The United Arab Emirates has demonstrated its exceptional capability as a leading financial hub for the deployment and integration of artificial intelligence technologies worldwide, securing the ninth position in the “Global Competitiveness Index for Artificial Intelligence in the Financial Sector.”
A report released by Deep Knowledge Group, in partnership with the Hong Kong Financial Services Development Council, recognized the UAE as a “builder of excellent systems.” Its competitiveness is attributed not only to the volume of research but also to the speed of adoption, regulatory updates, and operational efficiency.
The UAE is noted for its focus on swift AI adoption rather than just the volume of research produced, alongside its regulatory advancements and effective implementation strategies.
The index serves as a benchmark for analyzing the competitive landscape of artificial intelligence from the perspectives of finance, economy, and financial services.
It combines a global overview of AI adoption in the financial sector with a competitive index based on various indicators, ranking 20 countries and 15 financial centers by their financial AI capabilities and maturity.
In a breakdown of cities and financial centers, Dubai has claimed the 14th position globally, reinforcing its status as one of the most connected financial centers in the region.
The report highlighted Dubai’s strength in seamlessly integrating AI into real financial operations, establishing itself as both a “hub and bridge” that connects global markets with regional ones, providing an ideal environment for testing and deploying AI-supported financial tools within robust regulatory frameworks.
Abu Dhabi, which ranked 17th globally, serves as the institutional backbone for financial AI development in the country.