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Adopting AI technology can contribute $150bn to GCC economies, McKinsey says

Report: AI technology integration can contribute $150bn to GCC economies

LONDON: Embracing artificial intelligence technology could boost Gulf economies by $150 billion, equivalent to about 9 percent of their combined GDP, according to a recent report by Global consultancy McKinsey. The research indicates that this estimate might be quickly surpassed, given the rapid advancements in technologies like generative AI. Vinay Chandran, partner at

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