Artificial Intelligence Achieves AED 19.451 Billion Annual Growth for the UAE Economy

  • Abu Dhabi, United Arab Emirates
  • 14 July 2023
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Generative artificial intelligence technology has attracted attention and succeeded in attracting investments directed to this technology, because of its promising potential that will contribute to changing the world. In a report issued by "Strategy & Middle East", the UAE expected the UAE to come at the forefront of countries that will acquire the largest share of the contribution of this technology to achieve economic growth. As the UAE is expected to achieve growth of $ 5.3 billion annually, and Qatar, Kuwait, Oman, and Bahrain will have a share of these economic gains, as the economic growth that Qatar is likely to achieve is estimated at $ 2.6 billion, Kuwait at $ 1.6 billion, and Oman at a value of $1.3 billion, Bahrain $0.6 billion.

Source (Alkhaleej Emirati Newspaper, Edited)

 

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