In an era dominated by rapid technological advancements, artificial intelligence (AI) has emerged as a transformative force across various industries, with banking being one of the most affected sectors. The Union of Arab Banks published a report entitled “Artificial Intelligence Applications in the Service of Arab Banks” in February 2025; they discuss how AI is reshaping the banking landscape by enhancing operational efficiency, optimizing risk management, and revolutionizing customer service. Over the past decade, global banks have invested heavily in AI technologies to streamline processes, provide personalized financial solutions, and improve security measures. Reports indicate that AI could contribute as much as $15.7 trillion to the global economy by 2030, with a significant portion of this impact stemming for increased productivity and enhanced consumer experiences. The banking sector, particularly in the Arab World, stands at a crucial juncture where AI adoption presents significant opportunities while simultaneously posing considerable challenges that must be addressed strategically.
For the full report, click on the below link:
The Role of Artificial Intelligence in Transforming Arab Banking