Industrial Excellence: a Strategic Driver for Regional Success thumbnail

Industrial Excellence: a Strategic Driver for Regional Success

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Verifying the development of AI in the area, a report launched by PwC earlier this month stated that the usage of AI amongst the labor force in the Middle East continues to rise, with 75 percent of staff members in the region utilizing it in their tasks over the previous 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's progress in the innovation sector and said that 84 percent of CEOs in the country are all set to deploy AI properly, well above the 76 percent international standard, supported by the Kingdom's information governance ecosystem, including nationwide initiatives led by the Saudi Data and Expert System Authority.

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

Key Benefits of Strategic Growth for Dubai

Leading magnate, policymakers and financiers from the GCC and Latin America recently explored how countries from the two areas can grow trade in between each other in Dubai, UAE.More than 500 local and worldwide policymakers, presidents, CEOs, magnate, investors, and industry professionals attended the very first Global Business Forum Latin America held at the Atlantis Palm - Dubai.

Reviewing New Market Research for Future 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 statement from organisers stated. Both areas depend on each other for essential products.

In 2015 Latin America provided almost half the meat imports into the GCC and 36 percent of the area's total sugar imports, it added. Brazil is by far the largest trading partner for countries in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (generally poultry), Argentina for cereals, Mexico for lorries and Chile for wood items, stated a declaration.

The forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how businesses can gain from the altering patterns of global demand and what function Dubai can play in helping with the next step in business relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but worldwide too, by serving as a details and research study centre, by offering company paperwork, providing legal services, facilitating networking chances via signature business events and providing almost every imaginable organization option, it mentioned.

GCC development will enhance in 2026, led by faster growth in hydrocarbons; non-oil development will remain solid but slow somewhat. Non-oil activity will be supported by population growth, brand-new markets, and public investment; inflation will stay soft, while financial policy will loosen. Hydrocarbons sector development will accelerate, balancing out in part lower oil prices; financial balances will be mixed, with surpluses in UAE and Qatar, but deficits persist elsewhere.

Navigating the 2026 GCC Corporate Environment

SHARJAH (WAM) The GCC and wider Middle East area is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies drawing in funds and skill, stated business leaders 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 Venture Capital Appear Like", speakers agreed that the emerging local investment landscape appears appealing.

ANSR July GCC PRs 50DR+ANSR July GCC PRs 50DR+


Reacting to a question on regional startups' potential customers of taking advantage of current financial investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC said: "We have so much choosing us in the region: the low cost of energy, a really progressive federal government that is ahead in policy, regulation and data privacy; and truly strong academic organizations that are progressively taking a look at AI and ending up technical skill in AI."She included: "Our supreme goal is to see this area, specifically the GCC, become an AI superpower.

Our greatest chauffeur right now is investing in talent, due to the fact that in the AI race, it's the technical talent that truly wins.

"International development funds are being available in, which reveals clear signs of maturity of the ecosystem The capability of the UAE and local federal governments to attract talent; their innovation-first approach, abundance of capital here along with inflow worldwide are the key foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of handle the highest worths, with 250 "biggest ticket size" deals recorded in 2025 in the country.

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