Latest news with #TheArtificialIntelligenceandAdvancedTechnologyCouncil
Trade Arabia
25-02-2025
- Business
- Trade Arabia
UAE's AI market set to hit $46bn by 2030, says report
The UAE's Artificial Intelligence market is set to grow from $3.47 billion last year to a staggering $46.3 billion by 2030, with the sector forecasted to contribute 14% to the country's GDP by 2030, equating to approximately $100 billion, said an expert. The UAE Strategy for Artificial Intelligence, government-led initiatives like The Artificial Intelligence and Advanced Technology Council (AIATC), strategic frameworks such as The National Program for Artificial Intelligence, and private sector investments spearheaded by the likes of the country's G423 and MGX4, are making AI one of the most appealing investment spaces in the UAE's economy. According to Bas Kooijman, CEO and Asset Manager of DHF Capital, many of the high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals are looking to technology-driven investments to grow their wealth. This is a welcome sign amidst the country's AI outlook, especially after the UAE welcomed 6,700 millionaire migrants into its borders in 2024. An additional projected inflow of 8,200 millionaires is expected in the UAE in 2025, more than any other country in the world. Moreover, 72% of asset and wealth managers are expecting AI and tech to reshape investment strategies7, reinforcing the notion that the landscape is shifting fast with HNW and UHNW investors boasting investment power to spearhead this trajectory, he stated. The integration of AI in finance accordingly requires investors to rethink their investment strategies. Bas said: "With current inflation rates, geopolitical turmoil, and several other factors at play, diversification is no longer optional; it is a must to enable financial freedom in today's world. The days of relying solely on traditional markets are fading fast – if not already in the rearview – and investors who are not tapping into AI-driven opportunities risk falling behind." "Tech-based Algorithmic trading, data-powered insights, and risk-managed asset allocation are reshaping wealth-building strategies, giving investors the ability to secure a future-proof portfolio that balances innovation, security, and high-growth potential. Dubai's top 10 global AI ranking could elevate even further if the country's current $100 billion AI GDP forecast is realized in five years," he added. As one of the biggest tech-infrastructure projects in the world, one of the UAE's most recent endeavours is a $30-$50 billion investment in a 1-gigawatt AI data centre in partnership with France. This collaboration reinforces the country's elite global standing in this space and also a willingness to cross-collaborate towards innovation. As global AI leaders turn to Dubai for strategic collaboration, the region is attracting both massive capital and top-tier talent, making this a prime moment for investors to tap into the AI boom, said the expert. Complimenting this surge, the global wealth management software market, the key to AI-driven investing, is already valued at $5.51 billion and set for explosive growth, projected to expand at a 14% compound annual growth rate (CAGR) from 2025 through the decade's end. For investors looking beyond traditional markets, AI is the next big play in reshaping portfolio strategies, unlocking new revenue streams, and building future-proof investments, stated Kooijman, who is helping investors make sense of this massive shift, enabling HNWIs and UHNWIs to secure high-growth, long-term returns through strategic portfolio diversification.
Zawya
25-02-2025
- Business
- Zawya
UAE's AI market set to hit $46bln by 2030, says report
The UAE's Artificial Intelligence market is set to grow from $3.47 billion last year to a staggering $46.3 billion by 2030, with the sector forecasted to contribute 14% to the country's GDP by 2030, equating to approximately $100 billion, said an expert. The UAE Strategy for Artificial Intelligence, government-led initiatives like The Artificial Intelligence and Advanced Technology Council (AIATC), strategic frameworks such as The National Program for Artificial Intelligence, and private sector investments spearheaded by the likes of the country's G423 and MGX4, are making AI one of the most appealing investment spaces in the UAE's economy. According to Bas Kooijman, CEO and Asset Manager of DHF Capital, many of the high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals are looking to technology-driven investments to grow their wealth. This is a welcome sign amidst the country's AI outlook, especially after the UAE welcomed 6,700 millionaire migrants into its borders in 2024. An additional projected inflow of 8,200 millionaires is expected in the UAE in 2025, more than any other country in the world. Moreover, 72% of asset and wealth managers are expecting AI and tech to reshape investment strategies7, reinforcing the notion that the landscape is shifting fast with HNW and UHNW investors boasting investment power to spearhead this trajectory, he stated. The integration of AI in finance accordingly requires investors to rethink their investment strategies. Bas said: "With current inflation rates, geopolitical turmoil, and several other factors at play, diversification is no longer optional; it is a must to enable financial freedom in today's world. The days of relying solely on traditional markets are fading fast – if not already in the rearview – and investors who are not tapping into AI-driven opportunities risk falling behind." "Tech-based Algorithmic trading, data-powered insights, and risk-managed asset allocation are reshaping wealth-building strategies, giving investors the ability to secure a future-proof portfolio that balances innovation, security, and high-growth potential. Dubai's top 10 global AI ranking could elevate even further if the country's current $100 billion AI GDP forecast is realized in five years," he added. As one of the biggest tech-infrastructure projects in the world, one of the UAE's most recent endeavours is a $30-$50 billion investment in a 1-gigawatt AI data centre in partnership with France. This collaboration reinforces the country's elite global standing in this space and also a willingness to cross-collaborate towards innovation. As global AI leaders turn to Dubai for strategic collaboration, the region is attracting both massive capital and top-tier talent, making this a prime moment for investors to tap into the AI boom, said the expert. Complimenting this surge, the global wealth management software market, the key to AI-driven investing, is already valued at $5.51 billion and set for explosive growth, projected to expand at a 14% compound annual growth rate (CAGR) from 2025 through the decade's end. For investors looking beyond traditional markets, AI is the next big play in reshaping portfolio strategies, unlocking new revenue streams, and building future-proof investments, stated Kooijman, who is helping investors make sense of this massive shift, enabling HNWIs and UHNWIs to secure high-growth, long-term returns through strategic portfolio diversification. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Arabian Business
24-02-2025
- Business
- Arabian Business
UAE's $100bn AI target opens investment opportunities
The UAE's artificial intelligence (AI) market is set to grow from a value of $3.47bn last year to staggering $46.33bn by 2032, according to Bas Kooijman, CEO and Asset Manager of DHF Capital. The UAE Strategy for Artificial Intelligence, government-led initiatives like The Artificial Intelligence and Advanced Technology Council (AIATC), strategic frameworks such as The National Program for Artificial Intelligence, and private sector investments spearheaded by the likes of the country's G423 and MGX4, are making AI one of the most appealing investment spaces in the UAE's economy. AI is forecast to contribute 14 per cent to the UAE's Gross Domestic Product (GDP) by 2030, equating to approximately $100bn. AI investment in the UAE According to Kooijman, many high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals are looking to technology-driven investments to grow their wealth. This is a welcome sign amidst the country's AI outlook, especially after the UAE welcomed 6,700 millionaire migrants into its borders in 2024. An additional projected inflow of 8,200 millionaires is expected in the UAE in 2025, more than any other country in the world. Moreover, 72 per cent of asset and wealth managers are expecting AI and tech to reshape investment strategies, reinforcing the notion that the landscape is shifting fast with HNW and UHNW investors boasting investment power to spearhead this trajectory. The integration of AI in finance accordingly requires investors to rethink their investment strategies. Bas Kooijman said: 'With current inflation rates, geopolitical turmoil, and several other factors at play, diversification is no longer optional; it is a must to enable financial freedom in today's world. 'The days of relying solely on traditional markets are fading fast, if not already in the rearview, and investors who are not tapping into AI-driven opportunities risk falling behind. 'Tech-based algorithmic trading, data-powered insights, and risk-managed asset allocation are reshaping wealth-building strategies, giving investors the ability to secure a future-proof portfolio that balances innovation, security, and high-growth potential. 'Dubai's top 10 global AI ranking could elevate even further if the country's current $100bn AI GDP forecast is realised in five years.' As one of the biggest tech-infrastructure projects in the world, one of the UAE's most recent endeavours is a $30-$50bn investment in a 1-gigawatt AI data centre in partnership with France. This collaboration reinforces the country's elite global standing in this space and also a willingness to cross-collaborate towards innovation. As global AI leaders turn to Dubai for strategic collaboration, the region is attracting both massive capital and top-tier talent, making this a prime moment for investors to tap into the AI boom.
Zawya
24-02-2025
- Business
- Zawya
With UAE's $100bln AI GDP forecast, Dubai's top 10 global ranking boasts potential to elevate further
The UAE's AI market is set to grow from a value of $3.47 billion in 2024 to $46.33 billion by the decade's end A projected inflow of 8,200 millionaires is expected in the UAE in 2025 after 6,700 millionaires migrated to the country last year 72% of asset and wealth managers are expecting AI and tech to reshape investment strategies Dubai, UAE: With the UAE having cemented itself as a global powerhouse for artificial intelligence (AI), ranking among the top 10 cities worldwide1, the country's AI market is set to grow from a value of $3.47 billion last year to a staggering $46.33 billion by 20302. The UAE Strategy for Artificial Intelligence, government-led initiatives like The Artificial Intelligence and Advanced Technology Council (AIATC), strategic frameworks such as The National Program for Artificial Intelligence, and private sector investments spearheaded by the likes of the country's G423 and MGX4, are making AI one of the most appealing investment spaces in the UAE's economy. AI is forecasted to contribute 14% to the UAE's Gross Domestic Product (GDP) by 2030, equating to approximately $100 billion5. According to Bas Kooijman, CEO and Asset Manager of DHF Capital S.A., many of these high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals are looking to technology-driven investments to grow their wealth. This is a welcome sign amidst the country's AI outlook, especially after the UAE welcomed 6,700 millionaire migrants into its borders in 2024. An additional projected inflow of 8,200 millionaires is expected in the UAE in 2025, more than any other country in the world6. Moreover, 72% of asset and wealth managers are expecting AI and tech to reshape investment strategies7, reinforcing the notion that the landscape is shifting fast with HNW and UHNW investors boasting investment power to spearhead this trajectory. The integration of AI in finance accordingly requires investors to rethink their investment strategies. Bas said: 'With current inflation rates, geopolitical turmoil, and several other factors at play, diversification is no longer optional; it is a must to enable financial freedom in today's world. The days of relying solely on traditional markets are fading fast – if not already in the rearview – and investors who are not tapping into AI-driven opportunities risk falling behind. Tech-based Algorithmic trading, data-powered insights, and risk-managed asset allocation are reshaping wealth-building strategies, giving investors the ability to secure a future-proof portfolio that balances innovation, security, and high-growth potential. Dubai's top 10 global AI ranking could elevate even further if the country's current $100 billion AI GDP forecast is realized in five years.' As one of the biggest tech-infrastructure projects in the world, one of the UAE's most recent endeavours is a $30-$50 billion investment in a 1-gigawatt AI data centre in partnership with France8. This collaboration reinforces the country's elite global standing in this space and also a willingness to cross-collaborate towards innovation. As global AI leaders turn to Dubai for strategic collaboration, the region is attracting both massive capital and top-tier talent, making this a prime moment for investors to tap into the AI boom9. Complimenting this surge, the global wealth management software market, the key to AI-driven investing, is already valued at $5.51 billion and set for explosive growth, projected to expand at a 14% compound annual growth rate (CAGR) from 2025 through the decade's end10. For investors looking beyond traditional markets, AI is the next big play in reshaping portfolio strategies, unlocking new revenue streams, and building future-proof investments. Bas Kooijman is helping investors make sense of this massive shift, enabling HNWIs and UHNWIs to secure high-growth, long-term returns through strategic portfolio diversification. Those who have worked with him since his fund strategy's inception five years ago have witnessed a minimum average ROI of 110%, more than doubling their initial investment, with the conservative low-volatility fund returning 60 consecutive months of positive returns. About Bas Kooijman: Bas Kooijman is the CEO and Asset Manager of DHF Capital S.A, a securitisation firm for financial services which he co-founded in 2020. Entrepreneurial from a young age, Bas has worked in the technology industry, building a telecom company, and later Brokerteam, a wholesale telecom company. In 2015, he sold the latter and transitioned into finance. Over the past seven years, Bas' expertise as a professional trader has built wealth for countless individuals and companies. In his pursuit of making wealth creation more accessible and affordable for all, he has also become a published author of 'Trading and Investing' to accelerate this vision.
Mid East Info
24-02-2025
- Business
- Mid East Info
With UAE's $100 Billion AI GDP Forecast, Dubai's Top 10 Global Ranking Boasts Potential to Elevate Further - Middle East Business News and Information
Artificial Intelligence is forecasted to contribute 14% of the UAE's GDP, equating to $100 billion by 2030 The UAE's AI market is set to grow from a value of $3.47 billion in 2024 to $46.33 billion by the decade's end A projected inflow of 8,200 millionaires is expected in the UAE in 2025 after 6,700 millionaires migrated to the country last year 72% of asset and wealth managers are expecting AI and tech to reshape investment strategies Dubai, UAE – 24 February 2025: With the UAE having cemented itself as a global powerhouse for artificial intelligence (AI), ranking among the top 10 cities worldwide 1 , the country's AI market is set to grow from a value of $3.47 billion last year to a staggering $46.33 billion by 2030 2 . T he UAE Strategy for Artificial Intelligence , government-led initiatives like The Artificial Intelligence and Advanced Technology Council (AIATC) , strategic frameworks such as The National Program for Artificial Intelligence, and private sector investments spearheaded by the likes of the country's G42 3 and MGX 4 , are making AI one of the most appealing investment spaces in the UAE's economy. AI is forecasted to contribute 14% to the UAE's Gross Domestic Product (GDP) by 2030, equating to approximately $100 billion 5 . According to Bas Kooijman, CEO and Asset Manager of DHF Capital S.A. , many of these high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals are looking to technology-driven investments to grow their wealth. This is a welcome sign amidst the country's AI outlook, especially after the UAE welcomed 6,700 millionaire migrants into its borders in 2024. An additional projected inflow of 8,200 millionaires is expected in the UAE in 2025, more than any other country in the world 6 . Moreover, 72% of asset and wealth managers are expecting AI and tech to reshape investment strategies 7 , reinforcing the notion that the landscape is shifting fast with HNW and UHNW investors boasting investment power to spearhead this trajectory. The integration of AI in finance accordingly requires investors to rethink their investment strategies. Bas said: 'With current inflation rates, geopolitical turmoil, and several other factors at play, diversification is no longer optional; it is a must to enable financial freedom in today's world. The days of relying solely on traditional markets are fading fast – if not already in the rearview – and investors who are not tapping into AI-driven opportunities risk falling behind. Tech-based Algorithmic trading, data-powered insights, and risk-managed asset allocation are reshaping wealth-building strategies, giving investors the ability to secure a future-proof portfolio that balances innovation, security, and high-growth potential. Dubai's top 10 global AI ranking could elevate even further if the country's current $100 billion AI GDP forecast is realized in five years.' As one of the biggest tech-infrastructure projects in the world, one of the UAE's most recent endeavours is a $30-$50 billion investment in a 1-gigawatt AI data centre in partnership with France 8 . This collaboration reinforces the country's elite global standing in this space and also a willingness to cross-collaborate towards innovation. lobal AI leaders turn to Dubai for strategic collaboration, the region is attracting both massive capital and top-tier talent, making this a prime moment for investors to tap into the AI boom 9 . Complimenting this surge, the global wealth management software market, the key to AI-driven investing, is already valued at $5.51 billion and set for explosive growth, projected to expand at a 14% compound annual growth rate (CAGR) from 2025 through the decade's end 10 . For investors looking beyond traditional markets, AI is the next big play in reshaping portfolio strategies, unlocking new revenue streams, and building future-proof investments. Bas Kooijman is helping investors make sense of this massive shift, enabling HNWIs and UHNWIs to secure high-growth, long-term returns through strategic portfolio diversification. Those who have worked with him since his fund strategy's inception five years ago have witnessed a minimum average ROI of 110%, more than doubling their initial investment, with the conservative low-volatility fund returning 60 consecutive months of positive returns. -ENDS- About Bas Kooijman: Bas Kooijman is the CEO and Asset Manager of DHF Capital S.A, a securitisation firm for financial services which he co-founded in 2020. Entrepreneurial from a young age, Bas has worked in the technology industry, building a telecom company, and later Brokerteam, a wholesale telecom company. In 2015, he sold the latter and transitioned into finance. Over the past seven years, Bas' expertise as a professional trader has built wealth for countless individuals and companies. In his pursuit of making wealth creation more accessible and affordable for all, he has also become a published author of 'Trading and Investing' to accelerate this vision. For all media inquiries contact: Dushane Solomon | Alain Selfani | Srishti Soni Atteline Phone: +971 58 532 6136 | +971 52 300 2006 | +971 50 647 3920 E-mail: bas@
