Automation: Boon or bane?
Although we find ourselves well into the digital age, MENA countries have traditionally lagged behind the global competition. However, the so-called ‘4th Industrial Revolution’ has now officially entered MENA markets, bringing with it automation and Artificial Intelligence (AI). The momentum shows no sign of abating. While Saudi Arabia and the United Arab Emirates (UAE) are both seen as the pack leaders, automation is being introduced across the region. This week, we deep-dive into automation looking specifically at how:
- It is being adopted in both private and public sectors in MENA.
- Challenges lie ahead for policy-makers as unemployment is already widespread in the region.
- The MENA frontrunners lag behind other developed economies with regard to the automation of warehouse and logistics sectors.
Florence Eid-Oakden, Ph.D, Chief Economist
Abdelgadir Shukri, Analyst
The Regional Views series are thematic papers aimed at identifying and analysing factors behind medium to long-term economic trends shaping the region. Our analysis draws conclusions that help businesses and investors get ahead of the curve. As a firm staffed by Middle Easterners, we focus on insight rather than standard analysis.
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