Industrial Excellence: a Key Pillar for Regional Success thumbnail

Industrial Excellence: a Key Pillar for Regional Success

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Verifying the growth of AI in the area, a report released 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 workers in the area using it in their tasks over the previous 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's progress in the technology sector and stated that 84 percent of CEOs in the country are all set to release AI properly, well above the 76 percent global criteria, supported by the Kingdom's information governance environment, consisting of national initiatives led by the Saudi Data and Expert System Authority.

Policymakers are believing holistically about how to make the region appealing, consisting of having more pragmatic laws to permit experimentation and growth," said the report.

Leading magnate, policymakers and financiers from the GCC and Latin America recently checked out how nations from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 local and international policymakers, presidents, CEOs, magnate, investors, and market experts went to the first Global Service Online forum Latin America held at the Atlantis Palm - Dubai.

How to Secure a Competitive Edge in Dubai

In 2015 the GCC made up of the UAE, Bahrain, Kuwait, Oman, Qatar and Saudi Arabia, imported $11 billion worth of goods from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers said. Both areas rely on each other for vital 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 included. Brazil is without a doubt the largest trading partner for countries in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC relies on Brazil for meat (generally poultry), Argentina for cereals, Mexico for vehicles and Chile for wood products, stated a declaration.

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 need and what function Dubai can play in assisting in the next action in company relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but internationally too, by acting as an information and research study centre, by providing service documents, using legal services, helping with networking opportunities via signature business occasions and providing practically every possible service solution, it stated.

GCC growth will reinforce in 2026, led by faster growth in hydrocarbons; non-oil growth will stay solid however slow a little. Non-oil activity will be supported by population development, brand-new industries, 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; financial balances will be mixed, with surpluses in UAE and Qatar, however deficits persist in other places.

Emerging Strategic Shifts Shaping the 2026 Regional Market

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 attracting funds and talent, stated magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel discussion on the very first day of SEF 2026 taking a look at "What Does the Next Year of Endeavor Capital Look Like", speakers agreed that the emerging regional financial investment landscape appears appealing.

Long-Term Dubai Economic Expansion Patterns for 2026
ANSR July GCC PRs 50DR+ANSR July GCC PRs 50DR+


Responding to a concern on local startups' prospects of gaining from recent investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have so much choosing 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 truly strong universities that are progressively looking at AI and ending up technical talent in AI."She included: "Our ultimate goal is to see this area, specifically the GCC, become an AI superpower.

Our biggest motorist right now is buying skill, since in the AI race, it's the technical talent that really wins."Focusing on the attractiveness of the area for financiers, Christos Mastoras, Creator and Managing Partner of Iliad Partners, said: "I think we are very lucky to onboard the three biggest banks of Greece as LPs [Limited Partners] for financial investment in the area.

"International development funds are can be found in, which shows clear signs of maturity of the community The capability of the UAE and regional governments to draw in skill; their innovation-first approach, abundance of capital here in addition to inflow globally are the crucial building blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the variety of deals with the highest worths, with 250 "biggest ticket size" deals tape-recorded in 2025 in the country.

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