Can Market Analytics Drive Middle East Industrial Success? thumbnail

Can Market Analytics Drive Middle East Industrial Success?

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Verifying the growth of AI in the area, a report released by PwC previously this month stated that the use of AI among the labor force in the Middle East continues to rise, with 75 percent of workers 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 technology sector and stated that 84 percent of CEOs in the nation are prepared to release AI properly, well above the 76 percent international criteria, supported by the Kingdom's information governance community, consisting of national efforts led by the Saudi Data and Artificial Intelligence Authority.

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

Leading magnate, policymakers and investors from the GCC and Latin America just recently explored how nations from the two regions can grow trade in between each other in Dubai, UAE.More than 500 local and worldwide policymakers, heads of state, CEOs, business leaders, investors, and industry professionals participated in the first Global Business Forum Latin America held at the Atlantis Palm - Dubai.

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

In 2015 Latin America provided nearly half the meat imports into the GCC and 36 per cent of the region's overall sugar imports, it included. 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 relies on Brazil for meat (generally 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 style "Shifting Synergies", explores how businesses can benefit from the changing patterns of international demand and what role Dubai can play in assisting in the next step in service relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but worldwide too, by acting as an info and research study centre, by supplying company documents, providing legal services, facilitating networking chances by means of signature company events and providing practically every imaginable organization solution, it stated.

GCC growth will enhance in 2026, led by faster growth in hydrocarbons; non-oil development will remain solid however slow a little. 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 growth will speed up, offsetting in part lower oil prices; financial balances will be mixed, with surpluses in UAE and Qatar, but deficits continue somewhere else.

Accelerating Regional Industrial Growth through Strategy

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 government policies attracting funds and talent, stated company leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). During a panel conversation on the first day of SEF 2026 examining "What Does the Next Year of Equity Capital Appear Like", speakers agreed that the emerging regional investment landscape appears promising.

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Responding to a question on local start-ups' potential customers of benefiting from current investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC said: "We have so much choosing us in the region: the low cost of energy, an extremely progressive government that is ahead in policy, policy and information personal privacy; and truly strong universities that are progressively looking at AI and ending up technical talent in AI."She included: "Our supreme goal is to see this region, particularly the GCC, become an AI superpower.

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

"International growth funds are being available in, which shows clear indications of maturity of the community The ability of the UAE and regional federal governments to attract skill; their innovation-first approach, abundance of capital here as well as inflow internationally are the key structure blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the variety of handle the greatest worths, with 250 "biggest ticket size" offers tape-recorded in 2025 in the nation.

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