Dubai, According to a new PwC Middle East analysis released today, the Middle East could unleash an astounding $232 billion in additional economic value by 2035 with robust climate resilience measures and widespread use of artificial intelligence (AI).<\/p>\n
The research, titled “Value in Motion: The Middle East’s Time to Lead is Now,” presents three financial scenarios for the area, emphasising how industry convergence, threats to the environment, and AI disruption might transform the future and redefine development potential.<\/p>\n
The Middle East’s GDP may increase from $3.57 trillion to $4.68 trillion by 2035, a $1.11 trillion increase in overall value, in an ideal future where AI is used responsibly and climate dangers are proactively addressed, according to PwC’s modelling.<\/p>\n
By increasing productivity across industries, AI alone may increase regional GDP by 8.3%, according to the paper. However, this promise will only be realised if businesses and governments work together to build digital infrastructure, bridge capacity gaps, and deploy AI responsibly.<\/p>\n
PwC Middle East Chief Strategy & Technology Officer Stephen Anderson stated that the upcoming decade would test the region’s creativity and talents in a way that has never been seen before. “In order to stay ahead, governments and corporations need to move quickly, purposefully, and together.<\/p>\n
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