Accelerating Dubai Industrial Expansion through Innovation

Affirming the development of AI in the area, a report launched by PwC earlier this month said that the use of AI among the workforce in the Middle East continues to rise, with 75 percent of workers in the area using it in their tasks over the previous 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's progress in the technology sector and said that 84 percent of CEOs in the nation are all set to deploy AI properly, well above the 76 percent global standard, supported by the Kingdom's information governance community, including nationwide efforts led by the Saudi Data and Expert System Authority.

Policymakers are believing holistically about how to make the area attractive, including having more pragmatic laws to allow for experimentation and growth," said the report.

Top magnate, policymakers and investors from the GCC and Latin America recently checked out how nations from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 regional and global policymakers, heads of state, CEOs, company leaders, investors, and industry specialists participated in the first Global Business Forum Latin America held at the Atlantis Palm - Dubai.

Comparing Traditional Systems and Future Economic Frameworks

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 statement from organisers stated. Both regions depend on each other for vital items.

In 2015 Latin America supplied almost half the meat imports into the GCC and 36 per cent of the region's total sugar imports, it included. Brazil is without a doubt the biggest trading partner for nations in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC counts on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for vehicles and Chile for wood products, stated a statement.

The forum was arranged by the Dubai Chamber of Commerce under the style "Moving Synergies", explores how services can take advantage of the altering patterns of international demand and what function Dubai can play in helping with the next action in company relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however internationally too, by functioning as an information and research study centre, by offering company paperwork, using legal services, facilitating networking chances through signature organization events and providing nearly every possible business solution, it stated.

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

Evaluating Traditional Systems and 2026 Business Strategies

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

ANSR July GCC PRs 50DR+

Reacting to a concern on regional startups' prospects of benefiting from recent financial investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have so much opting for us in the area: the low cost of energy, a very progressive federal government that is ahead in policy, guideline and information privacy; and really strong instructional institutions that are progressively taking a look at AI and turning out technical talent in AI."She added: "Our supreme goal is to see this region, specifically the GCC, become an AI superpower.

Our greatest chauffeur today is purchasing talent, due to the fact that in the AI race, it's the technical talent that truly wins."Concentrating on the beauty of the area for financiers, Christos Mastoras, Creator and Managing Partner of Iliad Partners, stated: "I believe we are extremely fortunate to onboard the 3 largest banks of Greece as LPs [Limited Partners] for financial investment in the area.

"International development funds are coming in, which shows clear indications of maturity of the environment The capability of the UAE and regional governments to draw in talent; their innovation-first approach, abundance of capital here in addition to inflow globally are the crucial foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of offers with the highest worths, with 250 "biggest ticket size" offers taped in 2025 in the country.