Accelerating Regional Industrial Growth through Innovation

Affirming the development of AI in the region, a report released by PwC previously this month stated that the usage of AI among the workforce in the Middle East continues to increase, with 75 percent of staff members in the region using it in their tasks over the past 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's progress in the innovation sector and said that 84 percent of CEOs in the country are all set to release AI responsibly, well above the 76 percent worldwide criteria, supported by the Kingdom's information governance ecosystem, consisting of nationwide initiatives led by the Saudi Data and Artificial Intelligence Authority.

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

Top business leaders, policymakers and financiers from the GCC and Latin America just recently checked out how countries from the two areas can grow trade in between each other in Dubai, UAE.More than 500 local and global policymakers, heads of state, CEOs, company leaders, financiers, and industry professionals attended the very first Global Business Online forum Latin America held at the Atlantis Palm - Dubai.

Reviewing New Market Research for Future Insights

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 region were $5.6 billion, a statement from organisers said. Both areas depend on each other for necessary products.

In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 per cent of the area's overall sugar imports, it added. Brazil is without a doubt the largest trading partner for nations 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 products, stated a declaration.

The forum was organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", explores how organizations can gain from the altering patterns of international demand and what role Dubai can play in helping with the next action in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however worldwide too, by functioning as an information and research study centre, by providing organization documents, providing legal services, facilitating networking opportunities by means of signature company occasions and providing nearly every imaginable business option, it specified.

GCC growth will strengthen 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, new industries, and public financial investment; inflation will remain soft, while monetary policy will loosen up. Hydrocarbons sector growth will accelerate, offsetting in part lower oil prices; financial balances will be mixed, with surpluses in UAE and Qatar, however deficits persist elsewhere.

How to Scale GCC Operations in 2026

SHARJAH (WAM) The GCC and broader Middle East region is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused government policies attracting funds and talent, stated magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Look Like", speakers concurred that the emerging regional investment landscape appears appealing.

ANSR July GCC PRs 50DR+

Responding to a concern on regional startups' prospects of taking advantage of recent financial investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have a lot choosing us in the region: the low expense of energy, an extremely progressive federal government that is ahead in policy, guideline and data privacy; and really strong universities that are progressively taking a look at AI and ending up technical skill in AI."She included: "Our ultimate objective is to see this area, particularly the GCC, end up being an AI superpower.

Our greatest motorist right now is buying skill, since in the AI race, it's the technical talent that actually wins."Concentrating on the beauty of the area for financiers, Christos Mastoras, Founder and Handling Partner of Iliad Partners, stated: "I think we are very fortunate to onboard the 3 largest banks of Greece as LPs [Limited Partners] for investment in the region.

"International development funds are can be found in, which reveals clear indications of maturity of the community The capability of the UAE and regional federal governments to attract talent; their innovation-first technique, abundance of capital here in addition to inflow globally are the key structure blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the variety of handle the highest worths, with 250 "biggest ticket size" deals taped in 2025 in the country.