Essential Steps for Operational Excellence in the GCC thumbnail

Essential Steps for Operational Excellence in the GCC

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Affirming the development of AI in the region, a report launched by PwC earlier this month said that the usage of AI among the labor force in the Middle East continues to increase, with 75 percent of employees in the area using it in their jobs over the past 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's development in the technology sector and stated that 84 percent of CEOs in the country are prepared to deploy AI properly, well above the 76 percent international standard, supported by the Kingdom's data governance ecosystem, including national 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 practical laws to permit for experimentation and development," said the report.

Top company leaders, policymakers and investors from the GCC and Latin America just recently checked out how nations from the two areas can grow trade in between each other in Dubai, UAE.More than 500 regional and global policymakers, presidents, CEOs, organization leaders, financiers, and market experts went to the very first Global Business Online forum Latin America held at the Atlantis Palm - Dubai.

Comparing Traditional Systems and Future Business Strategies

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 region were $5.6 billion, a statement from organisers said. Both areas count on each other for important 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 nations 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, said a declaration.

The online forum was organised by the Dubai Chamber of Commerce under the style "Shifting Synergies", explores how services can take advantage of the altering patterns of worldwide demand and what function Dubai can play in facilitating the next step in organization relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but internationally too, by functioning as an information and research study centre, by providing business documentation, providing legal services, assisting in networking opportunities through signature organization events and delivering nearly every conceivable service service, it stated.

GCC development will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil development will stay strong however slow a little. 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 growth will speed up, offsetting in part lower oil rates; fiscal balances will be combined, with surpluses in UAE and Qatar, however deficits persist somewhere else.

Will Market Analytics Define Middle East Industrial Growth?

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 talent, said magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). Throughout a panel discussion on the very first day of SEF 2026 analyzing "What Does the Next Year of Equity Capital Look Like", speakers agreed that the emerging regional investment landscape appears appealing.

ANSR July GCC PRs 50DR+ANSR July GCC PRs 50DR+


Responding to a concern on regional startups' prospects of taking advantage of recent financial investments in digital infrastructure, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have so much opting for us in the region: the low expense of energy, a very progressive federal government that is ahead in policy, guideline and data personal privacy; and really strong academic organizations that are progressively taking a look at AI and turning out technical talent in AI."She added: "Our ultimate goal is to see this area, specifically the GCC, end up being an AI superpower.

Our greatest motorist right now is buying talent, because in the AI race, it's the technical skill that truly wins."Focusing on the attractiveness of the region for financiers, Christos Mastoras, Creator and Handling Partner of Iliad Partners, stated: "I think 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 signs of maturity of the environment The capability of the UAE and local federal governments to draw in skill; their innovation-first approach, abundance of capital here as well as inflow internationally are the key foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the number of deals with the greatest values, with 250 "biggest ticket size" offers tape-recorded in 2025 in the nation.