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The Emirates Intelligencer

An Independent Daily Bulletin on Artificial-Intelligence Investment, Adoption and Deployment. Published by otonomi.co

AI Economics
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Dubai-Hosted WEF Research Puts $1 Trillion in Regional AI Value on the Table

Two reports released as Dubai convenes the inaugural Annual Meeting of Global Future Leaders reframe the Gulf's AI buildout as a trillion-dollar economic and sustainability prize, and attach a power and water bill to it.

The World Economic Forum has published two reports estimating that artificial intelligence could unlock more than $1 trillion in economic and sustainability value across the Middle East and North Africa by 2030, released as the Forum and the Government of Dubai host the inaugural Annual Meeting of Global Future Leaders in Dubai from 13 to 15 October.

The first report, Unlocking Value: AI for Resilient Growth in MENA, was developed with Bain & Company and sets out where the value would sit: up to $200 billion in sustainable financing through the financial sector, $370 billion in sustainable investment flows enabled by the public sector, $250 billion in long-term asset losses avoided, $90 billion in increased valuation from improved sustainability performance in the energy sector, and $100 billion in sustainable projects launched through cross-sector partnerships. Maroun Kairouz, a managing director at the World Economic Forum, said the region has the resources, investment capacity and ambition to become a major centre of AI-led growth, and that turning that ambition into reality will require innovation across data-centre infrastructure, energy and water systems. Case studies cited First Abu Dhabi Bank in sustainable finance and Adnoc in the energy sector.

The second report, Optimizing Hyperscale Data Centre Infrastructure in MENA, developed with Saudi Research and Media Group, warned that the region's energy and water consumption will have to be managed as AI infrastructure scales, singling out data-centre cooling as a priority area for innovation given extreme heat and water scarcity. It noted that connecting new data centres to the grid in the region can take between two and five years, compared with longer waits in mature markets. Nedaa Almubarak, managing director of SRMG Think, said the opportunity lies in aligning intelligent infrastructure with efficient resource use to build resilient and competitive digital ecosystems.

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Sovereign Capital

DIEZ Doubles Its Oraseya Capital Fund to AED 1 Billion

The Dubai Integrated Economic Zones Authority has doubled the venture capital fund managed by its investment arm, Oraseya Capital, from AED 500 million to AED 1 billion, and doubled the maximum investment it can make in a single company from $3 million to $6 million. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of DIEZ, said expanding the fund's capacity strengthens the ecosystem around promising companies and gives them the capital, expertise and opportunities they need to grow from Dubai into regional and global markets.

The fund is extending its mandate to support founders beyond Series B, and its scope now reaches beyond companies directly linked to the UAE to include global companies of strategic relevance to the country, with healthcare and longevity, fintech and digital assets, and artificial intelligence among its priority areas. Oraseya holds 66 active portfolio companies and makes about 25 investments a year, and DIEZ said portfolio annual recurring revenue has risen to $387 million, with portfolio companies having raised a combined $1.1 billion from other investors. The expansion supports the objectives of the Dubai Economic Agenda, D33.

AI Governance

UAE Opens Global Dialogue on Principles for Strategy in the Agentic AI Era

The United Arab Emirates is leading an international dialogue with the World Economic Forum to develop Global Principles for Strategy in the Agentic AI Era, a framework intended to guide how governments and institutions redesign strategic planning and decision-making. The dialogue opened on 13 October during the Annual Meeting of Global Future Leaders in Dubai and is one of the main initiatives of the Global Strategic Intelligence Programme, a partnership between the UAE and the Forum launched at Davos in 2026.

Huda Al Hashimi, Deputy Minister of Cabinet Affairs for Strategic Affairs, said the UAE's leadership of the dialogue reflects its forward-looking vision and its pioneering role in shaping the future of strategic government work, and that the initiative aims to establish an international reference framework for the use of artificial intelligence in planning, foresight and decision-making. Stephan Mergenthaler, chief technology officer of the World Economic Forum, said agentic AI is fundamentally transforming how governments anticipate change, assess possibilities and make consequential strategic decisions, and that shared global principles are needed to ensure those capabilities are developed and deployed responsibly.

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Further Dispatches
Enterprise Adoption

Eleven Dubai Companies Pledge to Put Agentic AI Into Their Operations

Eleven Dubai-based companies have pledged to integrate agentic AI technologies into their operations with the support of Dubai Chambers, in the presence of Sheikh Mohammed bin Rashid bin Mohammed bin Rashid Al Maktoum. The signatories are Emirates, DP World, AW Rostamani Group, Al Ansari Exchange, Dubai Islamic Bank, Kitopi, Dutco Group, Aster DM Healthcare, Innovo, Independent Food Company and HSA Group.

The pledge sits under Dubai's private sector Agentic AI transformation programme, launched in May by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence and Chairman of the Executive Council of Dubai, and overseen by Dubai Chambers. The chamber said the pledge moves companies beyond exploring the potential of agentic AI towards adopting intelligent solutions across service development, internal processes and decision-making, supported by specialised training tracks it has launched.

Banking AI

Mashreq Pilots IBM Bob to Cut Integration Work From Hours to Minutes

Mashreq is piloting IBM Bob, IBM's enterprise software engineering platform, across its integration engineering function, exploring how agentic AI can assist teams from solution design and planning through development, code review and production troubleshooting. The Dubai-headquartered bank's integration platform processes an average of 650 transactions a second across digital channels, payments and enterprise systems, supporting digital banking, instant payments, cross-border transactions and multi-country operations.

IBM said early results from the pilot showed up to a 60 to 70 per cent reduction in the time spent on integration design and troubleshooting, with activities that previously required two to three hours completed within minutes. Mashreq is also using IBM Context Forge, built on the Model Context Protocol, to give agents secure access to enterprise integration knowledge, API specifications and operational context, and manages about 4,000 requests a month from AI agents through a secure gateway. Mohamed Abdel Razek, Mashreq's group head of technology, transformation and information, said the bank is evaluating how these capabilities can transform software engineering and operations across the enterprise, and Mashreq is exploring a future on-premises deployment of IBM Bob for mission-critical use cases that may require locally hosted models to meet data residency and regulatory requirements.

Global AI in Action
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