Will Market Analytics Drive Dubai Industrial Growth? thumbnail

Will Market Analytics Drive Dubai Industrial Growth?

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Affirming the growth of AI in the region, a report released by PwC earlier this month stated that the usage of AI among the workforce in the Middle East continues to rise, with 75 percent of employees in the area using it in their jobs over the past 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 nation are prepared to release AI responsibly, well above the 76 percent global standard, supported by the Kingdom's information governance ecosystem, consisting of nationwide efforts led by the Saudi Data and Artificial Intelligence Authority.

Policymakers are thinking holistically about how to make the area appealing, consisting of having more practical laws to enable experimentation and growth," stated the report.

Leading magnate, policymakers and financiers from the GCC and Latin America recently checked out how countries from the two areas can grow trade between each other in Dubai, UAE.More than 500 local and worldwide policymakers, heads of state, CEOs, magnate, financiers, and industry professionals participated in the first Global Organization 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 declaration from organisers stated. Both regions count on each other for essential items.

In 2015 Latin America provided almost half the meat imports into the GCC and 36 percent of the region's total sugar imports, it added. Brazil is without a doubt the largest trading partner for nations in the area, followed by Argentina and Mexico. Amongst the Latin American states, the GCC relies on Brazil for meat (primarily poultry), Argentina for cereals, Mexico for vehicles and Chile for wood items, stated a declaration.

The online forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", explores how services can gain from the changing patterns of international demand and what role Dubai can play in assisting in the next step in service relations. Dubai Chamber takes a pioneering position not only in the UAE and in the GCC however internationally too, by acting as an information and research centre, by supplying business documents, providing legal services, facilitating networking opportunities through signature business occasions and providing almost every possible company solution, it specified.

GCC growth will strengthen in 2026, led by faster expansion in hydrocarbons; non-oil development will remain solid however sluggish a little. Non-oil activity will be supported by population development, brand-new industries, and public financial investment; inflation will remain soft, while monetary policy will loosen. Hydrocarbons sector development will accelerate, offsetting in part lower oil prices; financial balances will be blended, with surpluses in UAE and Qatar, however deficits continue somewhere else.

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SHARJAH (WAM) The GCC and broader 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 drawing in funds and talent, stated organization leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel discussion on the first day of SEF 2026 examining "What Does the Next Year of Equity Capital Appear Like", speakers concurred that the emerging regional financial investment landscape appears promising.

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Responding to a question on regional startups' prospects of gaining from current investments in digital infrastructure, Tala Al Jabri, Creator and Handling Partner of Wyld VC said: "We have so much choosing us in the area: the low expense of energy, an extremely progressive federal government that is ahead in policy, regulation and data privacy; and really strong instructional organizations that are progressively looking at AI and ending up technical talent in AI."She added: "Our ultimate goal is to see this area, specifically the GCC, end up being an AI superpower.

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

"International growth funds are coming in, which reveals clear signs of maturity of the environment The capability of the UAE and local governments to attract skill; their innovation-first technique, abundance of capital here along with inflow internationally are the essential structure blocks."Paula Tavangar, Chief Investment Officer at Injaz Capital said that within the area, Saudi Arabia is leading the number of deals with the highest worths, with 250 "biggest ticket size" deals taped in 2025 in the nation.

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