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Emirates is using artificial intelligence to change the future of the world's financial sector

news agency wam , 16 Oct 2024 - 12:03

Supporting the transformative power of artificial intelligence, which has been revealed in a wide range of economic sectors, especially in the financial and banking sectors, the United Arab Emirates has said that it is using artificial intelligence to reshape the future of the global financial sector.


According to Amac News: Official data shows that the UAE has become one of the active and pioneering countries in technological innovation and solutions based on artificial intelligence, as well as creating a nurturing, stimulating and supportive environment to accelerate digital transformation.
Through these efforts, the UAE aims to increase the share of the digital economy in the GDP to 20 percent by 2031, the statement said.
CEOs of international companies specializing in the financial sector on the continuous and diligent efforts of the United Arab Emirates to increase trust in the financial system and create a safe and favorable investment environment through the integration of national plans and projects, along with the establishment of strong governance frameworks to ensure the use They emphasized safe and effective artificial intelligence technologies.


Story Code: 1791

News Link :
https://www.amacnews.com/en/news/1791/emirates-is-using-artificial-intelligence-to-change-the-future-of-world-s-financial-sector

AMAC
  https://www.amacnews.com