Driving Dubai Industrial Growth through Innovation

Affirming 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 released by KPMG highlighted Saudi Arabia's progress in the innovation sector and said that 84 percent of CEOs in the nation are prepared to release AI responsibly, well above the 76 percent global benchmark, supported by the Kingdom's information governance environment, including nationwide initiatives led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are believing holistically about how to make the area appealing, including having more practical laws to enable experimentation and development," said the report.

Top magnate, policymakers and financiers from the GCC and Latin America just recently explored how nations from the two regions can grow trade in between each other in Dubai, UAE.More than 500 local and global policymakers, presidents, CEOs, magnate, financiers, and market experts attended the very first Global Business Forum Latin America held at the Atlantis Palm - Dubai.

How to Maintain a Competitive Advantage in 2026

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 declaration from organisers stated. Both areas depend on each other for vital products.

In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the region's total sugar imports, it added. Brazil is without a doubt the largest trading partner for nations in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC depends on Brazil for meat (generally poultry), Argentina for cereals, Mexico for vehicles and Chile for wood products, stated a statement.

The forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how businesses can benefit from the altering patterns of international demand and what role Dubai can play in facilitating the next action in service relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however globally too, by acting as an info and research centre, by providing service paperwork, using legal services, facilitating networking chances by means of signature business events and delivering practically every conceivable company option, it specified.

GCC development will reinforce in 2026, led by faster growth in hydrocarbons; non-oil growth will stay solid but slow a little. Non-oil activity will be supported by population development, brand-new industries, and public investment; inflation will remain soft, while financial policy will loosen up. Hydrocarbons sector development will speed up, offsetting in part lower oil costs; fiscal balances will be mixed, with surpluses in UAE and Qatar, however deficits continue in other places.

Reviewing New Market Research for Future Growth

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 government policies bring in funds and talent, said magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel discussion on the very first day of SEF 2026 examining "What Does the Next Year of Endeavor Capital Appear Like", speakers concurred that the emerging local financial investment landscape appears promising.

ANSR July GCC PRs 50DR+

Reacting to a question on local startups' prospects of benefiting from current financial investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC stated: "We have so much choosing us in the region: the low expense of energy, an extremely progressive federal government that is ahead in policy, guideline and data privacy; and truly strong instructional institutions that are significantly looking at AI and ending up technical skill in AI."She added: "Our ultimate goal is to see this area, specifically the GCC, become an AI superpower.

Our most significant chauffeur right now is investing in talent, since in the AI race, it's the technical talent that really wins.

"International growth funds are can be found in, which shows clear indications of maturity of the community The capability of the UAE and local federal governments to draw in skill; their innovation-first technique, abundance of capital here as well as inflow internationally are the essential structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the variety of offers with the greatest values, with 250 "largest ticket size" offers tape-recorded in 2025 in the nation.