Page 136 - HBMSU PR REPORT - APRIL 2025
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Regarding the outlook for AI in Dubai and the wider Middle East, Eid said the region is currently
               witnessing substantial investments in AI, spanning infrastructure, applications, and model
               development. “Last year, we observed that many companies moved beyond experimentation and
               started realising tangible returns from their AI investments,” he noted.

               He stressed that success in this transition requires robust data platforms and the use of more
               specialised and efficient AI models to improve accuracy and reduce costs, while also maintaining a
               critical balance between innovation, security, and reliability. He highlighted the importance of
               partnerships in accelerating digital transformation.

               On a study conducted by IBM in collaboration with the Dubai Future Foundation, Eid revealed that
               preliminary findings show 26 percent of organisations in the region have appointed a Chief AI
               Officer, with this figure expected to rise to between 50 and 65 percent over the next two years.

               He added that organisations with this dedicated leadership role are achieving 10 percent higher
               returns on their AI investments, underlining the value of appointing leadership for AI-driven
               transformation. He noted that the UAE was among the first countries to establish such roles in both
               public and private sector institutions.

               Eid reaffirmed IBM’s commitment to supporting the UAE and Dubai in becoming central to global AI
               development through partnerships with entities such as the Dubai Future Foundation, Mashreq
               Bank, Dubai Islamic Bank and Hamdan Bin Mohammed Smart University.














































               https://www.wam.ae/en/article/bjagcsk-reshaping-business-future-dubai-region-ibm
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