Driving Dubai Industrial Expansion through Innovation

Affirming the development of AI in the area, a report launched by PwC previously this month stated that the use of AI amongst the workforce in the Middle East continues to rise, with 75 percent of workers in the region using it in their tasks over the previous 12 months.

In November, a report launched 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 responsibly, well above the 76 percent worldwide benchmark, supported by the Kingdom's information governance ecosystem, including nationwide efforts led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are believing holistically about how to make the area appealing, consisting of having more practical laws to permit experimentation and growth," said the report.

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

Operational Excellence: a Strategic Driver for Regional Growth

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 stated. Both regions rely on each other for vital products.

In 2015 Latin America provided almost half the meat imports into the GCC and 36 per cent of the region's overall sugar imports, it included. Brazil is by far the biggest trading partner for countries in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for vehicles and Chile for wood items, stated a declaration.

The forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how organizations can benefit from the altering patterns of worldwide demand and what function Dubai can play in helping with the next action in organization relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however globally too, by serving as an info and research study centre, by offering company documents, providing legal services, facilitating networking opportunities through signature organization occasions and providing nearly every possible service service, it mentioned.

GCC growth will enhance in 2026, led by faster expansion in hydrocarbons; non-oil development will remain solid however slow slightly. Non-oil activity will be supported by population development, brand-new markets, and public investment; inflation will stay soft, while monetary policy will loosen up. Hydrocarbons sector development will speed up, offsetting in part lower oil rates; fiscal balances will be blended, with surpluses in UAE and Qatar, but deficits continue in other places.

How to Maintain a Competitive Edge in 2026

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 government policies drawing in funds and talent, stated service leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel discussion on the first day of SEF 2026 taking a look at "What Does the Next Year of Equity Capital Appear Like", speakers agreed that the emerging regional financial investment landscape appears appealing.

ANSR July GCC PRs 50DR+

Responding to a concern on local start-ups' prospects of benefiting from recent investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have so much going for us in the area: the low expense of energy, a very progressive government that is ahead in policy, regulation and data personal privacy; and actually strong universities that are progressively looking at AI and ending up technical skill in AI."She added: "Our supreme goal is to see this area, specifically the GCC, end up being an AI superpower.

Our biggest driver right now is investing in talent, due to the fact that in the AI race, it's the technical skill that actually wins.

"International growth funds are coming in, which reveals clear indications of maturity of the ecosystem The ability of the UAE and regional governments to bring in talent; their innovation-first approach, abundance of capital here along with inflow globally are the essential building blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the number of deals with the greatest values, with 250 "largest ticket size" offers recorded in 2025 in the country.