I suppose. But Arab are genetically the most similar peoples to the Jewish people, regardless of where we are in the Diaspora. So they are certainly Semitic.
And there are also Y chromosome studies showing a common male founder.
That could be Shem, or it could be Abraham, or it could be any male.
But coupled with long-standing beliefs — and the fact the Arabs are “donkeys of men” “at war with their brother” (a paraphrase) as promised in Genesis, it’s a pretty safe bet that, yes, Arab, are the descendants of Ishmael.