Artificial Intelligence investment took centre stage as the Federal National Council (FNC) participated in the Fourth Edition of the Marrakech Economic Parliamentary Forum, held from 19 to 20 June. The event was organised by the Parliamentary Assembly of the Mediterranean (PAM) and the House of Councillors of the Kingdom of Morocco, in partnership with the Parliamentary Network of the World Bank and the International Monetary Fund (IMF).

During a session titled “Fostering Investment in Artificial Intelligence and the Creation of a Euro-Mediterranean and Gulf AI Hub”, FNC member Dr. Ahmed Al Mansouri highlighted the growing importance of Artificial Intelligence investment in shaping the global economy.

He said that artificial intelligence has become one of the most influential factors in economic development. According to him, AI is now widely used in managing economies, analysing markets, advancing industries, improving government services, and strengthening food, healthcare, and education security.

Furthermore, Al Mansouri noted that countries capable of developing artificial intelligence have gained a significant competitive advantage in the global economy. He added that the technological gap has become one of the leading causes of economic and developmental disparities among nations.

He also highlighted the UAE’s early commitment to artificial intelligence. The country was among the first to introduce a national AI strategy, establish a dedicated ministry for AI, and build international partnerships aimed at strengthening and diversifying investment in the sector.

In addition, Al Mansouri pointed to the establishment of the UAE-US Artificial Intelligence Campus in Abu Dhabi as a major milestone. With a capacity of 5 gigawatts, the facility is the largest supercomputing complex outside the United States. He also revealed that investments directed towards artificial intelligence exceeded AED 543 billion during 2024 and 2025.

Moreover, he said the UAE views artificial intelligence as a platform for international cooperation, knowledge exchange, and strategic partnerships. In this context, the Federal National Council proposed enhancing joint investment in AI technologies and establishing a Euro-Mediterranean and Gulf Artificial Intelligence Centre.

The proposed centre would serve as a platform for research, investment, and legislative cooperation. It would also facilitate expertise exchange, support capacity building and innovation, and help develop governance frameworks to ensure the responsible and secure use of artificial intelligence technologies.

Concluding his remarks, Al Mansouri stressed that a more sustainable, equitable, and stable global economic future will depend largely on countries’ ability to keep pace with technological advancements, invest in knowledge, and foster innovation-driven economies.

Meanwhile, discussions during the session underscored the growing role of AI in driving economic growth, industrial transformation, innovation, competitiveness, and new investment opportunities. Participants also emphasised the importance of inclusive governance, responsible deployment, and capacity building.

The debate concluded with broad agreement on strengthening cooperation among governments, parliaments, international organisations, academic institutions, and the private sector. Participants said such collaboration is essential to ensure Artificial Intelligence investment supports sustainable development, economic resilience, and shared prosperity across the Euro-Mediterranean and Gulf regions.

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