Industrial Excellence: a Strategic Pillar for Regional Growth

Verifying the growth of AI in the area, a report launched by PwC earlier this month stated that the usage of AI among the workforce in the Middle East continues to rise, with 75 percent of workers in the region utilizing it in their jobs over the past 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's development in the technology sector and said that 84 percent of CEOs in the nation are ready to release AI properly, well above the 76 percent international standard, supported by the Kingdom's data governance community, consisting of national efforts led by the Saudi Data and Artificial Intelligence Authority.

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

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

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In 2015 the GCC made up 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 region were $5.6 billion, a declaration from organisers stated. Both areas rely 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 region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC relies on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for vehicles and Chile for wood items, stated a statement.

The online forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how services can gain from the changing patterns of international demand and what function Dubai can play in facilitating the next action in business relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but worldwide too, by acting as a details and research centre, by offering business documents, providing legal services, assisting in networking opportunities via signature business occasions and delivering practically every possible service option, it specified.

GCC development will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain solid but sluggish somewhat. Non-oil activity will be supported by population development, brand-new industries, and public investment; inflation will remain soft, while monetary 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 in other places.

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SHARJAH (WAM) The GCC and wider Middle East region is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies bring in funds and skill, stated magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel discussion on the very first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Look Like", speakers concurred that the emerging regional investment landscape appears promising.

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Reacting to a concern on regional start-ups' potential customers of taking advantage of current investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have a lot choosing us in the area: the low expense of energy, a very progressive federal government that is ahead in policy, policy and information personal privacy; and actually strong universities that are progressively looking at AI and ending up technical talent in AI."She included: "Our ultimate objective is to see this area, particularly the GCC, become an AI superpower.

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

"International development funds are coming in, which shows clear indications of maturity of the ecosystem The ability of the UAE and local governments to bring in talent; their innovation-first method, abundance of capital here as well as inflow internationally are the crucial structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the variety of offers with the greatest values, with 250 "largest ticket size" offers recorded in 2025 in the nation.