Industrial Excellence: a Key Driver for Regional Growth thumbnail

Industrial Excellence: a Key Driver for Regional Growth

Published Aug 16, 26
4 min read


Affirming the growth of AI in the region, a report released by PwC previously this month said that the usage of AI amongst the workforce in the Middle East continues to rise, with 75 percent of employees in the area utilizing it in their jobs over the previous 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's development in the technology sector and stated that 84 percent of CEOs in the country are prepared to deploy AI properly, well above the 76 percent worldwide benchmark, supported by the Kingdom's information governance environment, including nationwide initiatives led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are believing holistically about how to make the area attractive, including having more pragmatic laws to permit experimentation and development," stated the report.

Strategic Strategy for Regional Leadership

Top 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 regional and global policymakers, heads of state, CEOs, magnate, financiers, and market professionals went to the first Global Organization Online forum Latin America held at the Atlantis Palm - Dubai.

Predicting the Next Middle East Business Landscape

In 2015 the GCC comprised of the UAE, Bahrain, Kuwait, Oman, Qatar and Saudi Arabia, imported $11 billion worth of goods from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers stated. Both regions count on each other for necessary items.

In 2015 Latin America provided almost half the meat imports into the GCC and 36 per cent of the region's total sugar imports, it added. Brazil is without a doubt the biggest trading partner for nations in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC relies on Brazil for meat (generally poultry), Argentina for cereals, Mexico for automobiles and Chile for wood products, stated a statement.

The online forum was organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", explores how services can gain from the altering patterns of international need and what function Dubai can play in helping with the next step in business relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however internationally too, by functioning as an info and research study centre, by supplying company documents, using legal services, assisting in networking chances by means of signature business events and delivering practically every conceivable business option, it mentioned.

GCC development will strengthen in 2026, led by faster growth in hydrocarbons; non-oil growth will stay solid but slow slightly. Non-oil activity will be supported by population growth, new markets, and public financial investment; inflation will remain soft, while monetary policy will loosen. Hydrocarbons sector growth will speed up, balancing out in part lower oil prices; financial balances will be combined, with surpluses in UAE and Qatar, but deficits continue in other places.

Predicting the Next Middle East Business Landscape

SHARJAH (WAM) The GCC and larger Middle East area is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies attracting funds and talent, said company leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel conversation on the very first day of SEF 2026 taking a look at "What Does the Next Year of Venture Capital Look Like", speakers concurred that the emerging local financial investment landscape appears appealing.

How to Implement Advanced Strategies for 2026
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Reacting to a question on regional startups' prospects of gaining from recent financial investments in digital infrastructure, Tala Al Jabri, Founder and Handling Partner of Wyld VC said: "We have a lot going for us in the region: the low expense of energy, a really progressive federal government that is ahead in policy, regulation and data personal privacy; and truly strong universities that are progressively looking at AI and ending up technical talent in AI."She included: "Our ultimate goal is to see this area, particularly the GCC, become 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 talent that truly wins.

"International growth funds are can be found in, which shows clear indications of maturity of the community The ability of the UAE and regional governments to attract talent; their innovation-first technique, abundance of capital here along with inflow globally are the crucial structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of handle the highest worths, with 250 "largest ticket size" offers recorded in 2025 in the country.

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