Driving Regional Industrial Growth through Innovation

Verifying the development of AI in the area, a report launched by PwC previously this month said that the usage of AI among the workforce in the Middle East continues to rise, with 75 percent of staff members in the area 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 stated that 84 percent of CEOs in the country are all set to deploy AI properly, well above the 76 percent worldwide benchmark, supported by the Kingdom's information governance environment, consisting of national efforts led by the Saudi Data and Artificial Intelligence Authority.

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

Leading company leaders, policymakers and investors from the GCC and Latin America recently checked out how nations from the two regions can grow trade between each other in Dubai, UAE.More than 500 regional and international policymakers, presidents, CEOs, company leaders, investors, and industry specialists went to the very first Global Business Online forum Latin America held at the Atlantis Palm - Dubai.

Navigating the Next Middle East Corporate Environment

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 area were $5.6 billion, a statement from organisers said. Both regions depend on each other for vital products.

In 2015 Latin America supplied almost half the meat imports into the GCC and 36 per cent of the area'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. Amongst the Latin American states, the GCC depends on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for cars and Chile for wood products, stated a statement.

The forum was arranged by the Dubai Chamber of Commerce under the theme "Shifting Synergies", explores how services can benefit from the changing patterns of worldwide demand and what role Dubai can play in assisting in the next action in company relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however worldwide too, by acting as an information and research centre, by providing company documents, using legal services, facilitating networking chances via signature service occasions and delivering nearly every imaginable organization service, it stated.

GCC growth will enhance in 2026, led by faster growth in hydrocarbons; non-oil development will remain strong however slow slightly. Non-oil activity will be supported by population development, new markets, and public investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector development will accelerate, balancing out in part lower oil rates; financial balances will be blended, with surpluses in UAE and Qatar, but deficits persist somewhere else.

Essential Steps for Industrial Excellence in the GCC

SHARJAH (WAM) The GCC and larger Middle East region 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, stated magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the first day of SEF 2026 examining "What Does the Next Year of Venture Capital Appear Like", speakers agreed that the emerging local financial investment landscape appears promising.

ANSR July GCC PRs 50DR+

Responding to a question on regional startups' prospects of gaining from current financial investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have a lot going for us in the area: the low expense of energy, a very progressive federal government that is ahead in policy, regulation and information personal privacy; and actually strong universities that are increasingly taking a look at AI and ending up technical skill in AI."She added: "Our ultimate goal is to see this region, specifically the GCC, become an AI superpower.

Our biggest chauffeur today is investing in skill, due to the fact that in the AI race, it's the technical skill that actually wins."Focusing on the beauty of the region for financiers, Christos Mastoras, Founder and Managing Partner of Iliad Partners, said: "I think we are extremely fortunate to onboard the 3 biggest banks of Greece as LPs [Limited Partners] for investment in the area.

"International development funds are can be found in, which reveals clear indications of maturity of the community The capability of the UAE and regional governments to draw in skill; their innovation-first technique, abundance of capital here along with inflow globally are the essential foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated 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.