The UAE Ministry of Economy launched a comprehensive asset management policy aimed at improving the possession, operation, and safe transportation of assets, with a commitment to standards such as ISO 55001 to ensure protection and sustainability.
Trends in Asset Management for 2025: The asset management sector is expected to witness significant growth thanks to artificial intelligence and machine learning, with the global market value for AI-driven asset management projected to reach $33.25 billion by 2033.
Cybersecurity in Asset Management: Spending on cybersecurity increased by 50% between 2019 and 2023, with companies focusing on incident response plans to ensure the protection of digital assets.