The 8th Middle East Banking AI & Analytics Summit is set to take place at the Hyatt Regency Riyadh Olaya, Saudi Arabia, on May 8, 2024. This exclusive in-person gathering is an important event for banking and financial services professionals in the Kingdom of Saudi Arabia (KSA), considering the nation’s goal to become a global AI leader by 2030. The summit, aligning with this vision, aims to fast-track AI integration in KSA’s banking sector, which has seen substantial investments in AI, analytics, and other emerging technologies.
Countries in the Gulf region, including the KSA, have heavily invested in NVIDIA hardware throughout 2023. Notable among these is King Abdullah University of Science and Technology (KAUST) which procured approximately 3,000 of Nvidia’s H100 chips. The event is part of KSA’s efforts to proactively accelerate AI adoption and will cover pertinent topics including AI and analytics in banking, roadmap for successful digital transformation, ethical use of data and AI, and building a digital-savvy workforce among others.
The summit offers networking opportunities with thought leaders, roundtables, keynote presentations, and live demos of cutting-edge AI, analytics, digital transformation, and automation solutions from over 15 exhibitors. Participants will also gain insights on the scalability and best use cases of AI and analytics in banking organizations. Over 150 industry leaders from domains such as fintech, retail banking, and risk management will be in attendance.
Confirmed speakers for the event include prominent names in KSA’s banking and financial services industry, such as Yazid Bastami, Chief Strategy Officer at Vision Bank, and Sultan Al-Bayhani, SVP, Head of Open Banking Business Section, Digital Innovation & Partnership Section at Riyad Bank, among others.
In summary, this summit serves as an important platform for enhancing the KSA’s progressive approach towards AI adoption, providing a formative space for thought-leaders across sectors to share insights, discuss strategies, and catalyze advancements in the field of AI and banking analytics.
