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GenAI can unlock $23.5bn in annual GCC growth: report

Generative AI (GenAI) could unlock $23.5 billion in annual economic growth across the GCC by 2030, with Saudi Arabia and UAE experiencing the largest impact, with a potential combined gain of $17.5 billion annually. 

This is according to Strategy& Middle East, part of the PwC network, which predicts that the GCC region could realise approximately $9.9 of economic growth for every $1 invested in GenAI

Link: http://www.tradearabia.com/news/IT_411324.html#:~:text=Generative%20AI%20(GenAI)%20could%20unlock,gain%20of%20%2417.5%20billion%20annually

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