On September 18–19, the seventh edition of the Sharjah Investment Forum (SIF) will take place with the theme “A Futuristic Vision for Smart Economies.”
The forum, hosted by the Sharjah FDI Office (Invest in Sharjah), will examine how capital and investments can be used to guide Artificial Intelligence (AI) systems that support global growth and improve inclusivity, flexibility, and efficiency across various industries.
The Jawaher Reception and Convention Centre is the intended venue for the gathering, which is expected to bring together business executives from local and global markets and specialists in economics and investments.
According to Invest in Sharjah, this year’s forum’s theme and focus highlight the UAE’s technological and digital infrastructure accomplishments, which are bolstered by the nation’s yearly investment of about $3 billion in innovation. The UAE wants to position itself as an attractive destination for technology and AI investments by increasing the contribution of AI to its GDP to Dhs 352 billion by 2030, or 14% of GDP, according to the Interregional Centre for Strategic Analysis in Abu Dhabi.
According to the McKinsey Global Institute, artificial intelligence (AI) might generate an extra $13 trillion in economic activity globally by 2030, equal to a 1.2% annual GDP growth increase across a range of industries.
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