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This checklist, developed by Grant Thornton UAE and based on ThoughtLab’s AI maturity framework, guides asset and wealth management leaders through seven pragmatic steps to advance AI maturity. Covering strategy, innovation culture, IT platforms, talent, advanced tools, data management, and governance, the article addresses the unique challenges and opportunities for UAE and GCC firms. It highlights the importance of aligning AI adoption with business goals, regulatory requirements, and local market realities, empowering organisations to move from pilots to enterprise-wide transformation and realise tangible ROI from AI investments.

Generative AI is transforming the UAE insurance sector through automation, personalised services, and advanced risk management. This article examines adoption challenges, responsible AI principles, and governance models that insurers need to stay competitive and compliant.

After challenging times, we have the fantastic opportunity to experience the world coming together to celebrate Expo 2020 here in the UAE. Together with our global network of over 58,000 passionate professionals, Grant Thornton UAE, shares the UAE’s commitment in providing businesses and individuals alike with opportunities and support to create a better tomorrow.

The UAE’s recent changes to its commercial law allowing 100% ownership to non-UAE nationals for mainland businesses, is a testament to the country’s commitment to encourage foreign funding and economic diversification.

The GCC is emerging stronger than ever with diversified and efficient economies becoming magnets for investment and new ideas, and hence, influencing a global shift towards the region. Such seismic shifts will drive new market entrants, along with opportunities to invest in new markets.