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Essential Steps for Operational Excellence in the GCC

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

In November, a report released by KPMG highlighted Saudi Arabia's development in the innovation sector and stated that 84 percent of CEOs in the nation are ready to deploy AI properly, well above the 76 percent international criteria, supported by the Kingdom's information governance ecosystem, including national efforts led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are believing holistically about how to make the region appealing, including having more practical laws to permit experimentation and growth," stated the report.

Top magnate, policymakers and financiers from the GCC and Latin America just recently checked out how nations from the two areas can grow trade between each other in Dubai, UAE.More than 500 regional and international policymakers, heads of state, CEOs, magnate, financiers, and industry experts went to the very first Global Service Forum Latin America held at the Atlantis Palm - Dubai.

Emerging Future Shifts Defining the 2026 GCC Economy

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 areas depend on each other for vital products.

In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 percent of the area's total sugar imports, it included. Brazil is by far the biggest trading partner for countries in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC counts on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for automobiles and Chile for wood products, stated a declaration.

The online forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how organizations can benefit from the altering patterns of worldwide need and what role 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 information and research centre, by supplying business paperwork, providing legal services, assisting in networking chances through signature organization occasions and providing nearly every possible organization option, it specified.

GCC development will enhance in 2026, led by faster growth in hydrocarbons; non-oil development will remain solid however sluggish slightly. Non-oil activity will be supported by population growth, new industries, and public financial investment; inflation will remain soft, while financial policy will loosen up. Hydrocarbons sector growth will speed up, balancing out in part lower oil prices; fiscal balances will be combined, with surpluses in UAE and Qatar, but deficits persist somewhere else.

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SHARJAH (WAM) The GCC and larger Middle East area 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 skill, said magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the very first day of SEF 2026 analyzing "What Does the Next Year of Venture Capital Appear Like", speakers concurred that the emerging local investment landscape appears appealing.

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Reacting to a question on local start-ups' prospects of gaining from recent financial investments in digital facilities, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have a lot choosing us in the area: the low expense of energy, an extremely progressive federal government that is ahead in policy, regulation and data privacy; and truly strong academic organizations that are progressively looking at AI and turning out technical skill in AI."She included: "Our supreme objective is to see this area, particularly the GCC, end up being an AI superpower.

Our most significant driver right now is purchasing skill, because in the AI race, it's the technical talent that really wins."Focusing on the attractiveness of the area for financiers, Christos Mastoras, Founder and Managing Partner of Iliad Partners, said: "I think we are very fortunate to onboard the 3 largest banks of Greece as LPs [Limited Partners] for investment in the area.

"International growth funds are coming in, which reveals clear signs of maturity of the environment The ability of the UAE and regional governments to bring in talent; their innovation-first technique, abundance of capital here in addition to inflow worldwide are the crucial foundation."Paula Tavangar, Chief Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the number of offers with the greatest values, with 250 "largest ticket size" deals tape-recorded in 2025 in the country.