Industrial Excellence: a Strategic Pillar for Regional Growth

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

In November, a report released by KPMG highlighted Saudi Arabia's progress in the technology sector and said that 84 percent of CEOs in the country are all set to release AI properly, well above the 76 percent international standard, supported by the Kingdom's information governance ecosystem, including national efforts led by the Saudi Data and Expert System Authority.

Policymakers are believing holistically about how to make the region appealing, including having more practical laws to permit experimentation and development," stated the report.

Leading business leaders, policymakers and financiers from the GCC and Latin America recently explored how nations from the two regions can grow trade between each other in Dubai, UAE.More than 500 regional and international policymakers, heads of state, CEOs, service leaders, financiers, and market specialists went to the first Global Company Online 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 items from Latin America. And exports to Latin America from the region were $5.6 billion, a declaration from organisers said. Both regions count on each other for vital products.

In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 per cent of the area's total sugar imports, it included. Brazil is without a doubt the largest trading partner for countries in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC counts on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for automobiles and Chile for wood products, said a declaration.

The online forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how businesses can take advantage of the altering patterns of international need and what function Dubai can play in assisting in the next step in business relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however globally too, by acting as a details and research centre, by offering company documents, offering legal services, facilitating networking opportunities via signature company occasions and providing nearly every conceivable organization option, it specified.

GCC growth will strengthen in 2026, led by faster growth in hydrocarbons; non-oil growth will stay solid but sluggish slightly. Non-oil activity will be supported by population growth, brand-new industries, and public financial investment; inflation will stay soft, while financial policy will loosen up. Hydrocarbons sector growth will speed up, offsetting in part lower oil rates; financial balances will be blended, with surpluses in UAE and Qatar, but deficits persist in other places.

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SHARJAH (WAM) The GCC and wider Middle East region is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies attracting funds and talent, said 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 Venture Capital Look Like", speakers agreed that the emerging regional investment landscape appears promising.

ANSR July GCC PRs 50DR+

Responding to a question on regional start-ups' potential customers of taking advantage of current financial investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have a lot opting for us in the region: the low expense of energy, an extremely progressive government that is ahead in policy, guideline and data privacy; and actually strong instructional organizations that are significantly looking at AI and ending up technical talent in AI."She included: "Our supreme goal is to see this area, particularly the GCC, become an AI superpower.

Our greatest motorist right now is investing in talent, since in the AI race, it's the technical talent that actually wins."Focusing on the beauty of the area for investors, Christos Mastoras, Creator and Handling Partner of Iliad Partners, stated: "I think we are extremely fortunate to onboard the 3 largest banks of Greece as LPs [Limited Partners] for investment in the region.

"International development funds are can be found in, which reveals clear indications of maturity of the community The capability of the UAE and regional governments to bring in talent; their innovation-first technique, abundance of capital here along with inflow globally are the essential foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the variety of handle the greatest worths, with 250 "largest ticket size" offers taped in 2025 in the nation.