Dubai government and business leaders examined how artificial intelligence, changing trade patterns and shifting investment flows could shape the emirate’s future economic growth at the Future Economy Majlis.
Held as part of the Mohammed bin Rashid Leadership Forum, the discussions covered global supply chains, the energy transition and AI’s growing impact on economic development, according to the Emirates News Agency (WAM).
Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates NBD, said Dubai’s competitiveness will depend on combining its established trade networks with advanced digital infrastructure. He also highlighted the role of AI, data and financial technology in improving productivity, supporting businesses and expanding access to secure digital financial services.
Economist Nouriel Roubini discussed how relations between the United States, China and Europe could affect global trade, investment and supply chains. He also pointed to AI’s potential impact on productivity, business models and labor markets, while stressing the need for governments and companies to prepare for changing skills requirements.
The sessions also examined the growing link between AI and energy, including the infrastructure and power needed to support its expansion.
Held at Dubai World Trade Center, the forum brought together 1,000 government and private sector leaders, experts and academics.
Source: Fast Company ME
