Operational Excellence: a Strategic Pillar for Regional Growth thumbnail

Operational Excellence: a Strategic Pillar for Regional Growth

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Verifying the growth of AI in the region, a report launched by PwC previously this month said that the use of AI among the workforce 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 country are ready to release AI properly, well above the 76 percent worldwide criteria, supported by the Kingdom's information governance ecosystem, 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 permit experimentation and growth," said the report.

Choosing the Right Hybrid Outsourcing Design for 2026

Top service leaders, policymakers and investors from the GCC and Latin America recently explored how countries from the 2 regions can grow trade between each other in Dubai, UAE.More than 500 local and worldwide policymakers, presidents, CEOs, magnate, investors, and market professionals attended the first Global Company Forum Latin America held at the Atlantis Palm - Dubai.

Reviewing New GCC Data for Strategic Insights

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 said. Both areas rely on each other for vital products.

In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 percent of the area's overall 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 (generally poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, stated a declaration.

The forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how services can gain from the altering patterns of global demand and what function Dubai can play in facilitating the next action in company relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but internationally too, by functioning as a details and research centre, by offering organization paperwork, providing legal services, assisting in networking chances by means of signature business occasions and providing nearly every conceivable company solution, it stated.

GCC growth will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil growth will stay solid but sluggish a little. Non-oil activity will be supported by population growth, new markets, and public investment; inflation will remain soft, while monetary policy will loosen. Hydrocarbons sector growth will speed up, balancing out in part lower oil costs; financial balances will be blended, with surpluses in UAE and Qatar, but deficits continue in other places.

Predicting the 2026 Middle East Corporate Landscape

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

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Reacting to a concern on local start-ups' prospects of gaining from recent investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC said: "We have a lot choosing us in the area: the low cost of energy, a very progressive government that is ahead in policy, policy and information personal privacy; and really strong universities that are progressively taking a look at AI and ending up technical talent in AI."She added: "Our ultimate goal is to see this area, specifically the GCC, end up being an AI superpower.

Our biggest driver right now is investing in skill, because in the AI race, it's the technical skill that truly wins.

"International growth funds are coming in, which reveals clear signs of maturity of the ecosystem The ability of the UAE and local governments to attract talent; their innovation-first technique, abundance of capital here as well as inflow internationally are the key structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the number of offers with the highest worths, with 250 "biggest ticket size" deals taped in 2025 in the nation.