Key Steps for Industrial Excellence in the GCC thumbnail

Key Steps for Industrial Excellence in the GCC

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Verifying the development of AI in the region, 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 employees in the region using it in their jobs over the past 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's progress in the innovation sector and said that 84 percent of CEOs in the country are prepared to release AI properly, well above the 76 percent worldwide criteria, supported by the Kingdom's information governance community, 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 practical laws to permit experimentation and growth," stated the report.

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Top service leaders, policymakers and financiers from the GCC and Latin America recently checked out how nations from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 local and global policymakers, presidents, CEOs, magnate, financiers, and market specialists participated in the very first Global Organization Forum Latin America held at the Atlantis Palm - Dubai.

Emerging Strategic Trends Defining the 2026 GCC Economy

In 2015 the GCC made up 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 area were $5.6 billion, a declaration from organisers stated. Both regions depend 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 area's overall sugar imports, it included. Brazil is by far the largest trading partner for nations in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for automobiles and Chile for wood items, stated a statement.

The online forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how businesses can benefit from the changing patterns of worldwide need and what role Dubai can play in facilitating the next step in company relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however worldwide too, by serving as a details and research centre, by supplying company documentation, providing legal services, helping with networking chances through signature business occasions and providing nearly every conceivable service option, it stated.

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

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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 government policies drawing in funds and talent, stated magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During 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 concurred that the emerging regional financial investment landscape appears appealing.

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ANSR July GCC PRs 50DR+ANSR July GCC PRs 50DR+


Reacting to a question on regional startups' prospects of gaining from recent investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have a lot opting for us in the area: the low cost of energy, an extremely progressive federal government that is ahead in policy, policy and information personal privacy; and truly strong universities that are increasingly taking a look at AI and ending up technical talent in AI."She included: "Our ultimate goal is to see this region, specifically the GCC, end up being an AI superpower.

Our most significant driver right now is purchasing talent, since in the AI race, it's the technical skill that really wins."Concentrating on the appearance of the region for financiers, Christos Mastoras, Creator and Managing Partner of Iliad Partners, stated: "I think we are very fortunate to onboard the 3 largest banks of Greece as LPs [Limited Partners] for financial investment in the area.

"International development funds are coming in, which reveals clear signs of maturity of the community The ability of the UAE and local governments to bring in skill; their innovation-first method, abundance of capital here as well as inflow globally are the essential structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the variety of offers with the highest worths, with 250 "biggest ticket size" deals taped in 2025 in the country.