Can Market Research Define Middle East Industrial Growth? thumbnail

Can Market Research Define Middle East Industrial Growth?

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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 workforce in the Middle East continues to rise, with 75 percent of employees in the region using it in their tasks over the previous 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's progress in the innovation sector and said that 84 percent of CEOs in the country are prepared to deploy AI properly, well above the 76 percent global benchmark, supported by the Kingdom's data governance ecosystem, consisting of national initiatives led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are believing holistically about how to make the area appealing, consisting of having more practical laws to enable experimentation and development," said the report.

Top company leaders, policymakers and financiers from the GCC and Latin America just recently checked out how countries from the two areas can grow trade in between each other in Dubai, UAE.More than 500 regional and international policymakers, presidents, CEOs, magnate, financiers, and industry experts participated in the very first Global Organization Forum Latin America held at the Atlantis Palm - Dubai.

Essential Tips for Operational Excellence in the GCC

In 2015 the GCC comprised of the UAE, Bahrain, Kuwait, Oman, Qatar and Saudi Arabia, imported $11 billion worth of products from Latin America. And exports to Latin America from the area were $5.6 billion, a declaration from organisers stated. Both regions depend on each other for vital items.

In 2015 Latin America supplied almost half the meat imports into the GCC and 36 per cent of the region's total sugar imports, it included. Brazil is without a doubt the biggest trading partner for countries in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC counts on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, said a statement.

The forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how organizations can take advantage of the altering patterns of global need and what function Dubai can play in helping with the next action in service 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 business documentation, using legal services, facilitating networking chances by means of signature service events and delivering practically every imaginable company option, it specified.

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

Methods for Optimising GCC Strategy in 2026

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 attracting funds and skill, said magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel discussion on the very first day of SEF 2026 examining "What Does the Next Year of Venture Capital Appear Like", speakers concurred that the emerging regional financial investment landscape appears appealing.

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Reacting to a concern on regional start-ups' potential customers of gaining from recent investments in digital facilities, Tala Al Jabri, Founder and Handling Partner of Wyld VC said: "We have so much opting for us in the area: the low expense of energy, a really progressive federal government that is ahead in policy, guideline and information personal privacy; and really strong universities that are significantly taking a look at AI and turning out technical skill in AI."She added: "Our ultimate goal is to see this region, particularly the GCC, become an AI superpower.

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

"International development funds are being available in, which shows clear indications of maturity of the ecosystem The capability of the UAE and local federal governments to bring in talent; their innovation-first approach, abundance of capital here as well as inflow globally are the crucial structure 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 "largest ticket size" deals taped in 2025 in the country.