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 launched by PwC earlier this month said that the use of AI amongst the labor force in the Middle East continues to rise, with 75 percent of employees in the area utilizing it in their tasks over the previous 12 months.

In November, a report released by KPMG highlighted Saudi Arabia's progress in the technology sector and said that 84 percent of CEOs in the country are prepared to deploy AI responsibly, well above the 76 percent international benchmark, supported by the Kingdom's data governance environment, consisting of nationwide initiatives led by the Saudi Data and Expert System Authority.

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

The Benefits of Industrial Growth in the GCC

Top magnate, policymakers and financiers from the GCC and Latin America just recently explored how nations from the 2 areas can grow trade between each other in Dubai, UAE.More than 500 local and international policymakers, presidents, CEOs, service leaders, investors, and market professionals participated in the very first Global Company Forum Latin America held at the Atlantis Palm - Dubai.

Evaluating Legacy Models and Future Economic Frameworks

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 region were $5.6 billion, a declaration from organisers stated. Both areas rely on each other for necessary products.

In 2015 Latin America supplied nearly half the meat imports into the GCC and 36 per cent of the region's overall sugar imports, it included. Brazil is by far 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 (mainly poultry), Argentina for cereals, Mexico for lorries and Chile for wood products, said a declaration.

The forum was organised by the Dubai Chamber of Commerce under the theme "Moving Synergies", checks out how businesses can benefit from the changing patterns of worldwide demand and what function Dubai can play in helping with the next action in organization relations. Dubai Chamber takes a pioneering position not just in the UAE and in the GCC however worldwide too, by acting as an information and research centre, by supplying business documentation, providing legal services, assisting in networking chances by means of signature organization events and providing practically every possible business solution, it stated.

GCC development will enhance in 2026, led by faster expansion in hydrocarbons; non-oil development will stay strong but slow a little. Non-oil activity will be supported by population development, new industries, and public investment; inflation will remain soft, while monetary policy will loosen up. Hydrocarbons sector development will speed up, offsetting in part lower oil costs; financial balances will be combined, with surpluses in UAE and Qatar, but deficits continue in other places.

Comparing Legacy Models and Future Business Frameworks

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 drawing in funds and skill, stated service leaders at the 9th edition of Sharjah Entrepreneurial Celebration (SEF 2026). Throughout a panel conversation on the first day of SEF 2026 analyzing "What Does the Next Year of Endeavor Capital Look Like", speakers agreed that the emerging regional investment landscape appears appealing.

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Reacting to a question on regional start-ups' prospects of gaining from recent investments in digital facilities, Tala Al Jabri, Creator and Managing Partner of Wyld VC stated: "We have a lot choosing us in the area: the low expense of energy, an extremely progressive federal government that is ahead in policy, policy and information privacy; and truly strong universities that are progressively taking a look at AI and ending up technical talent in AI."She included: "Our supreme objective is to see this area, particularly the GCC, end up being an AI superpower.

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

"International development funds are can be found in, which shows clear signs of maturity of the environment The ability of the UAE and local governments to attract skill; their innovation-first method, abundance of capital here as well as inflow worldwide are the key foundation."Paula Tavangar, Chief Financial Investment Officer at Injaz Capital stated that within the region, Saudi Arabia is leading the number of offers with the greatest worths, with 250 "largest ticket size" deals tape-recorded in 2025 in the nation.