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Ramadan 2026 in UAE: What will the weather be like this month?

Long-term forecasts suggest rainfall totals will likely be around or below the seasonal average of approximately 8mm for the month

Gulf Business
Gulf Business

19 February, 2026

Ramadan 2026 in UAE: What will the weather be like this month?
Image credit: Getty Images

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During Ramadan (late February-mid March), the UAE expects moderate winter weather. Daytime temperatures will gradually increase, reaching up to 40°C inland. Nights will be moderate, cooling significantly inland. Humidity will rise overnight, potentially causing fog. Rainfall is predicted near or below average, influenced by pressure systems. Winds may strengthen, causing dust. Fasting hours will increase from approximately 12:46 to 13:25...

As the Holy Month of Ramadan begins in the latter half of February and continues through mid-March, residents across the UAE can expect generally moderate winter conditions, according to the National Centre of Meteorology (NCM).

In its latest forecast, the NCM said daytime temperatures will remain moderate during the first half of the fasting month, with a gradual increase expected toward the latter half. Nights are forecast to be moderate to pleasant overall, turning relatively cool during late-night and early-morning hours, particularly in inland and mountainous areas, according to a WAM report.

Read more-Humidity, rising heat: Are these the first signs of summer in the UAE?

Climatological data for this period indicates that average maximum temperatures typically range between 26°C and 32°C. However, some inland regions could see temperatures climb as high as 40°C around midday.

Meanwhile, average minimum temperatures are expected to range between 18°C and 21°C. In mountainous and inland locations, early morning temperatures could fall to near or below 0°C.

Rainfall and pressure systems

Meteorologists noted that this time of year is generally influenced by the extension of the Siberian High pressure system. While it often brings stable conditions, occasional weakening may allow low-pressure systems to move in from the west or east.

“When these systems are accompanied by an upper-level trough, they may enhance cloud formation and increase the probability of rainfall across the country,” the report stated.

Long-term forecasts suggest rainfall totals will likely be around or below the seasonal average of approximately 8mm for the month. For comparison, the highest 24-hour rainfall recorded during this period reached 287.6mm in Al Shuwaib on March 9, 2016.

Fog, humidity and winds

Humidity levels are expected to rise during nighttime and early morning hours, creating favorable conditions for fog and mist in certain areas. Average maximum relative humidity during the night and early morning is forecast to range between 70 per cent and 85 per cent, while daytime minimum levels are expected to hover between 20 per cent and 35 per cent.

Winds are typically southeasterly during the night and morning, shifting to northwesterly by afternoon and evening due to land and sea breeze circulation. The NCM warned that winds may occasionally strengthen with deepening pressure systems, potentially leading to blowing dust and sand in exposed areas.

Average wind speeds are projected at around 13 km/hr. Historically, the strongest wind gust recorded during this period reached 141 km/hr at Jebel Mebreh on February 27, 2010.

Fasting hours will begin at approximately 12 hours and 46 minutes at the start of Ramadan, gradually increasing to around 13 hours and 25 minutes by the end of the month in Abu Dhabi and nearby areas, with minor variations depending on location.

India AI summit stumbles as Bill Gates pulls out, chaos mounts

The Gates Foundation said the billionaire will not deliver his address “to ensure the focus remains on the AI Summit’s key priorities”

Reuters
Reuters

19 February, 2026

India AI summit stumbles as Bill Gates pulls out, chaos mounts
Image credit: Getty Images

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India's AI Impact Summit, envisioned as a leading AI forum, faced significant setbacks. Bill Gates and Jensen Huang cancelled appearances amidst organizational chaos, a robot controversy, and delegate complaints. Despite PM Modi's call for AI safety and over $100 billion pledged investments, the event was marred by management issues, raising concerns about India's AI initiative's execution and infrastructure readiness.

Bill Gates pulled out of India’s AI Impact Summit hours before his scheduled keynote address on Thursday, dealing another blow to a flagship event already marred by organisational lapses, a robot row and delegate complaints over traffic disruptions.

Gates’ absence, followed by another high-profile cancellation by Nvidia’s Jensen Huang, adds to a difficult opening for a summit billed as the first major artificial intelligence forum in the Global South, where India has sought to position itself as a leading voice in worldwide AI governance.

Read more-The AI arms race: How is technology disrupting economies?

The Gates Foundation said the billionaire will not deliver his address “to ensure the focus remains on the AI Summit’s key priorities”. Only days ago, the foundation had dismissed rumours of his absence and insisted he was on track to attend.

Gates’ cancellation comes after the US Department of Justice released emails last month that included communication between late financier and convicted offender Jeffrey Epstein and the Gates Foundation’s staff.

Gates has said the relationship was confined to philanthropy-related discussions and that it was a mistake for him to meet Epstein.

Prime Minister Narendra Modi called for children’s safety on AI platforms as he addressed the gathering on Thursday, alongside French President Emmanuel Macron, Google CEO Sundar Pichai, OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei.

“We must be even more vigilant about children’s safety. Just as a school syllabus is curated, the AI space should also be child- and family-guided,” Modi said, after standing on stage with top AI executives and posing for photographs with their arms raised in a show of strength.

However, India’s first major AI summit has been marred by management lapses that have left attendees shocked and angry over what they described as a lack of planning by the Indian government.

Chaos and traffic snarls

The summit exhibition halls were shut to the public on Thursday in a surprise move that led to more anger among participating companies that had put up stalls and pavilions.

The venue compound was largely deserted after three days of large crowds at the event.

On Wednesday, Indian university Galgotias was asked to vacate its stall after a staff member presented a commercially available robotic dog made in China as its own creation, sparking a public uproar.

Police shut roads to give preference to VIP movement at the summit, creating chaos in the city of 20 million people.

On Wednesday, footage on social media showed scores of attendees at the summit walking for miles in central Delhi as roads were shut for traffic, with no availability of taxis and no shuttle services arranged.

Reposting one such video, opposition leader Mahua Moitra wrote on X that the poor management had besmirched India’s reputation globally.

Still, there has been more than $100bn of investment in India AI projects pledged during the summit, including from the Adani Group conglomerate, tech giant Microsoft, and data centre firm Yotta.

The Indian government has said it expects total pledges to exceed $200bn in the next two years, although analysts have warned the rapid build-out risks straining India’s power grid and water supply.

DBM Studio founder Mahsa Gholizadeh on building without investors

Large hospitality and mixed-use projects often force studios to balance creative ambition with commercial reality, reveals Mahsa Gholizadeh

Rajiv Pillai
Rajiv Pillai

19 February, 2026

DBM Studio founder Mahsa Gholizadeh on building without investors
Mahsa Gholizadeh, founder and design director of DBM Studio/Image: Supplied

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Mahsa Gholizadeh's DBM Studio in Dubai prioritizes organic, steady growth over rapid expansion, focusing on building a strong foundation, team, and client relationships. Her Iranian-Australian background informs a design philosophy blending storytelling, technical skill, and cultural sensitivity. She emphasizes maintaining creative identity, integrating commercial realities from the start, and fostering a supportive, long-term-focused studio culture.

In a city often defined by speed and scale, Mahsa Gholizadeh chose a different path. The Iranian-born, Australian-educated founder of DBM Studio built her award-winning interior design practice in Dubai organically — without investors, without rapid expansion, and without compromising creative identity.

At a time when many studios pursue aggressive scaling strategies, DBM’s trajectory has been deliberately steady. For Gholizadeh, slow growth was not a constraint but a strategic decision.

“One of the biggest challenges in building DBM organically was ensuring that we had the right resources and team in place to deliver the level of work we were entrusted with, especially in the early years,” she says.

Dubai, she adds, made that journey possible. “I feel very fortunate to have built the company in Dubai and the UAE. This is truly a land of opportunity. Once you have the will and the desire, the government creates an environment where it is possible to grow a business even without external funding.”

Choosing foundation over scale

For Gholizadeh, growth without clarity was never an option.

“For me, the decision to grow slowly was very intentional. I wanted to make sure that every step was steady and thoughtful. Even if I had access to large funding, I believe I would still have chosen a gradual path.”

That meant investing heavily in market understanding and relationships before expanding headcount or footprint. It also meant significant personal sacrifice.

“One of the real challenges was building a team that could meet my standards and deliver the quality I envisioned, while working with limited financial resources. In the first few years I had to be very hands-on and involved in every detail… There was very little work-life balance during that period.”

Because her name sits above the door, the responsibility felt personal. “My focus was always on building trust and long-term relationships, so that clients would return and grow with us.”

Gholizadeh’s design philosophy reflects her multicultural background. “Being Iranian-born and Australian-educated, and now operating in the Middle East, has had a profound influence on both my design philosophy and my leadership style.”

From Iran, she draws narrative depth and craftsmanship. “From my Iranian background, I carry a deep appreciation for storytelling, craftsmanship, and emotional connection in design… For me, design is never just about aesthetics — it is about creating spaces with soul, memory, and identity.”

Australia grounded her creativity in technical discipline. “My education in Australia added another essential dimension. It grounded my creativity in technical knowledge, sustainability, and real-world execution.”

Operating in the UAE further sharpened adaptability and collaboration. “The region is incredibly dynamic, diverse, and forward-thinking. It has taught me adaptability, cultural sensitivity, and the importance of collaboration.”

The result is a studio that seeks to bridge tradition and innovation. “Ultimately, this combination of cultures allows me to bridge different worlds — art and technology, tradition and innovation, emotion and strategy.”

Protecting identity in commercial environments

Large hospitality and mixed-use projects often force studios to balance creative ambition with commercial reality. For Gholizadeh, that tension is addressed structurally rather than emotionally.

Before launching DBM, she led the design department of a fit-out company — an experience that shaped her pragmatic approach.

“I saw many beautiful concepts that were visually strong but not buildable or aligned with the client’s budget. That experience shaped my approach very early on.”

Today, DBM integrates technical and commercial oversight from the outset. “We have an in-house quantity surveyor and estimator, and while we are developing the concept, they are already studying materials, obtaining quotations, and understanding lead times.”

This eliminates late-stage compromises. “It eliminates the need for value engineering later, which is often where design identity gets compromised.”

Rather than treating budget as a limitation, she reframes it. “We see it as a framework that guides creativity.”

In an industry increasingly influenced by metrics and analytics, Gholizadeh continues to trust instinct.

“DBM was built organically, and in many ways, it grew through intuition rather than a rigid business plan or purely analytical strategy.”

While she values data, final decisions often come from a deeper place. “The final decision often comes down to intuition — how something feels at a deeper level. I usually ask myself whether a decision makes me feel expanded or contracted.”

For her, entrepreneurship is more than commercial performance. “Business is not just about metrics. It is also a human and emotional journey.”

That mindset influences hiring and client relationships alike. “While experience and portfolio are important, they are not the first filter for me. I pay close attention to people’s energy, their mindset, and how aligned they feel with our culture and values.”

Dubai’s market is often associated with aggressive expansion. Gholizadeh offers a different definition of sustainability.

“For me, sustainable growth is about clarity, consistency, and intention rather than simply expanding as quickly as possible.”

DBM remains a boutique studio by choice, even while delivering complex large-scale projects. “Our clients care more about results and quality than the size of the studio.”

In a city that rewards speed, she believes the real challenge is maintaining identity. “In a city like Dubai, the real challenge is not speed, it’s maintaining identity while moving fast.”

As DBM gained international recognition, Gholizadeh’s role evolved beyond design.

“In the early years, I was deeply involved in every creative detail. But as the studio grew, I realised that the biggest impact I could have was not only through design, but through building the right structure, culture, and vision for the business.”

Letting go of control was one of the hardest lessons. “As designers, we are trained to be perfectionists, so trusting others with your vision is not always easy.”

She also had to strengthen commercial discipline. “In the early stages, I sometimes lost the balance between creativity and the commercial aspects of a project… Over time, I learned that for a business to grow in a healthy and sustainable way, projects also need to be commercially viable.”

Today, she sees design excellence and business discipline as mutually reinforcing. “The biggest lesson has been that design excellence and business discipline are not separate — they strengthen each other.”

Building creative endurance

Burnout remains a pressing issue in creative industries. Gholizadeh speaks openly about experiencing it herself.

“Burnout is something I experienced myself in the early years while building the business, so I am very conscious of it.”

Studio culture, she says, must prioritise psychological safety and shared ownership. “Creativity cannot exist in a stressful or fearful environment. It needs trust, psychological safety, and a sense of purpose.”

Authorship and recognition are also central. “I believe that every project is a collective effort, and I always try to give credit to the team.”

Long-term viability, she argues, applies to careers as much as buildings. “I want the people who join DBM to see a future here.”

As DBM enters its next phase, hospitality sits at the centre of its ambitions.

“We are particularly drawn to boutique hotels and design-led destinations that have character, narrative, and a strong sense of identity.”

She sees a global shift toward experiential travel. “People are increasingly looking for meaningful and memorable experiences rather than generic luxury.”

For DBM, the future lies in immersive, storytelling-driven environments. “The opportunity to create storytelling-driven hotels — spaces that feel immersive, layered, and emotionally engaging — is incredibly exciting.”

In a region defined by rapid transformation, Gholizadeh’s approach offers a counterpoint: growth grounded in identity, creativity aligned with discipline, and expansion built on intention rather than momentum.

Read: Dubai Design District reveals ambitious plan for expansion

Dubai unveils new plazas: Here’s what residents can expect

The initiative forms part of a broader effort to develop Dubai’s rural and desert areas into some of the most beautiful and distinctive in the world

Gulf Business
Gulf Business

19 February, 2026

Dubai unveils new plazas: Here’s what residents can expect
Image credit: Dubai Media Office/Website

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Dubai Municipality opened new recreational plazas in Lehbab and Nazwah, expanding park networks and enhancing rural areas. The initiative, part of Dubai's 2040 vision and the Countryside Development Master Plan, includes modern sports courts, fitness equipment, and safe play areas. These developments aim to improve community wellbeing, promote active lifestyles, and create sustainable, people-centric environments.

In line with the directives of Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Dubai Municipality has opened new recreational plazas in Lehbab (1), Lehbab (2), and Nazwah, marking a significant step in transforming the emirate’s countryside into vibrant community hubs.

The initiative forms part of a broader effort to develop Dubai’s rural and desert areas into some of the most beautiful and distinctive in the world. It also aligns with ongoing plans to enhance residential neighbourhoods and elevate the overall quality of life for citizens, residents and visitors.

Read more-Disney CEO shares first glimpse of Disneyland Abu Dhabi site

According to a WAM report, the newly completed projects expand Dubai’s growing network of parks and public facilities while supporting the Municipality’s long-term vision of creating future-ready environments centred around people’s everyday needs.

Image credit: Dubai Media Office/Website

More than 330,000 square feet of development

The development works span more than 330,000 square feet and introduce modern sports courts designed to cater to all age groups. The plazas have been equipped with contemporary outdoor fitness equipment, upgraded surfaces and rubber flooring in children’s play areas to enhance safety.

Seating zones have been added to provide comfortable gathering spots for families, while landscaping improvements contribute to a more visually appealing and welcoming environment. Additional safety measures have also been introduced to ensure the spaces remain accessible and community-focused.

The project is part of the Dubai Countryside and Rural Areas Development Master Plan, a comprehensive strategy aimed at preserving the natural character of these areas while introducing high-quality recreational services.

Image credit: Dubai Media Office/Website

Supporting Dubai 2040 vision

The developments also contribute to the objectives of the ‘Year of the Family’ and support the Dubai 2040 Parks and Afforestation Strategy. The strategy targets the development of more than 630 parks across the emirate, with the goal of enhancing quality of life, improving the urban environment, reducing heat emissions and strengthening Dubai’s sustainability credentials.

Marwan Ahmed bin Ghalita, director general of Dubai Municipality, said the initiative reflects a broader commitment to community wellbeing.

“Enhancing wellbeing across public and recreational spaces for Dubai’s citizens, residents and visitors is a core objective within a comprehensive strategic vision to develop a harmonious urban ecosystem that places people and their families at the centre of planning,” he said.

“Through accessible parks, public spaces, and recreational facilities designed to be part of daily life, we aim to promote comfort, wellbeing, and quality of life. The projects to develop Dubai’s rural and desert areas are among the key initiatives receiving the leadership’s close attention and represent a priority for Dubai Municipality, reaffirming our commitment to providing integrated community environments that enrich people’s daily lives and strengthen their connection with their surroundings.”

Image credit: Dubai Media Office/Website

Facilities designed around community needs

Bader Anwahi, CEO of the Public Facilities Agency at Dubai Municipality, emphasised that the Lehbab and Nazwah developments were designed in direct response to community feedback.

He explained that the project prioritises accessible and diverse sports and recreational facilities that encourage both physical activity and social interaction.

The approach reflects Dubai Municipality’s commitment to delivering specialised projects tailored to the unique character of each area, while enhancing service quality and improving the attractiveness of public spaces.

At Lehbab (1), the plaza now features two football pitches, a volleyball court, a basketball court, a running track, a dedicated warm-up and multi-use area, outdoor fitness equipment, and two children’s play zones fitted with rubber flooring.

Lehbab (2) includes a football pitch, volleyball and basketball courts, a running track complemented by fitness equipment, and a children’s play area with safe rubber flooring.

In Nazwah, comprehensive development works included ground levelling, installation of newly designed surfaces, football, volleyball and basketball courts, a running track, and a children’s play area.

More parks on the way

The upgrades are part of a broader pipeline of countryside improvements. Dubai Municipality is currently developing Margham and Al Lisaili parks, which will feature football pitches, sand running tracks, landscaped seating areas, decorative planting, advanced lighting systems and smart surveillance cameras to enhance safety and comfort. During the first phase, volleyball courts have already been inaugurated.

The Dubai Countryside and Rural Areas Development Master Plan aligns closely with the Dubai 2040 Urban Master Plan, underscoring the emirate’s long-term strategy to build inclusive, sustainable and community-driven environments.

With the opening of the Lehbab and Nazwah plazas, Dubai takes another step toward ensuring that its rural areas are not only preserved but also enhanced, offering residents modern amenities while maintaining the natural charm that defines the countryside.

AKI’s Zaid Al Khayyat on building a connected healthcare ecosystem in the UAE

Zaid S Al Khayyat, managing director of AKI, discusses how the group’s integrated healthcare platform—from diagnostics and pharmaceuticals to logistics and retail—is supporting the UAE’s ambition to become a global medical hub

Rajiv Pillai
Rajiv Pillai

19 February, 2026

AKI’s Zaid Al Khayyat on building a connected healthcare ecosystem in the UAE
Zaid S Al Khayyat, managing director of AKI/Image: Supplied

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At World Health Expo 2026, AKI highlighted its integrated healthcare ecosystem driving better patient outcomes in the UAE. Leveraging diagnostics, pharmaceuticals, retail, and advanced logistics, AKI focuses on partnerships, digital innovation, and operational excellence. They aim to support the UAE's ambition to become a global medical hub by attracting international partners and translating innovations into regional solutions.

At World Health Expo 2026 in Dubai, Zaid S Al Khayyat, managing director of AKI, outlined how the diversified group is leveraging its integrated healthcare ecosystem to drive better patient outcomes across the UAE and the wider region. With operations spanning diagnostics, pharmaceuticals, retail pharmacy, wellness and advanced logistics, AKI has positioned itself as a key player in the country’s expanding healthcare landscape.

In conversation, Al Khayyat highlighted the importance of partnerships, digital innovation and operational excellence in supporting the UAE’s ambition to become a global medical hub.

How is AKI Healthcare leveraging its integrated ecosystem—from preventative care to advanced logistics—to drive better patient outcomes, and what are some early indicators of success?

AKI has long been at the forefront of the holistic healthcare and wellness industry, enabling people across the region to lead healthier lives. Our founder and chairman, Dr. Saad F. Al Khayyat, is a surgeon by education. We have always believed in putting people first while building systems that set high standards and keep pushing them even higher.

We do this by approaching healthcare as a truly connected ecosystem. Whether it is preventative care, advanced diagnostics or pharmaceuticals, we show up with real scale, real capability and real impact. Today, we provide cutting-edge diagnostic tools through our AKI Medlab business, deliver trusted medications through AKI Pharma, bring wellness and care directly to communities through BinSina Pharmacy, and help elevate personal fitness and wellness journeys through Befit Middle East. These operations are all underpinned by AKI Logistics capabilities, which help us move faster, scale smarter and operate more efficiently.

What specific innovations or strategic collaborations discussed at World Health Expo 2026 do you see having the greatest potential to transform healthcare delivery in the UAE and the wider region?

The rapid pace of technological advancement was visible everywhere, from AI-supported digital health solutions to breakthroughs in biotech and biomanufacturing. These hold great promise in the UAE, considering the nation’s forward-thinking investments in digital infrastructure and innovation. The next frontiers of wellness, healthy ageing and longevity were also previewed in great detail at the Expo, and are topics we see as increasingly important to our region.

More broadly, World Health Expo 2026 is a valued forum to engage the entire healthcare community at once. We were grateful to spend time with AKI’s current partners, who continue to collaborate with us, challenge us and grow with us, as well as with new potential partners. The future of healthcare transformation will ultimately be built on strong partnerships, with everyone working together to create a more connected model of care.

With the UAE’s ambition to become a global medical hub, how is AKI positioning itself to attract or support international healthcare partners beyond the region?

Healthcare has always been at the heart of AKI’s story. As we have grown into a diversified group of more than 12,000 people, our healthcare capabilities have expanded alongside the UAE’s ambition to build a world-class healthcare system.

Part of that expansion has come from AKI’s dual commitment to the highest global standards as well as personalised care that is community-centric and people-first. This combination allows us to translate international innovations into solutions and services that resonate with those living in the region.

Meanwhile, continued investment in our logistics infrastructure enables us to scale volumes across increasingly complex operations and handle specialised, healthcare-sensitive items, including deep-freeze gene therapy products and radioactive materials.

Given the rapid evolution of diagnostics and pharmaceuticals, how is AKI balancing legacy operational strengths with innovation to stay competitive and patient-centric?

Our roots in healthcare go back to 1965. Precision, reliability and genuine care have been hallmarks of our business. Where we are today is a testament to the trust that AKI has built over many decades with our international partners and local communities.

But the world has changed a lot since then. That is why we never stand still. We keep pushing ourselves to do better, to think smarter and to create meaningful impact in people’s lives every single day. With a legacy rooted in excellence and a constant focus on innovation, we are able to stay agile in a highly dynamic industry. We can embrace new ideas quickly and remain competitive in every domain we choose to enter.

By doing so, AKI continues to play a vital role in shaping the region’s healthcare landscape, aligned with the UAE’s vision to be a global medical hub.

The AI arms race: How is technology disrupting economies?

Artificial intelligence has moved from experimentation to a defining force, reshaping economies, industries, and societies while demanding purposeful and responsible adoption

Mohamed Abdelrazek
Mohamed Abdelrazek

19 February, 2026

The AI arms race: How is technology disrupting economies?
Image: LinkedIn

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AI is rapidly transforming economies and industries, moving beyond optional adoption to a necessity for competitiveness. It enhances productivity, redefines financial systems, and drives economic resilience. Addressing skills gaps and ethical integration are crucial challenges. Successful AI implementation, coupled with strong governance and human focus, will determine future global prosperity and inclusive progress.

Artificial intelligence has entered a pivotal stage in its evolution. What began as an experimental technology is now a defining force shaping economies, industries, and societies worldwide. From enhancing productivity to transforming how we make decisions, AI has become a central pillar of competitiveness. We have long ago left behind the possibility that AI adoption is optional; now, we must define how we use it to create sustainable value, bridge skills gaps, and ensure equitable progress.

Much like the arrival of the internet three decades ago, most would agree that AI is now an integral element of many parts of everyday life, and its influence is set to extend to every sector of the economy, every type of job, and every level of society in the coming years.

While the global conversation on AI often focuses on competition, this is not a race to be the fastest; the focus is on effectiveness, or who harnesses AI most productively to drive sustainable growth, inclusion, and progress.

The technology is shaping boardroom decisions, redefining industries, and transforming how consumers live, work, and interact. According to McKinsey, 78 per cent of organisations worldwide are now using AI in at least one business function, compared with 55 per cent a year earlier. This acceleration marks the beginning of a new economic cycle driven by informed intelligence, not simple automation.

Growth in productivity

AI is enhancing productivity across industries, from manufacturing and logistics to healthcare and financial services. In banking, it enables smarter risk modelling, real-time fraud detection, and more personalised customer experiences. It also improves operational efficiency by automating repetitive processes and allowing professionals to focus on creative and strategic work.

The potential economic value is immense. McKinsey estimates that generative AI alone could lift the productivity of the global banking sector by between 2.8 and 4.7 per cent of annual revenues. This translates into stronger financial performance, but more importantly, it enhances human potential. When technology takes over what is, by nature, mechanical, people gain time to innovate, collaborate, and solve higher-order challenges.

AI, therefore, creates an economy that is faster, smarter, and ultimately more human in its value creation.

Redefining financial systems and economic value

In financial services, AI is redefining how value is generated and distributed. Hyper-personalised products, predictive analytics, and adaptive fraud detection systems are improving efficiency and building greater trust. On a broader level, AI-driven insights are influencing capital allocation, investment strategies, and risk management, fundamentally changing how economies function.

Financial institutions that use AI responsibly are finding new ways to enhance transparency, accessibility, and customer confidence. They are improving credit assessment, enhancing financial inclusion, and building resilience into the financial system, all through combining data and decision science.

Economic impact and challenges ahead

AI is becoming a cornerstone of economic resilience. It unlocks efficiency gains, enables new business models, and creates smarter resource allocation. Yet the true challenge for governments and industries is more about the integration process: how can we embed AI responsibly, ethically, and at scale?

This requires significant investment in people. 46 per cent of business leaders globally cite skill gaps as a major barrier to AI adoption, and job postings related to agentic AI have increased almost tenfold over the past year. The economies that prioritise digital education, data literacy, and reskilling will be the ones that unlock the full potential of AI. Those who do not will struggle to keep pace with transformation.

For the GCC, this point in time holds a particular promise. With diversification at the heart of every national strategy and agenda, AI can accelerate growth across finance, manufacturing, logistics, and public services. It can help create high-skilled employment, expand digital inclusion, and position the region as a leader in innovation-driven economic development.

Leading responsibly in an intelligent future

The AI arms race is not a race to build the most powerful systems; it is a race to use such systems most effectively. According to reports, generative AI could create between $2.6tn and $4.4tn in value across global industries. This scale of impact will determine which economies lead in the next decade.

AI should be seen as a toolkit for growth, inclusion, and resilience, and as an enabler of progress, not a threat to it. Economies that combine technological investment with strong governance, clear ethics, and a focus on human capability will shape the next chapter of global prosperity. We must all consider how to adopt AI with purpose, while ensuring the technology serves people, drives innovation, and builds a future defined by shared progress.

The writer is the group head of Technology, Transformation & Information at Mashreq.

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