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Accelerating Dubai Industrial Expansion through Innovation

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Affirming the development of AI in the area, a report released by PwC previously this month stated that the use of AI among the labor force in the Middle East continues to rise, with 75 percent of employees in the region utilizing it in their jobs over the previous 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's progress in the innovation sector and stated that 84 percent of CEOs in the nation are all set to release AI responsibly, well above the 76 percent worldwide standard, supported by the Kingdom's data governance community, consisting of nationwide efforts led by the Saudi Data and Artificial Intelligence Authority.

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

Top magnate, policymakers and investors from the GCC and Latin America just recently checked out how countries 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 Organization Forum Latin America held at the Atlantis Palm - Dubai.

Comparing Legacy Models and 2026 Economic Strategies

In 2015 the GCC comprised 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 region were $5.6 billion, a statement from organisers stated. Both regions depend on each other for vital products.

In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 percent of the region's total sugar imports, it added. Brazil is by far the largest trading partner for nations in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC counts on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for automobiles and Chile for wood items, stated a statement.

The forum was organised by the Dubai Chamber of Commerce under the style "Moving Synergies", explores how companies can benefit from the altering patterns of worldwide demand and what role Dubai can play in assisting in the next action in service relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however internationally too, by acting as an information and research study centre, by offering organization documents, providing legal services, assisting in networking opportunities via signature business occasions and delivering almost every conceivable organization solution, it stated.

GCC growth will enhance in 2026, led by faster expansion in hydrocarbons; non-oil development will stay solid however sluggish somewhat. Non-oil activity will be supported by population development, new markets, and public financial investment; inflation will remain soft, while financial policy will loosen. Hydrocarbons sector growth will accelerate, balancing out in part lower oil prices; financial balances will be mixed, with surpluses in UAE and Qatar, however deficits persist elsewhere.

Essential Tips for Operational Excellence in the GCC

SHARJAH (WAM) The GCC and wider 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 bring in funds and talent, 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.

The Advancement of Third-Party Danger Management in the GCC
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Reacting to a concern on local start-ups' potential customers of taking advantage of recent investments in digital infrastructure, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have so much going for us in the area: the low cost of energy, a very progressive federal government that is ahead in policy, regulation and data privacy; and truly strong educational institutions that are increasingly looking at AI and turning out technical talent in AI."She added: "Our supreme goal is to see this region, specifically the GCC, end up being an AI superpower.

Our greatest motorist right now is investing in talent, since in the AI race, it's the technical skill that truly wins.

"International growth funds are can be found in, which shows clear indications of maturity of the community The ability of the UAE and local governments to attract skill; their innovation-first approach, abundance of capital here as well as inflow internationally are the key building blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the variety of deals with the greatest worths, with 250 "largest ticket size" deals taped in 2025 in the nation.

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