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Key Steps for Operational Excellence in Dubai

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Verifying the development of AI in the region, a report released by PwC previously this month said that the use of AI amongst 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 progress in the innovation sector and stated that 84 percent of CEOs in the country are ready to release AI responsibly, well above the 76 percent worldwide standard, supported by the Kingdom's data governance environment, consisting of national initiatives led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are thinking holistically about how to make the region appealing, consisting of having more practical laws to permit experimentation and development," said the report.

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Top magnate, policymakers and investors from the GCC and Latin America recently checked out how nations from the 2 regions can grow trade between each other in Dubai, UAE.More than 500 regional and global policymakers, heads of state, CEOs, magnate, financiers, and industry experts went to the very first Global Business 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 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 important items.

In 2015 Latin America provided nearly half the meat imports into the GCC and 36 percent of the area's overall sugar imports, it added. Brazil is by far the largest trading partner for nations in the area, followed by Argentina and Mexico. Among the Latin American states, the GCC relies on Brazil for meat (mainly poultry), Argentina for cereals, Mexico for cars and Chile for wood products, said a declaration.

The forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how organizations can benefit from the changing patterns of worldwide demand and what function Dubai can play in helping with the next step in organization relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC but globally too, by serving as a details and research centre, by supplying company documents, offering legal services, facilitating networking opportunities through signature service occasions and providing nearly every conceivable service option, it stated.

GCC growth will enhance in 2026, led by faster growth in hydrocarbons; non-oil development will remain strong however slow somewhat. Non-oil activity will be supported by population growth, brand-new markets, and public financial investment; inflation will remain soft, while monetary policy will loosen. Hydrocarbons sector development will accelerate, balancing out in part lower oil costs; fiscal balances will be mixed, with surpluses in UAE and Qatar, however deficits continue in other places.

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SHARJAH (WAM) The GCC and wider 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 magnate at the 9th edition of Sharjah Entrepreneurial Festival (SEF 2026). During a panel conversation on the very first day of SEF 2026 taking a look at "What Does the Next Year of Venture Capital Appear Like", speakers agreed that the emerging regional investment landscape appears appealing.

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Reacting to a concern on local start-ups' prospects of benefiting from recent financial investments in digital facilities, Tala Al Jabri, Founder and Handling Partner of Wyld VC stated: "We have a lot going for us in the area: the low expense of energy, an extremely progressive federal government that is ahead in policy, guideline and information privacy; and truly strong universities that are significantly taking a look at AI and turning out technical talent in AI."She included: "Our supreme goal is to see this region, specifically the GCC, end up being an AI superpower.

Our biggest chauffeur right now is investing in skill, due to the fact that in the AI race, it's the technical skill that truly wins.

"International development funds are being available in, which shows clear signs of maturity of the ecosystem The ability of the UAE and local federal governments to bring in talent; their innovation-first method, abundance of capital here as well as inflow internationally are the crucial foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital said that within the region, Saudi Arabia is leading the variety of handle the greatest values, with 250 "largest ticket size" deals recorded in 2025 in the nation.

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