Industrial Excellence: a Strategic Driver for Regional Growth

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

In November, a report released by KPMG highlighted Saudi Arabia's progress in the technology sector and stated that 84 percent of CEOs in the nation are all set to deploy AI responsibly, well above the 76 percent global benchmark, supported by the Kingdom's information governance ecosystem, including national efforts led by the Saudi Data and Artificial Intelligence Authority.

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

Top magnate, policymakers and investors from the GCC and Latin America just recently explored 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, company leaders, financiers, and market experts attended the first Global Service Forum Latin America held at the Atlantis Palm - Dubai.

Comparing Legacy Systems and Future Business Strategies

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 stated. Both regions count on each other for vital products.

In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the area's overall sugar imports, it added. Brazil is without a doubt the biggest trading partner for nations in the area, 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 items, said a declaration.

The forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how services can benefit from the changing patterns of international demand and what function Dubai can play in assisting in 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 functioning as a details and research centre, by supplying company paperwork, offering legal services, assisting in networking chances through signature organization events and delivering practically every conceivable organization service, it mentioned.

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

How to Maintain a Competitive Advantage in 2026

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 organization leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel conversation on the first day of SEF 2026 analyzing "What Does the Next Year of Endeavor Capital Appear Like", speakers agreed that the emerging regional financial investment landscape appears promising.

ANSR July GCC PRs 50DR+

Reacting to a question on local start-ups' potential customers of gaining from recent financial investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have so much opting for us in the region: the low expense of energy, a very progressive government that is ahead in policy, regulation and data privacy; and truly strong educational institutions that are progressively looking at AI and turning out 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, because in the AI race, it's the technical talent that truly 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 skill; their innovation-first method, abundance of capital here in addition to inflow worldwide are the essential foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the number of handle the greatest worths, with 250 "biggest ticket size" deals tape-recorded in 2025 in the country.