Accelerating Dubai Industrial Growth through Innovation

Affirming the growth of AI in the region, a report launched by PwC previously this month said that the use of AI among the workforce in the Middle East continues to increase, with 75 percent of employees in the region utilizing it in their tasks over the previous 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's development in the innovation sector and stated that 84 percent of CEOs in the nation are ready to deploy AI properly, well above the 76 percent international benchmark, supported by the Kingdom's data governance community, including nationwide initiatives led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are believing holistically about how to make the region appealing, consisting of having more pragmatic laws to enable for experimentation and development," stated the report.

Top magnate, policymakers and investors from the GCC and Latin America recently explored how countries from the 2 regions can grow trade between each other in Dubai, UAE.More than 500 regional and worldwide policymakers, presidents, CEOs, magnate, investors, and industry professionals went to the very first Global Business Online forum Latin America held at the Atlantis Palm - Dubai.

Comparing Legacy Systems and Future Economic Strategies

In 2015 the GCC made up 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 declaration from organisers stated. Both areas rely on each other for essential products.

In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the area's overall sugar imports, it added. Brazil is by far the largest trading partner for countries in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (generally poultry), Argentina for cereals, Mexico for lorries and Chile for wood items, stated a declaration.

The forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how businesses can benefit from the changing patterns of global demand and what role Dubai can play in helping with the next step in service relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but globally too, by functioning as an info and research study centre, by supplying company documentation, using legal services, assisting in networking opportunities through signature company events and delivering practically every possible company service, it specified.

GCC growth will strengthen in 2026, led by faster growth in hydrocarbons; non-oil development will stay solid however sluggish a little. Non-oil activity will be supported by population development, brand-new markets, and public financial investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector growth will speed up, offsetting in part lower oil rates; financial balances will be mixed, with surpluses in UAE and Qatar, but deficits persist somewhere else.

Reviewing New Market Research for Future Growth

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 federal government policies attracting funds and skill, stated service leaders at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the very first day of SEF 2026 examining "What Does the Next Year of Venture Capital Appear Like", speakers concurred that the emerging regional financial investment landscape appears appealing.

ANSR July GCC PRs 50DR+

Reacting to a question on regional startups' prospects of benefiting from current investments in digital facilities, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have a lot choosing us in the area: the low cost of energy, a really progressive federal government that is ahead in policy, policy and information personal privacy; and really strong universities that are increasingly looking at AI and turning out technical skill in AI."She included: "Our ultimate goal is to see this area, particularly the GCC, end up being an AI superpower.

Our most significant driver right now is investing in skill, due to the fact that in the AI race, it's the technical skill that actually wins.

"International development funds are being available in, which reveals clear signs of maturity of the environment The capability of the UAE and regional governments to bring in talent; their innovation-first method, abundance of capital here along with inflow globally are the key foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the variety of deals with the highest worths, with 250 "biggest ticket size" deals taped in 2025 in the country.