Key Steps for Operational Excellence in the GCC

Verifying the growth of AI in the area, a report launched by PwC earlier this month said that the usage of AI among the workforce in the Middle East continues to rise, with 75 percent of workers in the region utilizing it in their jobs over the previous 12 months.

In November, a report launched by KPMG highlighted Saudi Arabia's development in the innovation sector and stated that 84 percent of CEOs in the country are ready to release AI properly, well above the 76 percent worldwide criteria, supported by the Kingdom's information governance community, consisting of nationwide efforts led by the Saudi Data and Expert System Authority.

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

Top service leaders, policymakers and financiers from the GCC and Latin America just recently checked out how nations from the 2 regions can grow trade in between each other in Dubai, UAE.More than 500 local and global policymakers, heads of state, CEOs, organization leaders, financiers, and market experts participated in the first Global Company 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 goods from Latin America. And exports to Latin America from the region were $5.6 billion, a statement from organisers stated. Both areas depend on each other for vital products.

In 2015 Latin America supplied almost half the meat imports into the GCC and 36 per cent of the area's total sugar imports, it included. Brazil is without a doubt the biggest trading partner for countries in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC counts on Brazil for meat (generally poultry), Argentina for cereals, Mexico for automobiles and Chile for wood products, stated a statement.

The online forum was arranged by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how services can gain from the altering patterns of international need and what role Dubai can play in helping with the next action in service relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but worldwide too, by functioning as an information and research centre, by providing company paperwork, offering legal services, facilitating networking opportunities through signature service occasions and providing nearly every imaginable business solution, it mentioned.

GCC development will reinforce in 2026, led by faster growth in hydrocarbons; non-oil growth will stay solid however sluggish a little. Non-oil activity will be supported by population growth, new markets, and public investment; inflation will stay soft, while monetary policy will loosen. Hydrocarbons sector development will accelerate, offsetting in part lower oil costs; fiscal balances will be blended, with surpluses in UAE and Qatar, however deficits continue 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 talent, stated magnate at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel discussion on the 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 promising.

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Reacting to a question on regional startups' prospects of gaining from current financial investments in digital facilities, Tala Al Jabri, Founder and Managing Partner of Wyld VC stated: "We have a lot choosing us in the area: the low cost of energy, an extremely progressive government that is ahead in policy, guideline and data privacy; and really strong educational organizations that are progressively looking at AI and ending up technical skill in AI."She added: "Our ultimate objective is to see this area, particularly the GCC, become an AI superpower.

Our biggest chauffeur right now is investing in talent, since in the AI race, it's the technical skill that really wins.

"International growth funds are coming in, which shows clear indications of maturity of the ecosystem The ability of the UAE and regional governments to draw in skill; their innovation-first method, abundance of capital here along with inflow worldwide are the crucial building blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the area, Saudi Arabia is leading the variety of deals with the greatest values, with 250 "largest ticket size" offers taped in 2025 in the nation.