With the help of artificial intelligence’s revolutionary potential, which is now visible across a wide range of economic sectors, particularly in the banking and financial industries, the United Arab Emirates remains at the forefront of digital transformation and financial inclusion in the Middle East.
This reinforces its economic growth and prosperity and maintains its dominant position in the global banking industry.
According to official data, the UAE has emerged as one of the leading nations in the development of AI-based solutions and technology, as well as in creating a supportive, exciting, and nurturing environment that accelerates digital transformation.
According to CEOs of multinational corporations with a focus on the financial sector who spoke to the Emirates News Agency (WAM), the UAE is one of the top nations in using technology and artificial intelligence in the financial industry and its stock markets.
Through the integration of national initiatives and projects and the establishment of robust governance frameworks to ensure the safe and efficient use of AI technologies, they emphasised the UAE’s continuous and diligent efforts to improve trust in the financial system and provide a safe and favourable investment environment.
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