logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. AI boosts business of 88% of Saudi Arabia, UAE organizations

AI boosts business of 88% of Saudi Arabia, UAE organizations

NOHA.GAD
Nov 14, 2024
88% of Saudi and Emirati organizations that adopted AI early reported improved performance

Riyadh - Sharikat Mubasher: Saudi Arabia and the UAE have made substantial investments in artificial intelligence (AI) technologies in recent years to become global hubs for technology, thanks to AI’s transformative role in bolstering businesses.

A recent whitepaper published by Amazon Web Services (AWS), in collaboration with International Data Corporation (IDC), stated that 88% of organizations in Saudi Arabia and UAE that adopted AI early reported improved performance while only 28% of organizations have already started experimenting with AI.

The whitepaper, which surveyed 166 organizations, revealed that early AI adoption is already transforming private and public-sector organizations in Saudi Arabia, however, there is a risk of creating a digital divide between those who embrace the technology and those who fall behind. 

It found that 66% of Saudi organizations expressed concerns about unclear privacy and security regulations, underscoring the need for a balanced regulatory approach that fosters both growth and responsible AI development.

Around 51% of Saudi organizations cited a lack of digital skills and expertise as a barrier to AI adoption. However, 69% of Saudi organizations are planning to invest in data literacy and AI skills enablement in the next 12-18 months.

Yasser Hassan, Managing Director for MENAT at AWS, said: “Early adoption is key, with AI-invested Saudi organizations already experiencing improved business performance. AWS is committed to supporting this journey by empowering organizations to embrace AI responsibly and securely, providing the needed infrastructure and expertise to navigate the AI landscape confidently and drive growth."

Moreover, the whitepaper focused on key industries including government, finance, hospitality, and retail.

Tags

Saudi Arabia
UAE
AI
Performance
Share

Attract clients with your ad

Start Now

Trending

QIA backs Vast in $500mn round to develop commercial space stations
MUBASHER
Immensa secures growth capital from Dubai Future District Fund, Global Ventures
MUBASHER
Muhlah closes SAR 28 mn seed funding to boost consumer microlending
MUBASHER.SA
SAP relocates MENA headquarters to Misk City in Riyadh
MUBASHER.SA
Monsha’at launches advisory programs in Jeddah to support entrepreneurs
MUBASHER.SA

Related News

Private Equities News
Calendar Icon
Mar 9, 2026
SAP relocates MENA headquarters to Misk City in Riyadh
Read More
Private Equities News
Calendar Icon
Mar 9, 2026
Monsha’at launches advisory programs in Jeddah to support entrepreneurs
Read More
Private Equities News
Calendar Icon
Mar 8, 2026
Infobip opens new data center in Saudi Arabia
Read More
Private Equities News
Calendar Icon
Mar 5, 2026
Ehsan pacts with STC Bank to advance digital donation ecosystem in Kingdom
Read More
Private Equities News
Calendar Icon
Mar 4, 2026
New Murabba partners with EVIQ to install EV charging network
Read More
Private Equities News
Calendar Icon
Mar 3, 2026
Saudi Arabia PMI drops to 56.1 in February, lowest in nine months
Read More
Private Equities News
Calendar Icon
Mar 3, 2026
Riyadh to host Global Innovation Summit 2026
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher