Can Market Analytics Drive Middle East Industrial Growth?

Affirming the development of AI in the region, a report launched by PwC earlier this month stated that the usage of AI amongst the labor force in the Middle East continues to increase, with 75 percent of employees in the area utilizing it in their tasks 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 nation are all set to release AI properly, well above the 76 percent global benchmark, supported by the Kingdom's information governance community, including nationwide efforts led by the Saudi Data and Expert System Authority.

Policymakers are believing holistically about how to make the area attractive, including having more practical laws to permit for experimentation and growth," said the report.

Leading business leaders, policymakers and financiers 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 global policymakers, heads of state, CEOs, magnate, financiers, and market specialists went to the first Global Business Forum Latin America held at the Atlantis Palm - Dubai.

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In 2015 the GCC comprised 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 necessary items.

In 2015 Latin America provided nearly half the meat imports into the GCC and 36 per cent of the region's overall sugar imports, it added. Brazil is by far the largest trading partner for countries in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC depends on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for cars and Chile for wood products, stated a statement.

The forum was organised by the Dubai Chamber of Commerce under the style "Moving Synergies", checks out how businesses can take advantage of the altering patterns of global demand and what role Dubai can play in facilitating the next action in business 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 offering business documentation, offering legal services, helping with networking opportunities via signature business occasions and providing practically every conceivable business option, it mentioned.

GCC growth will enhance in 2026, led by faster expansion in hydrocarbons; non-oil development will remain solid however sluggish slightly. Non-oil activity will be supported by population development, brand-new markets, and public investment; inflation will remain soft, while financial policy will loosen up. Hydrocarbons sector development will accelerate, offsetting in part lower oil costs; fiscal balances will be combined, with surpluses in UAE and Qatar, but deficits continue somewhere else.

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SHARJAH (WAM) The GCC and broader 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 talent, said service leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel discussion on the first day of SEF 2026 examining "What Does the Next Year of Equity Capital Look Like", speakers agreed that the emerging local investment landscape appears appealing.

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Responding to a question on regional startups' prospects of benefiting from recent financial investments in digital facilities, Tala Al Jabri, Founder and Handling Partner of Wyld VC said: "We have a lot going for us in the region: the low expense of energy, a very progressive federal government that is ahead in policy, regulation and information privacy; and actually strong universities that are progressively taking a look at AI and turning out technical talent in AI."She included: "Our supreme objective is to see this region, particularly the GCC, end up being an AI superpower.

Our most significant chauffeur today is buying skill, since in the AI race, it's the technical talent that actually wins."Concentrating on the attractiveness of the region for investors, Christos Mastoras, Founder and Managing Partner of Iliad Partners, said: "I believe we are very fortunate to onboard the 3 biggest banks of Greece as LPs [Limited Partners] for financial investment in the region.

"International growth funds are being available in, which reveals clear signs of maturity of the ecosystem The ability of the UAE and local governments to draw in skill; their innovation-first technique, abundance of capital here along with inflow globally are the crucial foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the variety of offers with the highest worths, with 250 "largest ticket size" deals taped in 2025 in the nation.