Saudi Arabia and the UAE have been ranked 7th and 9th respectively in the Global AI for Finance Competitiveness Index, highlighting their significant strides in AI adoption within financial services. Released by Deep Knowledge Group, the index evaluates 20 countries and 15 city hubs on AI capability and deployment readiness in finance. Saudi Arabia is recognized as the Gulf's fastest-scaling market for AI-enabled finance, driven by state-led investments and a strategic focus on modernizing financial infrastructure. The UAE is noted for its ability to transform AI potential into operational systems within regulated markets, showcasing strong institutional execution and rapid implementation of AI programs. The index underscores a shift from pilot projects to infrastructure-level AI deployment in finance, positioning the Gulf region as a key player in the global AI finance ecosystem.