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Operational Excellence: a Strategic Pillar for Regional Growth

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Affirming the growth of AI in the region, a report released by PwC previously this month stated that the use of AI among the labor force in the Middle East continues to increase, with 75 percent of employees in the region utilizing it in their jobs over the past 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's progress in the technology sector and stated that 84 percent of CEOs in the nation are ready to release AI properly, well above the 76 percent worldwide benchmark, supported by the Kingdom's information governance environment, consisting of national initiatives led by the Saudi Data and Artificial Intelligence Authority.

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

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Leading magnate, policymakers and investors from the GCC and Latin America recently explored how nations from the 2 areas can grow trade in between each other in Dubai, UAE.More than 500 local and international policymakers, presidents, CEOs, magnate, investors, and industry professionals participated in the first Global Business Online forum Latin America held at the Atlantis Palm - Dubai.

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In 2015 the GCC comprised 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 statement from organisers stated. Both regions count on each other for essential 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 added. 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 products, said a statement.

The online forum was arranged by the Dubai Chamber of Commerce under the style "Moving Synergies", checks out how services can gain from the altering patterns of international demand and what function Dubai can play in helping with the next action in service relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however worldwide too, by serving as an info and research centre, by supplying business documentation, providing legal services, facilitating networking opportunities through signature business events and providing practically every possible service solution, it mentioned.

GCC growth will reinforce in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain strong however sluggish somewhat. Non-oil activity will be supported by population development, new markets, and public financial investment; inflation will stay soft, while financial policy will loosen. Hydrocarbons sector development will accelerate, balancing out in part lower oil prices; fiscal balances will be mixed, with surpluses in UAE and Qatar, however deficits persist somewhere else.

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

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Reacting to a question on local startups' potential customers of gaining from current investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC said: "We have a lot opting for us in the area: the low expense of energy, a really progressive federal government that is ahead in policy, policy and data privacy; and really strong educational organizations that are increasingly looking at AI and turning out technical talent in AI."She included: "Our ultimate goal is to see this area, specifically the GCC, become an AI superpower.

Our most significant motorist right now is investing in talent, since in the AI race, it's the technical skill that actually wins.

"International growth funds are being available in, which reveals clear indications of maturity of the community The capability of the UAE and regional governments to bring in talent; their innovation-first method, abundance of capital here as well as inflow internationally are the key building blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the variety of offers with the highest values, with 250 "largest ticket size" deals tape-recorded in 2025 in the country.