logo
UAE among top emerging economies in AI readiness: report

UAE among top emerging economies in AI readiness: report

Gulf Business23-04-2025

Image: Getty Images/ For illustrative purposes
The UAE ranks among the top emerging global economies in artificial intelligence (AI) readiness, according to a new report from Boston Consulting Group (BCG), presented during the Dubai AI Assembly at Dubai AI Week.
The study, titled
GCC AI Pulse: Mapping the Region's Readiness for an AI-Driven Future
, is based on BCG's 2024 AI Maturity Matrix, which categorises countries into four archetypes: AI Emergents, Practitioners, Contenders, and Pioneers.
The UAE has been placed in the 'AI Contender' category, alongside 31 other economies, including Saudi Arabia.
Other Gulf nations — Qatar, Kuwait, Oman and Bahrain — are classified as AI Practitioners.
While no GCC country has yet reached the 'AI Pioneer' category, which includes the US, UK and China, the report highlights the region's potential for advancement.
'The UAE is poised to be a regional leader among global AI Pioneers by capitalising on its established digital infrastructure and formulating strategic initiatives that support AI integration into its economic visions,' said Dr Akram Awad, MD and partner at BCG.
Strategic vision, infrastructure drive UAE's AI push
The UAE has emerged as a first mover in AI governance, having launched a National AI Strategy in 2017 and appointing the world's first Minister of AI.
According to
The UAE currently hosts 35 data centres and has the highest public cloud expenditure per employee in the GCC at $228.
It also boasts nearly 7,000 AI specialists and around 700 AI-related academic publications.
However, BCG says expanding the domestic talent pool and fostering globally recognised innovation remains critical to achieving AI Pioneer status.
Investment momentum and global ambitions
The report also points to elevated private-sector investment in the UAE, which already exceeds the average within its AI Contender peer group. It highlights the $100bn MGX fund as a reflection of the country's global AI ambitions.
'Advancing private sector engagement and investment, improving R&D outcomes to global innovation levels, and expanding the homegrown AI talent pool will further solidify the UAE's position as a global AI leader,' said Rami Mourtada, partner and director at BCG.
GCC region accelerates toward AI maturity
Saudi Arabia, another AI Contender, has made strides through regulatory leadership and the work of the Saudi Data and AI Authority (SDAIA), with a target to become one of the top 15 AI nations by 2030.
Qatar, Oman, Bahrain and Kuwait are also progressing through national strategies, modern infrastructure investments and upskilling initiatives.
'The UAE stands out as a beacon of advanced leadership and execution in AI—but what makes this moment remarkable is the broader wave of transformation across the GCC,' said Dr Lars Littig, MD and partner at BCG.
Pathways to progress
BCG's ASPIRE framework, central to the report, offers a strategic blueprint for governments to build and scale AI capabilities.
It stresses the need for realigning governance structures with evolving ethics frameworks, expanding research and academia-industry collaboration, and ensuring global competitiveness through international talent acquisition and policy alignment.
Read:

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Flying taxis in Oman: LYNEports and AeroVecto team up to plan eVTOL ports and routes
Flying taxis in Oman: LYNEports and AeroVecto team up to plan eVTOL ports and routes

Arabian Business

time2 hours ago

  • Arabian Business

Flying taxis in Oman: LYNEports and AeroVecto team up to plan eVTOL ports and routes

LYNEports and AeroVecto have signed deal to plan hybrid electric VTOL aircraft in Oman. AeroVecto's flagship aircraft, Shuttle, is designed to redefine public transportation in Oman and the wider GCC region. Prioritising passenger capacity and comfort, Shuttle is poised to transform how people move within and between cities, ushering in a new era of clean, efficient, and scalable urban air mobility. eVTOL in Oman Through this partnership, LYNEports will support the planning and simulation of AeroVecto's Shuttle network, ensuring that every site is designed with aviation-grade safety, operational feasibility, and regulatory compliance in mind. Leveraging LYNEports' AI-powered platform, AeroVecto will be able to assess optimal locations, simulate flight paths, and visualise integrated transport networks to accelerate AAM adoption across Oman. Rasha Alshami, CEO of LYNEports, said: 'We're excited to support AeroVecto in bringing their innovative vision to life. Their commitment to solving real public transport challenges in the region aligns perfectly with our mission to make AAM infrastructure accessible, safe, and well-planned from day one.' Fahad Al Riyami, CEO of AeroVecto, said: 'At AeroVecto, our vision is to make high-capacity aerial commuting a practical reality for cities across the region. 'We are excited to partner with LYNEports to advance vertiport planning and route optimisation of the Shuttle network, enabling efficient urban air transport for the masses.'

Opec+ move to raise output a key pivot for oil markets
Opec+ move to raise output a key pivot for oil markets

Khaleej Times

time4 hours ago

  • Khaleej Times

Opec+ move to raise output a key pivot for oil markets

The increase in oil production by the Organisation of Petroleum Exporting Countries (Opec) and its allies including Russia, collectively known an Opec+, comes at a pivotal moment for global oil markets, analysts say. Saudi Arabia, Russia and six other key members of the Organisation of Petroleum Exporting Countries (Opec) announced on Saturday a huge increase in crude production for July. They will produce an additional 411,000 barrels a day — the same target set for May and then June — according to a statement, which is more than three times greater than the group had previously planned. The move signals a shift in strategy that could reshape the global energy landscape for years to come. While the immediate market reaction was a sharp drop in oil prices, the long-term consequences are far more nuanced. By boosting supply in a market already grappling with sluggish demand, the move is likely to keep oil prices lower for an extended period. This could strain the budgets of oil-dependent economies, where fiscal breakeven prices remain well above current market levels. At the same time, this decision may reflect a deeper strategic pivot: a bid to defend market share against rising non-Opec producers and resilient US shale. For example, while countries in the GCC can produce oil at around $3 to $10 per barrel, the production cost for US shale can be as high as $40-55 per barrel. The IEA notes that US shale output is under pressure due to recent oil price declines, prompting some producers to reduce rig counts and cut back on production plans. A range-bound crude oil market saw prices recover all of last week's losses, surging higher despite a group of eight Opec+ producers announcing a third consecutive production hike of 0.41 million barrels per day. 'This move was made primarily to regain market share from high-cost producers and to penalise persistent cheaters. Instead, the focus has now shifted back to geopolitically related supply concerns, particularly involving Russia, Iran, and Libya, the latter, after its eastern government said it could take precautionary measures, including a force majeure on oil fields,' Ole Hansen, Head of Commodity Strategy, Saxo Bank, said in a note. Amid shifting geopolitical landscapes and complex global economic conditions, oil continues to be one of the most closely watched and volatile commodities. George Khoury, Global Head of Research and Education at CFI, said: 'When it comes to oil prices, several key factors must be closely monitored. These include decisions made by OPEC, developments in global geopolitics, and shifts in economic cycles — whether recovery, slowdown, or the risk of recession. Each of these elements directly influences the trajectory of oil and energy prices. Geopolitical developments, in particular, can have a pronounced impact.' Earlier this week, oil prices rose despite an increase in supply, following a notable escalation in tensions between Russia and Ukraine. The event was among the more significant confrontations seen recently, raising concerns about potential further instability in the region. Although peace talks have been ongoing for months, they appear to have produced limited progress thus far. The implications of persistently low oil prices must be viewed from two perspectives. From the standpoint of oil-producing countries and companies, lower prices directly impact revenues. 'Each nation has a breakeven range for oil production — countries like Saudi Arabia typically operate within a range of $15 to $25 per barrel, although this varies, for example with their Vision 2030 the breakeven might be even higher more towards a range between $80–$85 per barrel. A sustained drop below these thresholds could significantly affect both national and corporate income,' Khoury said. The market may be in the early stages of a new commodity supercycle. The current backdrop — marked by political, geopolitical, and financial uncertainty — does not favour energy market stability. If global markets begin to contract or move toward recession, energy demand may weaken. In such scenarios, companies often draw on existing inventories rather than placing new orders, which can lead to downward pressure on prices. While oil has recently seen upward movement, it remains unclear whether this trend is sustainable. Given the level of uncertainty, a more cautious or even bearish energy outlook could emerge in the near term, Khoury said.

LYNEports and AeroVecto announce strategic partnership to advance urban air mobility infrastructure in Oman
LYNEports and AeroVecto announce strategic partnership to advance urban air mobility infrastructure in Oman

Zawya

time5 hours ago

  • Zawya

LYNEports and AeroVecto announce strategic partnership to advance urban air mobility infrastructure in Oman

Muscat, Oman — LYNEports, the leading digital planning platform for vertiport and air mobility infrastructure, is proud to announce its strategic partnership with AeroVecto, a pioneering hybrid electric VTOL (Vertical Take-Off and Landing) aircraft company based in Oman. AeroVecto's flagship aircraft, Shuttle, is designed to redefine public transportation in Oman and the wider GCC region. Prioritizing passenger capacity and comfort, Shuttle is poised to transform how people move within and between cities, ushering in a new era of clean, efficient, and scalable urban air mobility. Through this partnership, LYNEports will support the planning and simulation of AeroVecto's Shuttle network, ensuring that every site is designed with aviation-grade safety, operational feasibility, and regulatory compliance in mind. Leveraging LYNEports' AI-powered platform, AeroVecto will be able to assess optimal locations, simulate flight paths, and visualize integrated transport networks to accelerate AAM adoption across Oman. 'We're excited to support AeroVecto in bringing their innovative vision to life,' said Rasha Alshami, CEO of LYNEports. 'Their commitment to solving real public transport challenges in the region aligns perfectly with our mission to make AAM infrastructure accessible, safe, and well-planned from day one.' 'At AeroVecto, our vision is to make high-capacity aerial commuting a practical reality for cities across the region,' added Fahad Al Riyami, CEO of AeroVecto. 'We are excited to partner with LYNEports to advance vertiport planning and route optimization of the Shuttle network, enabling efficient urban air transport for the masses.' This partnership marks a significant step in bridging technology and real-world mobility, positioning Oman as a regional leader in next-generation public transportation and AAM innovation. About LYNEports LYNEports is a digital infrastructure planning platform for advanced air mobility. Designed for planners, architects, regulators, and OEMs, LYNEports offers AI-powered vertiport design, regulatory simulation, and geospatial analysis, all in one easy-to-use interface. Media Contact LYNEports: Lorenzo Bennassar, CBO press@ About AeroVecto AeroVecto is an Omani eVTOL company developing Shuttle, a hybrid-electric aircraft built to redefine urban public transport. Focused on high-capacity, sustainable air travel, AeroVecto aims to connect cities with comfort, safety, and accessibility in mind. Media Contact AeroVecto: press@ Press Release Media (Image + Video)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store