Sharjah Chamber Workshop Outlines AI Potential for Global Economic and Investment Shifts

The Sharjah Training and Development Centre, an affiliate of the Sharjah Chamber of Commerce and Industry (SCCI), recently held a workshop titled "Artificial Intelligence and Investment Compass." This session aimed to raise awareness about digital transformation and help the local business community keep pace with technological changes. Leadership from the Chamber attended to reinforce the strategic importance of these tools for the emirate's economic future.

Expert Dr. Obaid Saleh Al-Mukhtin led the discussion, focusing on AI's massive potential impact on economies and labor markets. Projections suggest that artificial intelligence could add up to $15.7 trillion to the global economy by 2030. Furthermore, data indicates that every dollar invested in AI solutions can yield an estimated $4.60 in indirect economic returns for businesses. This highlights a lucrative opportunity for companies to scale within the digital landscape.

H.E. Mohammed Ahmed Amin Al Awadi stated that the UAE's advanced digital infrastructure makes it a prime location for capturing AI driven value. This environment is particularly supportive for small and medium enterprises, allowing them to expand quickly. The workshop also explored the necessity of specialized infrastructure like cloud and quantum computing to drive scalable adoption. Such technologies are becoming fundamental backbones for modern enterprise operations.

Workforce readiness was a major theme, with speakers emphasizing the need to recalibrate investment strategies toward human capital. As some traditional roles are phased out, new opportunities in data analytics and intelligent systems management will take their place. Mastering human machine collaboration was identified as a critical skill for future employees to maintain business competitiveness in the region.

The event concluded by highlighting the UAE’s leadership in AI governance and ethical deployment. By establishing clear regulatory frameworks, the nation provides a safe and stable environment for investment and innovation. This focus ensures that the rapid growth of AI remains aligned with both economic interests and social ethics, fostering trust across the global market.