Industrial Excellence: a Strategic Driver for Regional Growth thumbnail

Industrial Excellence: a Strategic Driver for Regional Growth

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Verifying the development of AI in the area, a report released by PwC earlier this month said that the usage of AI amongst the labor force in the Middle East continues to rise, with 75 percent of staff members in the region using it in their jobs over the previous 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 nation are prepared to deploy AI responsibly, well above the 76 percent worldwide standard, supported by the Kingdom's data governance community, consisting of national initiatives led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are believing holistically about how to make the region appealing, including having more practical laws to enable for experimentation and development," said the report.

Top company leaders, policymakers and investors from the GCC and Latin America recently explored how countries from the two regions can grow trade in between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, heads of state, CEOs, magnate, financiers, and market professionals went to the first Global Business Forum Latin America held at the Atlantis Palm - Dubai.

Navigating the Next GCC Corporate Landscape

In 2015 the GCC made up 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 region were $5.6 billion, a declaration from organisers said. Both areas depend on each other for essential items.

In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the region's total sugar imports, it included. Brazil is without a doubt the biggest trading partner for countries in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (generally 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", explores how organizations can benefit from the changing patterns of international demand and what function 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 but internationally too, by acting as an information and research centre, by providing service documentation, using legal services, assisting in networking chances by means of signature service occasions and delivering nearly every possible company solution, it mentioned.

GCC development will enhance in 2026, led by faster expansion in hydrocarbons; non-oil development will remain strong however slow somewhat. Non-oil activity will be supported by population development, brand-new industries, and public financial investment; inflation will remain soft, while monetary policy will loosen. Hydrocarbons sector development will speed up, offsetting in part lower oil costs; financial balances will be combined, with surpluses in UAE and Qatar, however deficits persist in other places.

Evaluating Legacy Models and Future Economic Strategies

SHARJAH (WAM) The GCC and wider Middle East area is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies bring in funds and talent, said magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel discussion on the first day of SEF 2026 examining "What Does the Next Year of Equity Capital Appear Like", speakers concurred that the emerging regional financial investment landscape appears appealing.

Scaling Industrial Operations Within Dubai and the GCC
ANSR July GCC PRs 50DR+ANSR July GCC PRs 50DR+


Reacting to a question on local start-ups' 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 opting for us in the area: the low cost of energy, a really progressive government that is ahead in policy, guideline and information personal privacy; and truly strong academic institutions that are increasingly looking at AI and ending up technical talent in AI."She included: "Our supreme objective is to see this region, specifically the GCC, become an AI superpower.

Our biggest chauffeur today is buying talent, because in the AI race, it's the technical skill that really wins."Focusing on the beauty of the region for investors, Christos Mastoras, Creator and Managing Partner of Iliad Partners, stated: "I believe we are really lucky to onboard the three biggest banks of Greece as LPs [Limited Partners] for investment in the region.

"International growth funds are coming in, which shows clear indications of maturity of the environment The capability of the UAE and regional governments to attract skill; their innovation-first technique, abundance of capital here as well as inflow internationally are the essential foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the number of offers with the highest worths, with 250 "largest ticket size" offers taped in 2025 in the nation.