Majority of Gulf Companies Plan Significant AI Investments by 2025
A report indicates that 25% of Gulf Cooperation Council businesses aim to invest heavily in artificial intelligence by 2025.
According to a recent report from the Boston Consulting Group, one in three companies worldwide plans to invest approximately $25 million in artificial intelligence (AI) this year.
Notably, 25% of businesses in the Gulf Cooperation Council (GCC) region have similar intentions for investment in AI by 2025.
The report, derived from a global survey named the ‘Global AI Radar,’ emphasizes that AI remains a top priority for business leaders worldwide in 2025, with a strong focus on achieving tangible results from AI initiatives.
The survey included responses from 1,803 senior executives across 19 markets, covering 12 economic sectors, highlighting broad optimism regarding the potential benefits of AI alongside significant challenges in realizing its full value.
In the GCC, it is anticipated that 81% of companies will increase their investments in technology in 2025, with 72% of these firms identifying AI and generative AI among their top three strategic priorities.
When analyzed by country, 88% of executives in Qatar, 72% in the United Arab Emirates, and 69% in Saudi Arabia prioritize AI and generative AI within their strategic plan, which is in line with a global average of 73%.
Furthermore, 66% of executives in the GCC predict that AI will enhance productivity across their organizations.
Notably, 25% of businesses in the Gulf Cooperation Council (GCC) region have similar intentions for investment in AI by 2025.
The report, derived from a global survey named the ‘Global AI Radar,’ emphasizes that AI remains a top priority for business leaders worldwide in 2025, with a strong focus on achieving tangible results from AI initiatives.
The survey included responses from 1,803 senior executives across 19 markets, covering 12 economic sectors, highlighting broad optimism regarding the potential benefits of AI alongside significant challenges in realizing its full value.
In the GCC, it is anticipated that 81% of companies will increase their investments in technology in 2025, with 72% of these firms identifying AI and generative AI among their top three strategic priorities.
When analyzed by country, 88% of executives in Qatar, 72% in the United Arab Emirates, and 69% in Saudi Arabia prioritize AI and generative AI within their strategic plan, which is in line with a global average of 73%.
Furthermore, 66% of executives in the GCC predict that AI will enhance productivity across their organizations.
Translation:
Translated by AI
