Industrial Excellence: a Key Driver for 2026 Growth

Verifying the development of AI in the region, a report released by PwC previously 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 tasks over the past 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's development in the technology sector and said that 84 percent of CEOs in the country are ready to release AI responsibly, well above the 76 percent international criteria, supported by the Kingdom's data governance environment, including nationwide efforts led by the Saudi Data and Expert System Authority.

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

Leading organization leaders, policymakers and investors from the GCC and Latin America just recently checked out how countries from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 regional and global policymakers, heads of state, CEOs, company leaders, financiers, and industry professionals attended the first Global Business 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 items from Latin America. And exports to Latin America from the area were $5.6 billion, a statement from organisers said. Both areas rely on each other for essential items.

In 2015 Latin America provided almost half the meat imports into the GCC and 36 percent of the area's total sugar imports, it included. Brazil is without a doubt the largest trading partner for countries in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC depends on Brazil for meat (generally poultry), Argentina for cereals, Mexico for vehicles and Chile for wood products, said a statement.

The forum was organised by the Dubai Chamber of Commerce under the theme "Shifting Synergies", checks out how organizations can gain from the changing patterns of global need and what function Dubai can play in assisting in the next step in organization relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC but internationally too, by acting as an info and research centre, by supplying service paperwork, using legal services, facilitating networking opportunities via signature organization events and providing almost every conceivable business service, it stated.

GCC development will strengthen in 2026, led by faster growth in hydrocarbons; non-oil development will stay strong but sluggish slightly. Non-oil activity will be supported by population development, new markets, and public investment; inflation will remain soft, while financial policy will loosen up. Hydrocarbons sector development will speed up, offsetting in part lower oil costs; financial balances will be mixed, with surpluses in UAE and Qatar, but deficits continue in other places.

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SHARJAH (WAM) The GCC and broader 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 skill, stated business 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 Venture Capital Appear Like", speakers agreed that the emerging regional investment landscape appears promising.

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Reacting to a question on local start-ups' potential customers of benefiting from recent investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC said: "We have so much choosing us in the area: the low expense of energy, an extremely progressive government that is ahead in policy, regulation and information privacy; and truly strong universities that are progressively looking at AI and turning out technical talent in AI."She added: "Our supreme goal is to see this area, particularly the GCC, become an AI superpower.

Our biggest driver today is purchasing skill, since in the AI race, it's the technical skill that really wins."Focusing on the beauty of the region for investors, Christos Mastoras, Creator and Managing Partner of Iliad Partners, said: "I think we are very fortunate to onboard the three biggest banks of Greece as LPs [Limited Partners] for investment in the area.

"International growth funds are coming in, which shows clear indications of maturity of the environment The capability of the UAE and regional governments to bring in talent; their innovation-first approach, abundance of capital here along with inflow internationally are the key building blocks."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the variety of handle the greatest worths, with 250 "biggest ticket size" offers tape-recorded in 2025 in the country.