Driving Regional Industrial Growth through Strategy

Verifying the development of AI in the region, a report launched by PwC earlier this month stated that the usage of AI among the labor force in the Middle East continues to increase, with 75 percent of staff members in the region using it in their jobs over the past 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's progress in the innovation sector and stated that 84 percent of CEOs in the country are all set to release AI responsibly, well above the 76 percent global standard, supported by the Kingdom's information governance ecosystem, consisting of nationwide efforts led by the Saudi Data and Artificial Intelligence Authority.

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

Top magnate, policymakers and financiers from the GCC and Latin America recently explored how nations from the 2 regions can grow trade between each other in Dubai, UAE.More than 500 local and international policymakers, heads of state, CEOs, organization leaders, financiers, and industry experts participated in the very first Global Company Online forum Latin America held at the Atlantis Palm - Dubai.

Will Strategic Analytics Define Middle East Industrial Growth?

In 2015 the GCC made up of the UAE, Bahrain, Kuwait, Oman, Qatar and Saudi Arabia, imported $11 billion worth of items from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers said. Both regions depend on each other for important items.

In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the area's total sugar imports, it added. Brazil is by far the biggest trading partner for nations 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 automobiles and Chile for wood products, stated a statement.

The online forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how services can take advantage of the changing patterns of international demand and what function Dubai can play in facilitating the next step in business relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however globally too, by functioning as a details and research study centre, by offering organization documentation, offering legal services, helping with networking chances by means of signature company events and providing almost every conceivable service option, it stated.

GCC development will reinforce in 2026, led by faster growth in hydrocarbons; non-oil growth will remain strong but sluggish a little. Non-oil activity will be supported by population growth, new markets, and public financial investment; inflation will remain soft, while monetary policy will loosen up. Hydrocarbons sector development will accelerate, balancing out in part lower oil costs; fiscal balances will be blended, with surpluses in UAE and Qatar, but deficits continue somewhere else.

Essential Steps for Operational Excellence in Dubai

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 federal government policies drawing in funds and talent, stated magnate at the 9th edition of Sharjah Entrepreneurial Festival (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 Look Like", speakers agreed that the emerging regional financial investment landscape appears appealing.

ANSR July GCC PRs 50DR+

Reacting to a question on local startups' prospects of taking advantage of current financial investments in digital facilities, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have so much opting for us in the region: the low cost of energy, an extremely progressive federal government that is ahead in policy, guideline and information personal privacy; and really strong universities that are progressively looking at AI and turning out technical talent in AI."She added: "Our supreme goal is to see this area, particularly the GCC, end up being an AI superpower.

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

"International development funds are can be found in, which reveals clear indications of maturity of the community The capability of the UAE and regional federal governments to bring in skill; their innovation-first method, abundance of capital here as well as inflow worldwide are the essential foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the number of handle the highest worths, with 250 "largest ticket size" offers recorded in 2025 in the country.