TECHNOLOGY | DIGITAL ECOSYSTEMS
Ahmed says that with more investment towards digital transformation , the more data centre players are attracted towards investing in a market to cater to the growing demand for data .
“ We see that MEA countries like the UAE , Saudi Arabia , South Africa , and others who are actively investing in these areas , are leading in bridging the digital divide , improving financial access , and having an active and growing hyperscaler and data centre presence .” technology giants having their regional HQs in the country .
Such collaborations have been recognised as pivotal for accelerating the adoption of AI , seen as a crucial component of the nation ' s digital advancement and prosperity .
The UAE government has signed an agreement with Mastercard to fight financial crime , drive inclusive growth and secure the digital ecosystem – thanks to Mastercard recently opening its Global Center for Advanced AI and Cyber Technology in Dubai .
The role of AI There is simply no escaping the importance of AI . A recent PwC report says AI will contribute US $ 320 billion to the region by 2030 , and the recent GITEX GLOBAL 2023 show – the world ’ s largest tech event – was held under the title ‘ The Year to Imagine AI in Everything ’.
While some countries are busying themselves with much hand-wringing when it comes to the regulation and implications for society , the UAE is welcoming the technology with open arms . This positive publicsector attitude coupled with private sector specialisation should deliver the best results .
HE Omar Sultan Al Olama , UAE Minister of State for Artificial Intelligence , has emphasised the government ' s efforts towards strategic collaborations with the private sector – with many international
102 November 2023