Operational Excellence: a Key Driver for Regional Growth thumbnail

Operational Excellence: a Key Driver for Regional Growth

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Verifying the growth of AI in the area, a report launched by PwC previously this month said that the use of AI among the labor force in the Middle East continues to rise, with 75 percent of workers in the region using it in their jobs over the past 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's development in the technology sector and said that 84 percent of CEOs in the nation are all set to deploy AI properly, well above the 76 percent worldwide standard, supported by the Kingdom's information governance ecosystem, including national initiatives led by the Saudi Data and Expert System Authority.

Policymakers are believing holistically about how to make the area appealing, including having more pragmatic laws to allow for experimentation and growth," stated the report.

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Leading magnate, policymakers and investors from the GCC and Latin America recently checked out how nations from the two areas can grow trade in between each other in Dubai, UAE.More than 500 local and worldwide policymakers, heads of state, CEOs, business leaders, investors, and market specialists participated in the first Global Business Online forum Latin America held at the Atlantis Palm - Dubai.

Emerging Strategic Shifts Defining the 2026 Regional Market

In 2015 the GCC made up 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 area were $5.6 billion, a declaration from organisers stated. Both areas depend on each other for necessary products.

In 2015 Latin America provided almost 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 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 lorries and Chile for wood products, said a declaration.

The forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how companies can take advantage of the changing patterns of international need 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 but worldwide too, by serving as an info and research centre, by supplying company documents, offering legal services, assisting in networking opportunities through signature company occasions and providing nearly every possible business solution, it mentioned.

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 growth, brand-new industries, and public investment; inflation will remain soft, while financial policy will loosen. Hydrocarbons sector growth will speed up, balancing out in part lower oil prices; fiscal balances will be combined, with surpluses in UAE and Qatar, however deficits persist elsewhere.

Methods for Scaling GCC Strategy in 2026

SHARJAH (WAM) The GCC and broader Middle East area 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, stated magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel discussion on the first day of SEF 2026 taking a look at "What Does the Next Year of Endeavor Capital Appear Like", speakers concurred that the emerging regional investment landscape appears appealing.

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Reacting to a question on regional start-ups' prospects of benefiting from recent financial investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC stated: "We have a lot choosing us in the area: the low expense of energy, a really progressive federal government that is ahead in policy, guideline and information personal privacy; and actually strong educational institutions that are progressively looking at AI and turning out technical skill in AI."She added: "Our supreme objective is to see this region, specifically the GCC, become an AI superpower.

Our most significant driver right now is investing in talent, because in the AI race, it's the technical talent that truly wins.

"International development funds are can be found in, which reveals clear signs of maturity of the environment The capability of the UAE and local governments to attract skill; their innovation-first approach, abundance of capital here in addition to inflow internationally are the crucial foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the variety of handle the greatest worths, with 250 "biggest ticket size" offers recorded in 2025 in the country.