of CEOs in the nation are all set to release AI properly, well above the 76 percent international standard, supported by the Kingdom's information governance ecosystem, consisting of national initiatives led by the Saudi Data and Expert System Authority.

Policymakers are believing holistically about how to make the area appealing, consisting of having more practical laws to enable experimentation and development," stated the report.

GCC News: Strategic Market Trends for 2026

Leading business leaders, policymakers and investors from the GCC and Latin America recently explored how nations from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, heads of state, CEOs, magnate, investors, and industry professionals participated in the first Global Organization Online forum Latin America held at the Atlantis Palm - Dubai.

Industrial Excellence: a Key Driver for 2026 Growth

In 2015 the GCC made up 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 declaration from organisers stated. Both areas depend on each other for important items.

In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 percent of the region's total sugar imports, it added. Brazil is without a doubt the biggest trading partner for countries in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC relies on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for vehicles and Chile for wood products, said a declaration.

The forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how businesses can gain from the changing patterns of global need and what role 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 but worldwide too, by acting as a details and research centre, by offering company paperwork, offering legal services, helping with networking chances by means of signature organization occasions and providing almost every possible organization option, it mentioned.

GCC growth will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil development will stay strong however sluggish a little. Non-oil activity will be supported by population development, new industries, and public investment; inflation will remain soft, while monetary policy will loosen. Hydrocarbons sector growth will speed up, balancing out in part lower oil rates; financial balances will be mixed, with surpluses in UAE and Qatar, but deficits persist elsewhere.

Driving Regional Industrial Growth through Innovation

SHARJAH (WAM) The GCC and larger Middle East region is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused federal 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 analyzing "What Does the Next Year of Venture Capital Look Like", speakers agreed that the emerging local financial investment landscape appears appealing.

Strategic Planning for GCC Leadership
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Reacting to a question on regional start-ups' potential customers of taking advantage of recent financial investments in digital facilities, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have so much opting for us in the area: the low expense of energy, a very progressive government that is ahead in policy, policy and information privacy; and actually strong instructional organizations that are progressively looking at AI and ending up technical skill in AI."She added: "Our supreme objective is to see this region, particularly the GCC, become an AI superpower.

Our most significant driver right now is investing in talent, because in the AI race, it's the technical talent that really wins.

"International development funds are can be found in, which reveals clear indications of maturity of the ecosystem The capability of the UAE and regional federal governments to draw in skill; their innovation-first approach, abundance of capital here as well as 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 deals with the greatest values, with 250 "largest ticket size" deals recorded in 2025 in the nation.