Analysing New GCC Research for Strategic Growth

Affirming the growth of AI in the area, a report released by PwC earlier this month stated that the use of AI among the labor force in the Middle East continues to increase, with 75 percent of staff members in the area using it in their jobs over the past 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's development in the innovation sector and stated that 84 percent of CEOs in the country are all set to deploy AI properly, well above the 76 percent international criteria, 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 region attractive, consisting of having more practical laws to enable experimentation and growth," stated the report.

Leading magnate, policymakers and investors from the GCC and Latin America recently explored how countries from the two regions can grow trade between each other in Dubai, UAE.More than 500 regional and international policymakers, presidents, CEOs, magnate, investors, and industry professionals went to the 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 stated. Both areas rely on each other for essential products.

In 2015 Latin America supplied almost half the meat imports into the GCC and 36 per cent of the region's overall sugar imports, it included. 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 (primarily poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, stated a declaration.

The online forum was organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", checks out how services can take advantage of the changing patterns of worldwide need 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 acting as a details and research centre, by supplying business documents, using legal services, facilitating networking chances by means of signature organization occasions and delivering practically every imaginable business solution, it mentioned.

GCC development will enhance in 2026, led by faster expansion in hydrocarbons; non-oil development will remain strong however sluggish slightly. Non-oil activity will be supported by population growth, brand-new industries, and public investment; inflation will remain soft, while financial policy will loosen up. Hydrocarbons sector growth will speed up, balancing out in part lower oil prices; fiscal balances will be blended, with surpluses in UAE and Qatar, but deficits continue in other places.

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SHARJAH (WAM) The GCC and larger Middle East region 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 skill, said magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel discussion on the first day of SEF 2026 examining "What Does the Next Year of Equity Capital Appear Like", speakers agreed that the emerging regional financial investment landscape appears promising.

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Reacting to a concern on local start-ups' prospects of taking advantage of current financial investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have so much going for us in the area: the low cost of energy, an extremely progressive federal government that is ahead in policy, guideline and information privacy; and truly strong educational organizations that are increasingly looking at AI and turning out technical talent in AI."She added: "Our ultimate objective is to see this area, specifically the GCC, become an AI superpower.

Our biggest driver right now is investing in talent, since in the AI race, it's the technical talent that actually wins.

"International growth funds are being available in, which reveals clear indications of maturity of the ecosystem The capability of the UAE and regional federal governments to attract skill; their innovation-first method, abundance of capital here along with inflow internationally are the key building blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the variety of offers with the highest worths, with 250 "biggest ticket size" deals taped in 2025 in the country.