Browsing: risk management

H.E. Abdulaziz Al-Ghurair, Chairman of UAE Banks Federation (UBF), the sole representative and unified voice of the UAE banks, said that the increase in consumer confidence in the UAE banking sector from 84% in 2022 to 90% in 2023 reflects its continuous development, as customer trust is an important pillar in banking and finance. He explained that the UAE ranks above the global average in the Trust Index and ranks higher than prominent international financial centres, which confirms the banking sector’s ability to meet the requirements of diverse customer segments.

Abu Dhabi’s International Holding Company (IHC) has appointed an artificial intelligence (AI)-enhanced observer to its board of directors, marking a groundbreaking move for the $239B (AED 876B) conglomerate in integrating AI into corporate governance and decision-making.

Discover the forefront of energy innovation at Middle East Electricity 2024 Dubai 49th edition, the…