Key Steps for Industrial Excellence in the GCC

Affirming the growth of AI in the area, a report released by PwC previously this month said that the usage of AI among the workforce in the Middle East continues to increase, 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 development in the technology sector and stated that 84 percent of CEOs in the nation are all set to release AI properly, well above the 76 percent global benchmark, supported by the Kingdom's data governance ecosystem, including national efforts led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are thinking holistically about how to make the area appealing, including having more practical laws to permit experimentation and growth," stated the report.

Leading organization leaders, 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 regional and global policymakers, presidents, CEOs, company leaders, investors, and industry specialists participated in the first Global Organization Forum Latin America held at the Atlantis Palm - Dubai.

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In 2015 the GCC comprised of the UAE, Bahrain, Kuwait, Oman, Qatar and Saudi Arabia, imported $11 billion worth of products from Latin America. And exports to Latin America from the region were $5.6 billion, a declaration from organisers said. Both areas rely on each other for important items.

In 2015 Latin America supplied almost half the meat imports into the GCC and 36 percent of the area's overall sugar imports, it added. Brazil is without a doubt the biggest trading partner for nations in the region, followed by Argentina and Mexico. Amongst the Latin American states, the GCC relies on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for lorries and Chile for wood items, said a declaration.

The forum was arranged by the Dubai Chamber of Commerce under the style "Shifting Synergies", checks out how businesses can gain from the altering patterns of global need and what role Dubai can play in helping with the next action in service relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but internationally too, by serving as an info and research study centre, by providing organization paperwork, offering legal services, facilitating networking chances by means of signature service events and delivering practically every possible company service, it specified.

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

Accelerating Regional Industrial Expansion through Strategy

SHARJAH (WAM) The GCC and wider Middle East area is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies drawing in funds and skill, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel discussion on the first day of SEF 2026 examining "What Does the Next Year of Equity Capital Appear Like", speakers agreed that the emerging local financial investment landscape appears promising.

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Responding to a concern on regional startups' prospects of taking advantage of recent investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have a lot opting for us in the area: the low expense of energy, a very progressive government that is ahead in policy, regulation and information personal privacy; and really strong universities that are increasingly looking at AI and turning out technical talent in AI."She added: "Our ultimate goal is to see this region, specifically the GCC, end up being an AI superpower.

Our biggest driver today is buying talent, since in the AI race, it's the technical skill that truly wins."Focusing on the beauty of the area for financiers, Christos Mastoras, Creator and Managing Partner of Iliad Partners, said: "I believe we are extremely fortunate to onboard the 3 biggest banks of Greece as LPs [Limited Partners] for investment in the area.

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