Industrial Excellence: a Key Pillar for Regional Success

Verifying the growth of AI in the region, a report launched 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 employees in the region utilizing it in their jobs over the past 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's development in the innovation sector and stated that 84 percent of CEOs in the nation are prepared to release AI properly, well above the 76 percent worldwide criteria, supported by the Kingdom's data governance ecosystem, consisting of nationwide initiatives led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are believing holistically about how to make the area attractive, consisting of having more practical laws to enable experimentation and growth," stated the report.

Leading magnate, policymakers and financiers from the GCC and Latin America recently explored how nations from the 2 regions can grow trade between each other in Dubai, UAE.More than 500 local and global policymakers, presidents, CEOs, organization leaders, financiers, and market experts participated in the first Global Service Forum Latin America held at the Atlantis Palm - Dubai.

Comparing Legacy Systems and 2026 Economic Frameworks

In 2015 the GCC comprised 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 statement from organisers said. Both areas depend on each other for necessary products.

In 2015 Latin America provided almost half the meat imports into the GCC and 36 percent of the region's overall sugar imports, it added. Brazil is without a doubt the largest trading partner for nations in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC relies on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for cars and Chile for wood products, said a statement.

The forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how businesses can take advantage of the altering patterns of international demand and what role Dubai can play in facilitating the next step in service 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 study centre, by providing business paperwork, offering legal services, facilitating networking chances via signature business events and providing nearly every possible organization service, it stated.

GCC development will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil development will stay strong but slow slightly. Non-oil activity will be supported by population growth, brand-new industries, and public investment; inflation will stay soft, while financial policy will loosen up. Hydrocarbons sector development will speed up, balancing out in part lower oil rates; fiscal balances will be blended, with surpluses in UAE and Qatar, however deficits persist elsewhere.

Evaluating Legacy Systems and 2026 Business Strategies

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 drawing in funds and skill, said magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel discussion on the very first day of SEF 2026 analyzing "What Does the Next Year of Endeavor Capital Appear Like", speakers agreed that the emerging regional financial investment landscape appears appealing.

ANSR July GCC PRs 50DR+

Responding to a question on local startups' potential customers of benefiting from current investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have a lot choosing us in the area: the low cost of energy, a really progressive federal government that is ahead in policy, regulation and information privacy; and actually strong universities that are increasingly taking a look at AI and ending up technical talent in AI."She included: "Our supreme objective is to see this region, specifically the GCC, become an AI superpower.

Our biggest chauffeur today is buying talent, since in the AI race, it's the technical talent that really wins."Concentrating on the attractiveness of the area for financiers, Christos Mastoras, Creator and Managing Partner of Iliad Partners, stated: "I think we are really fortunate to onboard the 3 biggest banks of Greece as LPs [Limited Partners] for investment in the area.

"International growth funds are being available in, which shows clear signs of maturity of the community The capability of the UAE and regional federal governments to draw in skill; their innovation-first approach, abundance of capital here as well as inflow worldwide are the essential structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the variety of offers with the highest worths, with 250 "biggest ticket size" deals tape-recorded in 2025 in the country.