The UAE’s Artificial Intelligence, Digital Economy and Remote Work Applications Office, and Mastercard signed a MoU to increase artificial intelligence capabilities and readiness in the region.
In a bold step towards advancing its technological capabilities, the United Arab Emirates Government has partnered with Mastercard to accelerate the adoption of artificial intelligence. This strategic collaboration aligns with the UAE’s Vision 2031, which aims to integrate AI and other cutting-edge technologies across various sectors, enhancing the nation’s digital infrastructure, promoting innovation, and positioning the UAE as a global leader in AI-driven solutions.
As part of this partnership, Mastercard has established a Global Center for Advanced AI and Cyber Technology in Dubai. The center will focus on pioneering AI-driven solutions to tackle pressing global challenges, especially within the digital and financial ecosystems. It will also drive innovation across sectors, ensuring the UAE remains at the forefront of the global AI race.
“AI plays a critical role in our operations, powering our products and fueling our network intelligence to improve digital experiences while reducing financial fraud and risk,” said Ajay Bhalla, president, Cyber & Intelligence at Mastercard. “The combination of this latest Advanced AI Center and our partnership with the government of the UAE will deliver greater value for our customers and ultimately reinforce trust in the digital ecosystem.”
