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

user icon
NOHA.GAD
calender icon
Nov 14, 2024
article image

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.


Share

Related News

PIF launches new company to deliver Expo 2030 Riyadh
News
Calendar Icon
June 19, 2025
PIF launches new company to deliver Expo 2030 Riyadh
readmore
500 Global, Sanabil Investments unveils Batch 9 of Sanabil Accelerator
News
Calendar Icon
June 19, 2025
500 Global, Sanabil Investments unveils Batch 9 of Sanabil Accelerator
readmore
Monsha’at wins Founder Catalyst award at Global Entrepreneurship Congress 2025
News
Calendar Icon
June 18, 2025
Monsha’at wins Founder Catalyst award at Global Entrepreneurship Congress 2025
readmore
Saudi Arabia officially announces candidacy for ITU Council
News
Calendar Icon
June 18, 2025
Saudi Arabia officially announces candidacy for ITU Council
readmore
BIE confirms Riyadh as Expo 2030 host, hands over flag
News
Calendar Icon
June 18, 2025
BIE confirms Riyadh as Expo 2030 host, hands over flag
readmore
iSchool acquires Algoriza’s edtech arm SEEDS
News
Calendar Icon
June 18, 2025
iSchool acquires Algoriza’s edtech arm SEEDS
readmore
Riyadh Air concludes deal with Rolls-Royce for 100 Trent XWB-97 engines
News
Calendar Icon
June 18, 2025
Riyadh Air concludes deal with Rolls-Royce for 100 Trent XWB-97 engines
readmore
GACA, Airbus partner to advance sustainable aviation in Saudi Arabia
News
Calendar Icon
June 17, 2025
GACA, Airbus partner to advance sustainable aviation in Saudi Arabia
readmore
SIC, Investindustrial join efforts to accelerate industrial investments in Saudi Arabia
News
Calendar Icon
June 17, 2025
SIC, Investindustrial join efforts to accelerate industrial investments in Saudi Arabia
readmore
AviLease expands fleet with up to 77 new Airbus aircraft
News
Calendar Icon
June 17, 2025
AviLease expands fleet with up to 77 new Airbus aircraft
readmore