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Study: Only 11% of banks have cracked the code on trustworthy AI
April 7th, 2026 - 12:18 GMT

Study: Only 11% of banks have cracked the code on trustworthy AI

In banking, trust isn't optional – it's everything. Yet, even as banks accelerate AI investment faster than other sectors, most are deploying AI without the oversight and infrastructure needed to earn that trust. That’s the central tension revealed in new banking insights from SAS’ Data and AI Impact Report: The Trust Imperative, with research insights by IDC. Among the four sectors examined in the study, banking outpaces government, insurance and life sciences both in AI spending and adoption of trustworthy AI practices. In fact, about one-quarter (23%) of banks operate ...
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UAE Keen on Accelerating AI Adoption in Private Sector. (Shutterstock)
March 7th, 2019 - 08:49 GMT

UAE Keen on Accelerating AI Adoption in Private Sector

The accounts were closed after they were found to be selling counterfeit goods. (Pixabay)
March 5th, 2019 - 11:22 GMT

Here's Why Dubai Shut Down Almost 14,000 Business Social Media Accounts

The Saudi Minister of Communications and Information Technology Abdullah Alswaha speaking at the 2019 Mobile World Congress (MWC) in Barcelona. (AN)
March 5th, 2019 - 08:11 GMT

Saudi Arabia Claims Manufacturing 40 Percent of Material Used in Smartphones Displayed at MWC 2019

Huawei CFO Sues Canada for Illegal Arrest. (Shutterstock)
March 4th, 2019 - 10:28 GMT

Huawei CFO Sues Canada for Illegal Arrest

Why Blockchain Is Essential for Energy Players. (Shutterstock)
March 4th, 2019 - 08:18 GMT

Why Blockchain Is Essential for Energy Players

The Huawei Mate 20 Pro is Huawei's latest flagship smartphone. (File/Photo)
March 1st, 2019 - 08:03 GMT

Huawei Mate 20 Pro Awarded "Best Smartphone" at MWC 2019

During the event
February 27th, 2019 - 08:08 GMT

Saudi Telecom Company Signing 5G MoU Agreement With Huawei and Enters Into a New Chapter of Collaboration

Ooredoo Shababiah Monthly plans
February 26th, 2019 - 01:12 GMT

Ooredoo Rolls Out Enhanced New Shababiah Monthly Plans

The country also aims to invest in artificial intelligence technologies for smart sustainable energy systems. (Shutterstock)
February 26th, 2019 - 08:13 GMT

Major Saudi-British Energy, AI Initiative Launched in Saudi Arabia

CEMC 2019, is set to explore issues critical in the crisis and disaster management sector, with a particular focus on Artificial Intelligence, AI, among other policies and frameworks designed to reduce. (Shutterstock)
February 25th, 2019 - 01:41 GMT

AI Tops the Agenda of Crisis and Emergency Management Conference in UAE

Saeed Al Zarouni, Senior Vice President, Mobile Networks
February 25th, 2019 - 01:19 GMT

Etisalat Partners With Huawei in Preparation of the 5G Launch for Consumers

The Nokia 9 PureView - which is priced at Dh2,299 and will be available next month in the UAE - also include a 2K pOLED screen, Qi wireless charging and and in-screen fingerprint sensor. (KhT)
February 25th, 2019 - 01:19 GMT

Nokia Unveils Quintuple-Lens System at MWC

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