Accelerating Dubai Industrial Expansion through Strategy

Verifying the growth of AI in the area, a report released by PwC previously this month stated that the use of AI amongst the workforce in the Middle East continues to rise, with 75 percent of staff members in the region utilizing it in their jobs over the previous 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's development in the innovation sector and said that 84 percent of CEOs in the country are all set to release AI properly, well above the 76 percent global standard, supported by the Kingdom's data governance community, including nationwide efforts led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are thinking holistically about how to make the region attractive, consisting of having more pragmatic laws to enable experimentation and growth," stated the report.

Top organization leaders, policymakers and investors from the GCC and Latin America just recently checked out how countries from the two regions can grow trade between each other in Dubai, UAE.More than 500 local and international policymakers, presidents, CEOs, business leaders, investors, and market professionals went to 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 products from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers said. Both regions count on each other for vital products.

In 2015 Latin America provided almost half the meat imports into the GCC and 36 per cent of the region's overall sugar imports, it added. Brazil is without a doubt the largest trading partner for countries in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC relies on Brazil for meat (generally poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, said a declaration.

The online forum was organised by the Dubai Chamber of Commerce under the style "Moving Synergies", checks out how businesses can benefit from the changing patterns of worldwide need and what function Dubai can play in helping with the next action in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however internationally too, by functioning as an info and research centre, by providing business documentation, using legal services, facilitating networking chances by means of signature business occasions and providing almost every imaginable company option, it stated.

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

Driving Regional Industrial Expansion through Strategy

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 bring in funds and talent, said magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel discussion on the first day of SEF 2026 taking a look at "What Does the Next Year of Venture Capital Appear Like", speakers agreed that the emerging local financial investment landscape appears promising.

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Reacting to a question on local start-ups' potential customers of benefiting from recent financial investments in digital infrastructure, Tala Al Jabri, Creator and Managing Partner of Wyld VC stated: "We have so much choosing us in the region: the low expense of energy, a very progressive federal government that is ahead in policy, regulation and information personal privacy; and truly strong universities that are progressively looking at AI and turning out technical skill in AI."She added: "Our supreme objective is to see this area, particularly the GCC, end up being an AI superpower.

Our biggest motorist today is investing in skill, due to the fact that in the AI race, it's the technical talent that really wins."Concentrating on the beauty of the area for financiers, Christos Mastoras, Founder and Managing Partner of Iliad Partners, said: "I think we are very fortunate to onboard the three biggest banks of Greece as LPs [Limited Partners] for investment in the area.

"International growth funds are can be found in, which reveals clear indications of maturity of the community The capability of the UAE and regional governments to attract skill; their innovation-first approach, abundance of capital here as well as inflow worldwide are the essential building blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the number of deals with the highest values, with 250 "largest ticket size" offers recorded in 2025 in the country.