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Study Shows That the Number of AI Company Registrations in Abu Dhabi has Increased by 67% Annually.

February 29, 2024
in Gulf News, Abu Dhabi, Dubai
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Study Shows That the Number of AI Company Registrations in Abu Dhabi has Increased by 67% Annually.

According to a recent study by the Abu Dhabi Chamber of Commerce and Industry’s Business & Economics Intelligence Sector, the number of AI businesses registered in Abu Dhabi increased by 67% CAGR between 2021 and 2023. Abu Dhabi’s standing as a major international participant in the AI industry is further strengthened by the notable rise in company registrations.

Abu Dhabi wants to make the most of AI systems, applications, technologies, and solutions, and the research clarifies this goal. The goal is to utilize these developments to benefit humanity and promote sustainable development in a range of social, economic, and other spheres of life.

The Abu Dhabi Chamber prioritizes AI investment in this context, in line with its mission to elevate the stature and position of the business sector in Abu Dhabi. By putting supportive policies into place, embracing innovation, and embracing digital revolutions, Abu Dhabi will be the most preferred place to do business in the Middle East and North Africa (MENA) by 2025.

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The Emirates Times

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The Emirates Times is an English Language Internet media with a significant focus on business, technology, news, entrepreneurship, leadership, innovation, prominent business personalities, and many more, majorly in the GCC region. Further, the company publishes interviews, news, business content, press releases, etc. This platform also publishes about real estate, sports, metaverse, business ideas, and more.
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