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Verifying the growth of AI in the area, a report launched by PwC previously this month stated that the use of AI amongst the workforce in the Middle East continues to increase, with 75 percent of workers in the region utilizing it in their tasks over the past 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's progress in the technology sector and said that 84 percent of CEOs in the country are ready to release AI responsibly, well above the 76 percent international standard, supported by the Kingdom's information governance community, consisting of nationwide initiatives led by the Saudi Data and Expert System Authority.

Policymakers are believing holistically about how to make the region appealing, consisting of having more practical laws to allow for experimentation and growth," said the report.

Leading magnate, policymakers and investors from the GCC and Latin America just recently explored how countries from the two areas can grow trade in between each other in Dubai, UAE.More than 500 regional and global policymakers, heads of state, CEOs, business leaders, investors, and industry professionals attended the very first Global Business Online 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 goods from Latin America. And exports to Latin America from the area were $5.6 billion, a declaration from organisers said. Both areas count on each other for important products.

In 2015 Latin America provided almost half the meat imports into the GCC and 36 percent of the region's total sugar imports, it included. 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 relies on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for vehicles and Chile for wood items, stated a declaration.

The forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how organizations can benefit from the altering patterns of international need and what role Dubai can play in facilitating the next step in business 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 study centre, by supplying service documents, using legal services, helping with networking opportunities via signature company events and providing nearly every imaginable organization service, it stated.

GCC growth will strengthen in 2026, led by faster growth in hydrocarbons; non-oil development will stay solid however sluggish slightly. Non-oil activity will be supported by population development, brand-new markets, and public financial investment; inflation will remain soft, while financial policy will loosen up. Hydrocarbons sector development will speed up, balancing out in part lower oil rates; financial balances will be blended, with surpluses in UAE and Qatar, but deficits persist somewhere else.

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SHARJAH (WAM) The GCC and larger 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 attracting funds and skill, said organization leaders 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 Look Like", speakers agreed that the emerging local investment landscape appears appealing.

ANSR July GCC PRs 50DR+

Reacting to a question on local startups' potential customers of taking advantage of current investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC said: "We have a lot opting for us in the area: the low cost of energy, an extremely progressive federal government that is ahead in policy, regulation and information privacy; and actually strong universities that are increasingly taking a look at AI and turning out technical talent in AI."She added: "Our ultimate objective is to see this region, particularly the GCC, end up being an AI superpower.

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

"International development funds are being available in, which reveals clear signs of maturity of the community The capability of the UAE and regional governments to draw in talent; their innovation-first technique, abundance of capital here in addition to inflow worldwide are the crucial structure blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of offers with the greatest worths, with 250 "biggest ticket size" deals taped in 2025 in the country.