Gulf Leadership in Artificial Intelligence Spurs Lebanon’s Private Sector

Lebanon ranks 82nd globally in the 2024 Government AI Readiness Index (Lebanon AI Conference)
Lebanon ranks 82nd globally in the 2024 Government AI Readiness Index (Lebanon AI Conference)
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Gulf Leadership in Artificial Intelligence Spurs Lebanon’s Private Sector

Lebanon ranks 82nd globally in the 2024 Government AI Readiness Index (Lebanon AI Conference)
Lebanon ranks 82nd globally in the 2024 Government AI Readiness Index (Lebanon AI Conference)

Lebanon is joining the global artificial-intelligence wave, albeit with limited resources and mostly private initiatives, at a time when Gulf states are leading the region in deploying AI to boost national economies.

Expectations point to long-term, exceptional growth in this promising sector, which is attracting sizable investments aimed at modernizing societies and enhancing performance across both productive sectors and public services.

In remarks to Asharq Al-Awsat, AI specialist Hilda Maalouf noted that Gulf governments and private industries are moving in tandem to integrate AI across their systems.

She highlighted the region’s strong readiness, supported by major government-backed investments in advanced technologies and fast-expanding data-center infrastructure, particularly in Saudi Arabia and the UAE.

Lebanon, by contrast, faces deep structural hurdles, especially in the public sector. Still, Maalouf, an Oxford-certified AI expert, told Asharq Al-Awsat that the country retains a dynamic private sector and high-caliber talent striving to stay competitive in IT and AI, despite crippling power outages and a weak internet network that has stalled the rollout of 5G.

According to Omar Hallak, partner and head of the public-sector practice at global data and AI consultancy Artefact, the Gulf’s ambitious national strategies have put it far ahead of other regional countries.

Readiness rankings confirm this: the UAE ranks 13th globally in the 2024 Government AI Readiness Index, followed by Saudi Arabia (22nd) and Qatar (32nd). Lebanon stands at 82nd worldwide.

These disparities, Hallak explained, reflect the widening gap between Gulf economies -now reaping the rewards of sustained tech investment - and countries like Lebanon, whose digital infrastructure and economic crises continue to hinder progress. Despite strong local talent and emerging startups, Lebanon’s AI transition remains slow due to limited government support and weak investment.

Gulf states have forged strategic partnerships with global tech giants such as Microsoft and OpenAI, attracting major cloud-computing providers to build advanced infrastructure.

Their remaining challenge is a shortage in national technical skills, where Lebanon, ironically, excels. Yet Lebanon continues to lose talent to migration while lacking the infrastructure to retain it.

Most Gulf strategies now focus on attracting global experts in data science and AI, in addition to training local citizens. Saudi Arabia aims to train 20,000 specialists by 2030, while leading universities, including King Saud University and the Mohamed bin Zayed University of Artificial Intelligence, are expanding AI programs.

Economically, AI is expected to add $260 billion to Gulf economies by 2030, with Saudi Arabia alone projected to gain $135 billion (12.4% of GDP) and the UAE about $96 billion (13.6%). The World Economic Forum reports that Gulf economic prospects already outpace global averages, driven by technological transformation.

According to analysts, AI adoption will enhance productivity, reduce bureaucracy and corruption, and stimulate public–private partnerships. Gulf states are particularly well-positioned in finance, energy, health care, and education. In Lebanon, AI’s most promising impact lies in service-based sectors such as tourism, transport, finance, education, and health.

Hallak added that sectors rich in data, including public services, finance, energy, manufacturing, and telecommunications, will be the primary drivers of AI adoption across the region, especially in economies where energy and natural resources remain central to growth.



ECB President Lagarde Reportedly Plans to Quit Before Macron's Term Ends

FILE PHOTO: European Central Bank (ECB) President Christine Lagarde addresses the press following the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, February 5, 2026. REUTERS/Jana Rodenbusch/File Photo
FILE PHOTO: European Central Bank (ECB) President Christine Lagarde addresses the press following the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, February 5, 2026. REUTERS/Jana Rodenbusch/File Photo
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ECB President Lagarde Reportedly Plans to Quit Before Macron's Term Ends

FILE PHOTO: European Central Bank (ECB) President Christine Lagarde addresses the press following the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, February 5, 2026. REUTERS/Jana Rodenbusch/File Photo
FILE PHOTO: European Central Bank (ECB) President Christine Lagarde addresses the press following the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, February 5, 2026. REUTERS/Jana Rodenbusch/File Photo

European Central Bank President Christine Lagarde plans to leave her job before next year's French presidential election to allow Emmanuel Macron to have an input into picking her successor, the Financial Times reported on Wednesday.

Lagarde's term is due to end in October 2027 but some fear that the far right may win the French presidential race ‌in the spring of ‌2027, complicating the selection for the ‌new ⁠leader of Europe's most ⁠important financial institution.

Citing a person familiar with the matter, the FT said Lagarde has not yet decided on the exact timing of her departure but was keen on Macron and German Chancellor Friedrich Merz to be the key deciders in who succeeds her. Macron cannot run again for a third term.

"President Lagarde is ⁠totally focused on her mission and has not ‌taken any decision regarding the end ‌of her term," Reuters quoted an ECB spokesperson as saying.

The FT report comes only ‌a week after Bank of France Governor Francois Villeroy de Galhau ‌said he would step down in June this year, more than a year before the end of his term, allowing Macron to name his replacement before the presidential election that the far-right could win.

While it ‌will be up to all leaders from the 21-nation euro zone to pick Lagarde's successor, ⁠past practice ⁠suggests that any successful candidate must have both German and French support to clinch the role.

There are no formal candidates for the job yet but several names have been floating among ECB circles as potential ECB presidents. The most prominent among these are former Dutch central bank chief Klaas Knot and Bank for International Settlements General Manager Pablo Hernandez de Cos.

Lagarde's non-renewable term at the ECB runs until October 31, 2027. Prior to heading the ECB, she was managing director of the International Monetary Fund from 2011 to 2019 and before that, the French finance minister.


UK Inflation Falls to 3.0% in January

Pedestrians cross Westminster Bridge in front of Parliament during the early morning hours in London, Tuesday, Feb. 10, 2026.(AP Photo/Kin Cheung)
Pedestrians cross Westminster Bridge in front of Parliament during the early morning hours in London, Tuesday, Feb. 10, 2026.(AP Photo/Kin Cheung)
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UK Inflation Falls to 3.0% in January

Pedestrians cross Westminster Bridge in front of Parliament during the early morning hours in London, Tuesday, Feb. 10, 2026.(AP Photo/Kin Cheung)
Pedestrians cross Westminster Bridge in front of Parliament during the early morning hours in London, Tuesday, Feb. 10, 2026.(AP Photo/Kin Cheung)

Britain's annual ‌rate of consumer price inflation fell to 3.0% in January from 3.4% in December, official figures showed on Wednesday.

A Reuters poll of economists had shown a median forecast of 3.0% in January and the Bank of England projected earlier this month that the headline measure of inflation would slow to ‌2.9%.

British inflation ‌has run higher than in ‌the ⁠United States and in ⁠the euro zone where it stood at 2.4% and 1.7% respectively in January.

But the BoE expects the pace of price rises to slow sharply to almost its 2% target in ⁠April as last year's rises ‌in utility costs and ‌other government-controlled tariffs fall out of ‌the annual comparison.

Investors expect the central bank ‌to cut its benchmark interest rate to 3.5% at its next meeting in March after a tight vote to keep borrowing costs ‌on hold in February although some policymakers remain worried about underlying ⁠inflation ⁠pressure.

Financial markets on Tuesday also priced a second quarter-point interest rate cut by the BoE by the end of in 2026.

ONS data last week painted a downbeat picture of Britain's economy at the end of 2025 with output barely growing. Figures released on Tuesday showed the labor market was still losing jobs although there were some signs of a stabilization.


Riyadh to Host Middle East’s Largest General Aviation Airshow in November 

The AERO Middle East x Sand & Fun 2026 will be held in Riyadh from November 24 to 28. (SPA)
The AERO Middle East x Sand & Fun 2026 will be held in Riyadh from November 24 to 28. (SPA)
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Riyadh to Host Middle East’s Largest General Aviation Airshow in November 

The AERO Middle East x Sand & Fun 2026 will be held in Riyadh from November 24 to 28. (SPA)
The AERO Middle East x Sand & Fun 2026 will be held in Riyadh from November 24 to 28. (SPA)

The Saudi Aviation Club announced that it will organize the AERO Middle East x Sand & Fun 2026 in Riyadh from November 24 to 28, reported the Saudi Press Agency on Tuesday.

The event is set to be the largest of its kind for general aviation in the Middle East, combining international business, investment, and innovation with live flying displays and interactive public experiences. It is being held in partnership with Messe Frankfurt Saudi Arabia.

Held at Thumamah Airport, the exhibition will bring together leading global companies operating in the general aviation industry, including aircraft and components manufacturers, avionics and navigation systems providers, as well as maintenance, repair, and overhaul (MRO) companies, offering an integrated platform that covers the full value chain of the sector.

The event will also spotlight startups in advanced air mobility (AAM) and innovators of electric vertical take-off and landing (eVTOL) aircraft, showcasing technologies and business models shaping the future of aviation.

General Supervisor of the Saudi Aviation Club Dr. Ahmed Alfahaid stated that AERO Middle East x Sand & Fun 2026 represents a qualitative leap for the Kingdom’s aviation sector and reinforces its positioning as a global hub for general aviation and advanced air mobility.

The partnership with Messe Frankfurt Saudi Arabia goes beyond presenting global innovations to providing a vital platform for international investment and strategic collaboration, he stressed.

Moreover, the event contributes to achieving Saudi Vision 2030 objectives, including the Kingdom’s ambition to rank among the world’s top 10 general aviation markets, he added.