GT Advisors Adds France, Spain & Belgium

This article outlines a strategic AI governance framework for UAE organizations, supporting the UAE National Strategy for Artificial Intelligence 2031. It addresses the “black box” problem in AI decision-making and proposes a shift to transparent “glass box” systems. Key components include data integrity, explainable AI (XAI), human-in-the-loop accountability, and continuous auditing aligned with standards like ISO 42001 and NIST AI RMF. The article also explores quantum risks and offers practical steps for future-proofing AI governance. Grant Thornton UAE provides tailored support to help UAE enterprises lead in ethical, compliant AI adoption.

The UAE’s business landscape has undergone a remarkable transformation from an era when customs duties were the primary regulatory touchpoint to today’s sophisticated tax ecosystem. The next significant milestone is the rollout of e-invoicing - a move that signals not just a VAT-related change but a broader shift toward digitalisation and real-time tax transparency. This evolution underscores the UAE’s commitment to aligning with global best practices while challenging businesses to rethink their operational and technological readiness.

What’s become increasingly clear from Grant Thornton’s latest International Business Report (IBR) research is that these businesses view sustainability as a path to growth, not an obstacle – and certainly not a compliance box to be ticked. They value the commercial opportunities sustainability can bring and are putting significant resource behind it. We see that firms in all regions remain committed to sustainability, largely because of the long-term benefits they perceive it brings to profit, revenue and international expansion. As such, their drive to build sustainability within their businesses is unwavering. It is a drive from which I believe we will all benefit.

Discover how recent amendments to the UAE VAT Executive Regulations set the stage for the country’s e-invoicing mandate. Learn about key regulatory changes, industry implications, and how Grant Thornton UAE can help your business prepare for digital VAT compliance.