MATLAB allows various types of operators to perform mathematical, logical, and other operations on matrices and arrays. Arithmetic operators include addition, subtraction, multiplication, and division. Relational operators compare elements. Logical operators perform AND, OR, and NOT operations. Bitwise operators perform operations on bits. Set operations include union, intersection, and testing for set membership. Operators can work on both scalar and non-scalar data, with array operations performed element-by-element.