Ministry of Investment and"Microsoft" They cooperate in the field of investment analysis and financial forecasts using artificial intelligence
Dubai, October 16 / WAM / Yesterday, the Ministry of Investment signed a memorandum of understanding with Microsoft, to explore opportunities for cooperation in the field of investment analysis and financial forecasts using artificial intelligence techniques.
The memorandum was signed by His Excellency Mohammed Abdul Rahman Al-Hawi, Undersecretary of the Ministry of Investment, and Amr Kamel, General Manager of Microsoft UAE, during the GITEX Global 2025 exhibition.
Under the memorandum, the two sides will explore opportunities to develop the skills of the Ministry of Investment’s workforce through the “National Skills for Artificial Intelligence” initiative, which is a comprehensive program from Microsoft that aims to raise the efficiency of 100,000 government employees across various government institutions.
The memorandum also includes cooperation in identifying and applying artificial intelligence use cases across specific sectors, in particular investment analysis, financial forecasting, and improving people’s performance.
The two sides will cooperate to promote best practices in the field of data governance and management, by organizing workshops and knowledge exchange sessions on how to effectively use Microsoft’s Azure Data Catalog and Azure Purview services. Local experts from the company will support these endeavors to ensure the highest standards of implementation.
On this occasion, His Excellency Mohammed Abdul Rahman Al-Hawi said that the Ministry of Investment is committed to supporting the country’s vision to assume a leading global position in the field of artificial intelligence by 2031. He added that by integrating artificial intelligence into the investment system and enhancing national capabilities, cooperation with Microsoft constitutes an important step to achieve this ambition and accelerate the path of progress towards an economy based on knowledge and innovation.
For his part, Amr Kamel welcomed Microsoft UAE’s cooperation with the Ministry of Investment to use the capabilities of artificial intelligence and advanced data analytics in shaping the investment system in the country.
He explained that the goal of this memorandum is to combine the company’s extensive experience in the field of artificial intelligence, and the Ministry’s strategic vision to provide its cadres with the necessary skills and tools to make data-based decisions, open new horizons for investment, and advance the wheel of innovation in the national economy.
The cooperation of the Ministry of Investment and Microsoft represents an important step towards achieving the UAE’s ambition to become a global leader in investment strategies based on artificial intelligence and data.
By adopting advanced artificial intelligence capabilities, refining workforce skills, and applying best practices in the field of data management, the UAE is working to consolidate the foundations of its investment system, stimulate innovation, and enhance its ability to seize emerging opportunities in the global digital technologies and artificial intelligence landscape.
- For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Related
