Artificial intelligence will provide the UAE economy with 352 billion dirhams by 2030

The UAE is moving forward in achieving the “Artificial Intelligence Strategy”, the first of its kind regionally and globally, to rely on modern technologies in developing government services and data analysis by 100% in 2031, while artificial intelligence is expected to provide the country’s gross product by 352 billion dirhams in 2030, according to the Interregional Center for Strategic Analyses in Abu Dhabi.

The Center confirmed that the UAE has a specific road map to achieve comprehensive qualitative achievements in various sectors, and among these visions is the use of artificial intelligence to enhance the country’s prosperity as part of its journey to achieve the goals of the “UAE Centennial 2071.”

Moreover, it added that the UAE’s strategy for artificial intelligence has placed the country at the forefront of the world in terms of digital infrastructure. At the same time, the Office of Artificial Intelligence, Digital Economy and Remote Work Applications plays an important role in this field, ensuring a prosperous and competitive digital economy for the country, achieving the maximum benefit from technology, promoting economic growth and improving the quality of life.

The Center explained that the UAE’s continued regional leadership and global leadership in investing and adopting artificial intelligence applications comes in the context of expectations that the volume of spending on information and communications technology in the region will reach $238 billion in 2024, with a growth of 4.5% compared to 2023, and that the volume of spending on artificial intelligence in the region will exceed $3 billion, a growth of 32% over 2023, according to the International Data Corporation (IDC).

In the same context, the global research company Gartner expected that the total spending of the region and North Africa on information technology will reach about $183.8 billion in 2024, as business and information technology leaders seek to employ generative artificial intelligence to bring about major developments for the benefit of the economy and life.

The “Interregional” analysis stressed that over recent decades, the rapid progress in artificial intelligence has contributed to the growth of production capacity in many countries of the world, and the push towards new patterns of production that were not known before, while new trends have emerged indicating positive expectations about the ability of technology to improve efficiency in various sectors and industries.

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