Essential Steps for Operational Excellence in the GCC thumbnail

Essential Steps for Operational Excellence in the GCC

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Verifying the growth of AI in the region, a report released by PwC earlier this month said that the usage of AI among the labor force 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 development in the technology sector and stated that 84 percent of CEOs in the country are all set to deploy AI responsibly, well above the 76 percent worldwide standard, supported by the Kingdom's information governance ecosystem, consisting of national efforts led by the Saudi Data and Expert System Authority.

Policymakers are believing holistically about how to make the region attractive, consisting of having more pragmatic laws to allow for experimentation and development," stated the report.

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Leading magnate, policymakers and investors from the GCC and Latin America recently explored how countries from the two regions can grow trade between each other in Dubai, UAE.More than 500 local and worldwide policymakers, heads of state, CEOs, company leaders, financiers, and industry specialists went to the very first Global Company 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 depend on each other for vital items.

In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 percent of the region's total sugar imports, it included. Brazil is without a doubt the largest trading partner for nations in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC counts on Brazil for meat (generally poultry), Argentina for cereals, Mexico for cars and Chile for wood products, stated a statement.

The forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how businesses can gain from the altering patterns of global need and what role Dubai can play in helping with the next step in company relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however internationally too, by acting as an info and research study centre, by providing organization documentation, using legal services, helping with networking chances by means of signature business events and delivering almost every possible business service, it specified.

GCC growth will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil growth will remain solid but slow slightly. Non-oil activity will be supported by population development, brand-new markets, and public investment; inflation will stay soft, while financial policy will loosen up. Hydrocarbons sector growth will accelerate, offsetting in part lower oil rates; financial balances will be combined, with surpluses in UAE and Qatar, however deficits persist elsewhere.

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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 talent, stated magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel discussion on the very first day of SEF 2026 taking a look at "What Does the Next Year of Equity Capital Appear Like", speakers agreed that the emerging local financial investment landscape appears appealing.

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ANSR July GCC PRs 50DR+ANSR July GCC PRs 50DR+


Reacting to a question on local start-ups' prospects of gaining from recent investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC stated: "We have so much going for us in the region: the low cost of energy, a very progressive government that is ahead in policy, policy and information privacy; and truly strong educational institutions that are increasingly taking a look at AI and ending up technical talent in AI."She added: "Our ultimate objective is to see this area, particularly the GCC, end up being an AI superpower.

Our biggest driver right now is investing in talent, because in the AI race, it's the technical talent that truly wins.

"International growth funds are coming in, which shows clear signs of maturity of the environment The capability of the UAE and regional governments to bring in talent; their innovation-first method, abundance of capital here along with inflow globally are the key foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of handle the highest values, with 250 "largest ticket size" offers taped in 2025 in the nation.