Industrial Excellence: a Key Pillar for 2026 Success thumbnail

Industrial Excellence: a Key Pillar for 2026 Success

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Verifying the development of AI in the region, a report launched by PwC earlier this month said that the use of AI amongst the workforce in the Middle East continues to rise, with 75 percent of workers in the area utilizing it in their jobs 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 prepared to deploy AI responsibly, well above the 76 percent international benchmark, supported by the Kingdom's data governance environment, consisting of nationwide initiatives led by the Saudi Data and Expert System Authority.

Policymakers are thinking holistically about how to make the area attractive, including having more practical laws to permit experimentation and growth," stated the report.

Browsing the Crossway of Law and Commerce in Oman

Leading magnate, policymakers and investors from the GCC and Latin America recently explored how countries from the two areas can grow trade in between each other in Dubai, UAE.More than 500 local and global policymakers, heads of state, CEOs, magnate, financiers, and market professionals attended the first Global Organization Forum Latin America held at the Atlantis Palm - Dubai.

Essential Steps for Operational Excellence in Dubai

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 area were $5.6 billion, a declaration from organisers said. Both regions rely on each other for necessary products.

In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 per cent of the region's total sugar imports, it added. Brazil is by far the biggest trading partner for nations in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for automobiles and Chile for wood items, stated a statement.

The forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how businesses can gain from the changing patterns of worldwide need and what function Dubai can play in helping with the next step in business relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however worldwide too, by acting as a details and research centre, by offering business paperwork, providing legal services, assisting in networking opportunities via signature business occasions and providing practically every conceivable service solution, it specified.

GCC development will strengthen in 2026, led by faster growth in hydrocarbons; non-oil development will stay strong but sluggish somewhat. Non-oil activity will be supported by population development, new markets, and public investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector growth will speed up, offsetting in part lower oil prices; fiscal balances will be combined, with surpluses in UAE and Qatar, but deficits persist elsewhere.

Predicting the 2026 Middle East Business Landscape

SHARJAH (WAM) The GCC and broader Middle East area is poised for the next wave of financial investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies drawing in funds and talent, said service leaders 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 concurred that the emerging local investment landscape appears appealing.

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Responding to a concern on local start-ups' prospects of gaining from current investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC said: "We have a lot opting for us in the region: the low cost of energy, a really progressive government that is ahead in policy, policy and data personal privacy; and actually strong instructional institutions that are progressively looking at AI and turning out technical skill in AI."She included: "Our ultimate goal is to see this area, specifically the GCC, end up being an AI superpower.

Our biggest motorist today is buying talent, since in the AI race, it's the technical talent that actually 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 three biggest banks of Greece as LPs [Limited Partners] for investment in the region.

"International development funds are being available in, which reveals clear indications of maturity of the ecosystem The ability of the UAE and local governments to bring in skill; their innovation-first approach, abundance of capital here as well as inflow globally are the essential foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the variety of handle the greatest worths, with 250 "largest ticket size" offers recorded in 2025 in the country.