Other BriefingsGulf Nations Invest in AI Capabilities
GCC countries are making impressive strides in artificial intelligence (AI) development, with Qatar leading the charge in terms of investment.
The Gulf region is making impressive strides in artificial intelligence (AI) development, with Qatar leading the charge through a substantial investment in technology. Qatar has earmarked an extraordinary US$2.4 billion (QR8.75 billion) to enhance its AI capabilities and attract global tech talent. This initiative is a crucial component of Qatar’s broader strategy to establish a smart economy, with digital investments projected to reach US$5.7 billion (QR20.77 billion) by 2026, a significant increase from US$1.65 billion (QR6.01 billion) in 2022.
Faisal Al Monai, Co-Founder and Chairman of droppGroup, emphasized the transformative impact of AI on Qatar and the broader MENA region. According to Al Monai, AI is driving productivity, efficiency, and innovation across various sectors. In Qatar, initiatives like the Fanar AI project are set to enhance linguistic programs and support the country’s digital transformation goals.
The AI investment wave is not confined to Qatar alone. Saudi Arabia is making notable progress through its National Strategy for Data and AI, which aims to attract US$20 billion in investments by 2030. This ambitious plan includes training 20,000 AI specialists and creating over 30,000 AI-related jobs, aligning with Saudi Vision 2030’s goals. Key sectors such as energy, healthcare, and government are leading the AI adoption in Saudi Arabia. For example, Saudi Aramco is utilizing AI through its Metabrain AI initiative to improve energy efficiency and optimize drilling operations.
The UAE is also making significant advancements in AI. The country has established the Mohamed bin Zayed University of Artificial Intelligence, the world’s first graduate-level AI university. This move underscores the UAE’s commitment to becoming a global hub for AI research and development. The UAE’s transportation and logistics sectors are employing AI to enhance traffic control and support autonomous vehicle technologies, while the healthcare sector is leveraging AI for diagnostics, patient care, and administrative efficiencies.
Qatar’s AI investments are further expanding into diverse fields such as healthcare, education, and transportation. The country is utilizing AI to create personalized learning experiences, improve administrative management, and enhance fraud detection and risk management in the financial sector.
These advancements reflect the Gulf region’s dedication to harnessing AI for economic growth and technological innovation. As AI technologies continue to evolve, they are poised to drive significant progress across various industries, contributing to the region’s economic development and global competitiveness.
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