Can Strategic Analytics Drive Middle East Industrial Success?

Affirming the growth of AI in the area, a report launched by PwC previously this month said that the use of AI amongst the labor force in the Middle East continues to increase, with 75 percent of staff members in the region using it in their jobs over the past 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's progress in the technology sector and stated that 84 percent of CEOs in the nation are ready to deploy AI properly, well above the 76 percent global benchmark, supported by the Kingdom's data governance environment, consisting of national efforts led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are believing holistically about how to make the region attractive, including having more pragmatic laws to enable experimentation and development," stated the report.

Leading magnate, policymakers and investors from the GCC and Latin America recently explored how nations from the two areas can grow trade in between each other in Dubai, UAE.More than 500 local and worldwide policymakers, presidents, CEOs, magnate, financiers, and industry professionals went to the first Global Service Online forum Latin America held at the Atlantis Palm - Dubai.

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In 2015 the GCC comprised 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 region were $5.6 billion, a statement from organisers said. Both regions count on each other for vital items.

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 included. Brazil is by far the largest trading partner for countries in the region, followed by Argentina and Mexico. Among the Latin American states, the GCC depends on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for lorries and Chile for wood items, stated a declaration.

The forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how businesses can take advantage of the changing patterns of global demand and what role Dubai can play in helping with the next step in service relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however worldwide too, by serving as an info and research study centre, by providing service paperwork, using legal services, facilitating networking chances through signature business events and delivering almost every conceivable service option, it specified.

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

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SHARJAH (WAM) The GCC and larger Middle East region is poised for the next wave of investments in AI and tech-led sectors, with business-friendly and innovation-focused federal government policies drawing in funds and skill, said company leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel discussion on the very first day of SEF 2026 taking a look at "What Does the Next Year of Equity Capital Look Like", speakers concurred that the emerging local financial investment landscape appears appealing.

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Reacting to a question on regional start-ups' potential customers of benefiting from recent financial investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC said: "We have a lot opting for us in the area: the low expense of energy, an extremely progressive government that is ahead in policy, regulation and data personal privacy; and really strong universities that are increasingly looking at AI and turning out technical skill in AI."She added: "Our supreme objective is to see this area, specifically the GCC, become an AI superpower.

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"International development funds are coming in, which shows clear signs of maturity of the environment The ability of the UAE and regional governments to attract skill; their innovation-first approach, abundance of capital here along with inflow worldwide are the crucial foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the number of handle the highest values, with 250 "largest ticket size" offers recorded in 2025 in the country.