Oxford Business Group’s Post

Did you know that almost 10% of the UAE's economy is driven by manufacturing? The UAE is reshaping the manufacturing landscape, focusing on innovations like AI and aiming to become a manufacturing powerhouse. This shift offers significant investment opportunities, with an award celebrating innovation. This year marks the 3rd edition of the "Make it in the Emirates Forum," highlighting the country's commitment to innovation and industry advancement. #UAE #Manufacturing #AI #Innovation #InvestmentOpportunity #MakeItInTheEmiratesForum

HH Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum may I share my AI idea for Dubai: AI CELEBRITY ROBOT SHUTTLE DRIVERS AT DUBAI AIRPORT My idea is to develop self driving or remotely controlled AI airport passenger shuttles which will have robots sitting as drivers. These robot drivers will have the human appearance of different world famous showbiz and sports personalities. These celebrity robot airport shuttle drivers will be AI programmed and controlled to perform some basic acts such as greeting passengers, telling their names, telling the different stops in the airport, etc. Passengers will have a pleasant surprise to find world famous showbiz and sports celebrities as drivers of their Dubai Airport shuttles (celebrity robots). This is my basic idea Dubai Government may bring about any changes and implement it the way it may consider appropriate. My idea of “Celebrity Robot Shuttle Drivers at Dubai Airport” will contribute to making Dubai Airport the world’s most futuristic, creative and fun filled airport. I submitted this idea of mine at MBR Smart Majlis on 07-08-2021, it remains under consideration. #dubai #uae

📢 Exciting News from the UAE! 🚀🤖 UAE President has launched the Artificial Intelligence (AI) and Advanced Technology Council, under the visionary leadership of the Abu Dhabi Ruler, HH Sheikh Mohamed. This initiative marks a significant milestone in the UAE's journey towards AI excellence. The council is set to change the digital landscape, steering towards a more efficient and sustainable future. 🌍 As a central body, it will develop comprehensive policies and strategies. The focus will be on research, infrastructure, and investments in the fields of AI and advanced technologies, primarily in Abu Dhabi. Similar to this, Dubai AI platform was launched last June by Digital Dubai, in partnership with the Dubai Center for AI. These continuous developments represents leaps in UAE's commitment to being at the forefront of AI adoption. #AI #Technology #Innovation #UAE #AbuDhabi #DigitalTransformation #FutureReady

A good decision

How the Middle East is leaning on the potential of AI to diversify its investments away from oil. According to Bloomberg, Middle Eastern wealth funds control over $4 trillion in assets and have invested their money around the world. The technology industry is undoubtedly a key focus, with both the UAE and Saudi Arabia laying solid AI foundations. Whether Saudi’s recently launched National Semiconductor Hub to attract chipmakers or the UAE’s MGX targeting deals in AI and semiconductors, significant initiatives are being taken in the Middle East to leverage the potential of AI and establish the region as a global hub for AI. These forward-looking steps are set to positively impact the Middle East, attracting global investments and talent and driving economic growth in the region. What do you think? #ArtificialIntelligence #MiddleEast #Saudi #UAE #AI Source: https://lnkd.in/dEKfTNXv

AI will bring an economic increase of AED 335 billion to the UAE. I went through UAE's national AI strategy for 2031 and here are some quick notes: In terms of AI, the UAE is leveraging its strengths in existing sectors like resources & energy, logistics & transport, tourism & hospitality, and healthcare, positioning itself as a global AI hub. The government supports developments in these sectors due to their significant potential for economic gains and global leadership opportunities. Cybersecurity is also identified as a strategic imperative, highlighting the integration of AI in building robust protection systems. By adopting AI, the UAE aims to disrupt traditional sectors, enhance performance, and significantly contribute to the GDP, with an estimated increase in economic output of AED 335 billion, reflecting a 26% increase. https://lnkd.in/dN3fcE6X #uae #AI #growth

#AI investments reach further than the #US and #China. The Middle East is also looking to expand its #semiconductor and #AI infrastructure. « In the UAE, where authorities have put artificial intelligence at the center of its economic future. The country is seeking to become a producer of advanced semiconductors — a crucial component of the supply chain for the technology. It recently set up a new technology investment fund that could surpass $100 billion in assets […] In a recent report, PwC estimates that the Middle East is expected to accrue 2% of the total global benefits of AI in 2030 — equivalent to $320 billion. » https://lnkd.in/e9w2Sfwv

For the UAE, a careful combination of innovation and technology has created the perfect environment for economic growth, with Artificial Intelligence emerging as the new field in which UAE forges ahead. Technology and innovation have both played unique roles in creating the growth we see today. Innovation is allowing the UAE to diversify away from oil, protecting the economy from shocks and helping to prepare the country for a more sustainable future. Technology has enhanced transparency and efficiency, creating more competitive businesses that can succeed on national and global levels. Understanding how these two forces interact to create such growth will help other countries reap similar benefits. We could see the emergence of a more stable and resilient global economy and more prosperous job markets around the world. If you are an innovator in AI, technology, and innovation, you don’t want to miss these opportunities. Don’t look away, don’t blink! #EconomicGrowth #Innovation #Technology #Development

Rohit Adlakha a thought leader shared this vision of the future ! Anchored out of #dubai , I have been fortune to see these visions become reality ! Many who read this post and document may wonder how and why ! So here is my take , many who have been in the touch n go and random vists to the #uae - it may seem far fetched , for those of us who live and have seen the possibilities, how they are foreseen , shaped and realized. #dubai and the #UAE has consistently transformed over the last few decades , quantum shifts from the economy it was 30 years go to a global leader across every imaginable metric . ( yes, there will be naysayers - and it good to have them around ) . This document has its seeds in that vision , the thoughts 💭 that have consistently urged transformation , innovation and growth . Looking forward to be part of this 50 and more .. #performanceinnovation

FUTURE OPPORTUNITIES REPORT 2023 - DUBAI FUTURE FOUNDATION The world is witnessing a continuous race against #changes that are measured in hours and days, and we have to deal with rapid developments as countries, cities and societies. The primary task of #governments today is to anticipate the occurrence of major transformations, to anticipate the opportunities they bring and to reduce the risks associated with them. In order to live the #future that we want to see, we must be prepared to tackle its challenges and start shaping it today. The following report highlights 50 promising #opportunities that provide an accessible framework to encourage thoughtful reflection about the future: a navigation tool in an era of quantum shifts. Have a great weekend! #Dubai #Report #AI #Economic #Technology