UAE AI Office partners with Vista to advance digital economy

WAM

The UAE’s Artificial intelligence, Digital Economy and Remote Work Applications Office has announced a formal partnership with Vista Equity Partners (Vista), a leading global investment firm focused on enterprise.

Announced during the World Government Summit (WGS) in Dubai, the partnership with Vista facilitates the exchange of information, experiences and best practices to develop local technology hubs and centres of excellence integrate digital learning into schools and university curriculums.

In addition, Vista and the AI Office will collaborate to drive digital transformation for local enterprises and governments through dialogue and discussions around the adoption of new technologies, including artificial intelligence and blockchain in the public and private sectors.

Commenting on the partnership, Omar Sultan Al Olama, Minister of State for the AI Office and Managing Director of the WGS, said “Collaborating with the private sectors plays a key role in further consolidating the UAE as a leader in the global digital economy and supporting our efforts to build upon local digital talent and develop the critical skills within the UAE workforce.

The collaboration supports the UAE’s Initiatives of the ‘Next 50’ and ‘Projects of the 50’ programmes to accelerate the region’s development as a comprehensive hub in all sectors and establish its status as an ideal destination for talents and investors, with a focus on development of the UAE innovation ecosystem.

The official signing for entering into this partnership was attended by Fareed Adib, Managing Director, Vista; and Mauro Bonugli, Managing Director of Vista’s OneVista programme.

More from Business

  • Aviation sector contributes $4.1 trillion to global economy

    The UAE's Minister of Economy and Chairman of the General Civil Aviation Authority (GCAA), on Monday emphasised the aviation sector's critical role in the global economy, noting that it accounts for 12 to 13 per cent of GDP in some countries and supports millions of jobs worldwide.

  • Paris AI summit draws world leaders

    World leaders and technology executives are convening in Paris on Monday to discuss how to safely embrace artificial intelligence at a time of mounting resistance to red tape that businesses say stifles innovation.

  • 16% growth in new economic licences in Abu Dhabi during 2024

    The Abu Dhabi Registration and Licensing Authority (ADRA), which develops and regulates the business sector, on Monday revealed significant growth in business licences and compliance indicators in the Emirate's mainland and non-financial economic free zones during 2024.

  • DEWA updates billing on water consumption

    Dubai Electricity and Water Authority (DEWA) has announced that it will adopt the cubic metre as the standard unit for measuring water consumption starting from the March 2025 billing cycle.

  • UAE, Japan to complete CEPA by end of year

    The UAE Minister of State for Foreign Trade, Dr. Thani bin Ahmed Al Zeyoudi, has said negotiations for the Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Japan will be completed before the end of 2025.