AI as a key driver of global economic transformation

Speaking during a session titled “Fostering Investment in Artificial Intelligence and the Creation of a Euro-Mediterranean and Gulf AI Hub,” FNC member Dr Ahmed Al Mansouri said artificial intelligence has become one of the most influential forces shaping the global economy. He noted its growing role in managing economies, analysing markets, advancing industry, and strengthening key sectors such as food, healthcare, and education.

UAE highlights early leadership in artificial intelligence

Al Mansouri highlighted the UAE’s early investment in artificial intelligence, including its national AI strategy, the establishment of a dedicated ministry for AI, and international partnerships aimed at advancing the sector. He also pointed to major developments such as the UAE–US AI Campus in Abu Dhabi and significant AI-related investments exceeding AED 543 billion during 2024 and 2025.

Proposal for a Euro-Mediterranean and Gulf AI Centre

He proposed the creation of a Euro-Mediterranean and Gulf Artificial Intelligence Centre to serve as a platform for research, investment, and legislative cooperation. The centre would also support knowledge exchange, capacity building, innovation, and the development of governance frameworks to ensure the responsible use of AI technologies.

Call for innovation-driven global economy

Al Mansouri concluded that a more stable and equitable global economy will depend on countries’ ability to embrace technological transformation, invest in knowledge, and build innovation-driven development models.