WGS: Dubai Chambers publishes report on role of Business Climate Index in economic forecasting – UAE – World Government Summit

 Dubai Chambers affirmed that the UAE is constantly working to strengthen its worldwide relations with strategic companions equivalent to the US and the UK, whereas increasing its partnerships in Latin America and Africa.

Politically and commercially, the UAE is targeted on making a supportive enterprise atmosphere by opening new doorways for funding and growth alternatives, which in flip enhances stability and sustainable financial progress.

In a press release to Emirates Information Company (WAM) on the sidelines of the World Authorities Summit in Dubai, Omar Khan, Head of Centre for Enterprise Research and Analysis at Dubai Chambers, highlighted the significance of synthetic intelligence (AI) as a instrument for driving innovation and reaching effectivity throughout varied sectors, particularly the healthcare sector.

He affirmed that the UAE has witnessed important progress within the adoption of AI inside firms, with the share growing from 7 % to 21 % in simply three years. It’s anticipated that this progress will proceed till AI purposes are absolutely carried out throughout the non-public sector.

Khan famous that AI is without doubt one of the strongest instruments the UAE possesses for the subsequent decade, notably in sectors equivalent to logistics, business, and re-export. This give attention to AI displays the UAE’s preparedness to develop these areas according to the speedy modifications within the international market.

He additionally identified that the UAE is dedicated to enhancing its worldwide relations with strategic companions and continues to develop its international community by means of new partnerships in Latin America and Africa, with an emphasis on attracting investments and offering progress alternatives by means of 35 workplaces established worldwide.

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