Key Steps for Industrial Excellence in the GCC

Verifying the development of AI in the region, a report launched by PwC earlier this month said that the use of AI amongst the workforce in the Middle East continues to rise, with 75 percent of workers in the region utilizing it in their tasks over the previous 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 ready to release AI properly, well above the 76 percent global criteria, supported by the Kingdom's data governance environment, consisting of national initiatives led by the Saudi Data and Expert System Authority.

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

Leading company leaders, policymakers and financiers from the GCC and Latin America recently explored how countries from the two areas can grow trade between each other in Dubai, UAE.More than 500 local and worldwide policymakers, heads of state, CEOs, service leaders, investors, and industry professionals 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 statement from organisers stated. Both regions depend on each other for essential products.

In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 percent of the region's overall sugar imports, it included. Brazil is without a doubt the largest trading partner for countries in the area, followed by Argentina and Mexico. Amongst 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 declaration.

The online forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how organizations can benefit from the changing patterns of global need and what function Dubai can play in assisting in the next step in business relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but internationally too, by acting as a details and research centre, by supplying business documentation, offering legal services, assisting in networking opportunities by means of signature organization occasions and delivering almost every possible service option, it stated.

GCC growth will reinforce in 2026, led by faster growth in hydrocarbons; non-oil growth will remain solid but slow a little. Non-oil activity will be supported by population growth, new industries, and public investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector development will speed up, offsetting in part lower oil costs; fiscal balances will be combined, with surpluses in UAE and Qatar, but deficits persist in other places.

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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 federal government policies bring in funds and talent, said company leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel conversation on the first day of SEF 2026 analyzing "What Does the Next Year of Endeavor Capital Look Like", speakers agreed that the emerging local financial investment landscape appears appealing.

ANSR July GCC PRs 50DR+

Reacting to a concern on regional startups' prospects of benefiting from current investments in digital facilities, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have so much opting for us in the region: the low cost of energy, a really progressive government that is ahead in policy, policy and information privacy; and really strong academic institutions that are progressively taking a look at AI and turning out technical talent in AI."She included: "Our ultimate goal is to see this area, particularly the GCC, become an AI superpower.

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

"International development funds are can be found in, which reveals clear signs of maturity of the ecosystem The ability of the UAE and regional governments to bring in skill; their innovation-first method, abundance of capital here in addition to inflow globally are the key structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the number of handle the greatest worths, with 250 "biggest ticket size" deals tape-recorded in 2025 in the country.