Experts at the Arabian Business Technology Forum have warned that the ‘hype’ surrounding AI is blinding many businesses to its possible applications
Soren Nikolajsen
No more bank mergers expected in Saudi Arabia, says Central Bank Governor
Central Bank Governor Ahmed Al-Kholifey said that deflation is unlikely in Saudi Arabia due to consumer demand and real estate loans
It’s all about new ideas at Saudi Arabia’s oldest bank
On the cusp of a historic merger, Saudi Arabia’s oldest bank is using AI – and coffee – to reach out to a young, tech-savvy population
Riyadh bank’s ‘coffee shop’ branch helps lure new customers
Alawwal managing director Soren Nikolajsen says the Ibda cafe bank branch in Riyadh’s Nakheel Mall is ‘by far’ the most active of the bank’s branches, with a higher proportion of young and female customers
Saudi Arabia’s Alawwal Bank training all employees in AI
Alawwal Bank managing director Soren Nikolajsen said that the courses also show the limitations of AI technology and what it can currently do
The Gulf merger wave: What’s next for the banks in the region?
Abu Dhabi’s three-way bank merger is set to create a $114bn financial giant
Saudi Arabia’s Alawwal Bank, SABB merger “on track” for H1 completion
The merger will create the kingdom’s third largest bank