UAE among the most AI-ready economies in the Gulf, according to the International Monetary Fund (IMF).
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UAE among the most AI-ready economies in the Gulf, according to the International Monetary Fund (IMF).
UAE among the most AI-ready economies in the Gulf, according to the International Monetary Fund (IMF). The country’s strategic investments in technology, artificial intelligence, data centers, and education are positioning it for sustained and inclusive growth.
Jihad Azour, IMF Director for the Middle East and Central Asia, emphasized that AI will reshape the future workforce and economy, affecting 40% of jobs. Affordable access to technology for youth, start-ups, and SMEs will drive growth, financial inclusion, and talent development. Education and skill-building remain critical to the region’s AI readiness.
The IMF credited the UAE’s resilience through recent global shocks to long-term structural reforms and economic diversification beyond oil towards sectors like services, tourism, real estate, and finance.
Azour also noted the Gulf’s favorable financing environment and the region’s proactive approach to evolving global trade dynamics by building strategic regional alliances.
Strong regulation, sound financial systems, and a young, tech-savvy population form the foundation for the Gulf’s AI-driven future, with the UAE at the forefront of this transformation.
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