| Sumario: | The article discusses the increasing risks in the construction industry, with several major contractors facing financial difficulties. However, the UAE has shown improvement in construction risk, becoming the ninth least risky market globally. The Middle East, in general, experiences volatility in construction due to its dependence on government spending and supply chain bottlenecks. The UAE's construction market has shown that risk declines as economies diversify. The article also highlights Saudi Arabia's efforts to influence global AI standards and regulations, with the establishment of the Saudi Data and AI Authority and the International Centre for AI Research & Ethics. The presence of female Saudis in the AI industry is also noted, indicating progress in overcoming the lack of foundational skillsets.
|
|---|