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

Saudi SMEs secure 24% of government procurement, cloud adoption hits 41%
MUBASHER.SA
Riyad Bank tops SME lending with SAR 100 bn portfolio
MUBASHER.SA
Almosafer expands partnership with VisitBritain
MUBASHER.SA
Saudi Cybersecurity Federation launches Beem workplace platform
MUBASHER.SA
Biban 2025 first day sees deals, launches worth over SAR 22 bn
MUBASHER.SA

Related News

Private Equities News
Calendar Icon
Nov 6, 2025
Saudi SMEs secure 24% of government procurement, cloud adoption hits 41%
Read More
Private Equities News
Calendar Icon
Nov 6, 2025
Riyad Bank tops SME lending with SAR 100 bn portfolio
Read More
Private Equities News
Calendar Icon
Nov 6, 2025
Almosafer expands partnership with VisitBritain
Read More
Private Equities News
Calendar Icon
Nov 6, 2025
Saudi Cybersecurity Federation launches Beem workplace platform
Read More
Private Equities News
Calendar Icon
Nov 6, 2025
Biban 2025 first day sees deals, launches worth over SAR 22 bn
Read More
Private Equities News
Calendar Icon
Nov 5, 2025
SPICE launches in Saudi Arabia, introducing ‘Dining Capital’ for restaurants
Read More
Private Equities News
Calendar Icon
Nov 5, 2025
100 French firms eye Saudi Expo 2030, World Cup 2034 projects
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