Page 19 - FUTURE FESTIVAL PR REPORT - MARCH 2024

The UAE has demonstrated its commitment to fostering and advancing the growth of
artificial intelligence by launching the National Artificial Intelligence Strategy 2031, which
seeks to enhance the adoption of this transformative technology across numerous vital
sectors, including education and government services. This strategy aims to position the
country as a global hub for AI. Similarly, Dubai has also embarked on various initiatives
to promote AI and its potential as a revolutionary technology. The emirate has been
rightfully named the ‘City of Future’ as its technological and innovation leadership
across numerous key sectors, from health and hospitality to retail, has been
remarkable, fostering an environment conducive to growth. In the coming years, it is
projected that the AI market in the Middle East would expand considerably as more and
more companies have started to integrate AI into their operations. PwC research has
found that artificial intelligence would account for about 14 percent of the UAE’s GDP by
2030, while the Middle East would reap 2 percent ($320 billion) of the total global
benefits of AI.

DXB LIVE, being one of the fastest-growing event agencies in the Middle East, will
deliver its extensive expertise in planning and organising large-scale events, while
Trend Hunter, the world’s largest community for trend spotting across industries, will
offer its valuable insights into the constantly changing world of technology. Together,
they represent a powerful combination that promises a significant meeting platform.

The summit will serve as an ideal arena to journey through the uncharted territory of
artificial intelligence, sparking global discussion on this disruptive technology and
assisting companies to navigate the complexities of this new frontier. It promises to be a
landmark gathering that unites top innovators from around the world to shape a better
future.

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