Kuwait Institute of Banking Studies hosts groundbreaking event on ‘AI’

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KUWAIT CITY, May 5: Ms. Rana A. Al Nibari, Director General of the Kuwait Institute of Banking Studies (KIBS), continues the Institute’s tradition of pioneering innovation in the banking and financial sector with an event that features the globally renowned speaker, Mo Gawdat, in his Kuwait debut. The event, titled “AI: Scary Smart,” promised to delve into the transformative realm of artificial intelligence and its profound impact on technology and society.

The event took place at The Four Seasons’ Al Bidaa Ballroom Bon Sunday, April 28, this event has captivated audiences with insightful discussions and groundbreaking perspectives. The event boasted prestigious exclusive sponsorship from two main industry leaders, Boubyan Bank and Zain Kuwait. Renowned for their commitment to innovation, these esteemed organizations are dedicated to propelling progress within the fintech landscape. Their steadfast support underscored the pivotal role of this event in shaping the future of banking and technology in Kuwait. The event’s exhibitor sponsorships highlighted three leading members of KIBS’ banking consortium: The National Bank of Kuwait, Commercial Bank of Kuwait and Ahli Bank of Kuwait.

The event saw the presence of esteemed economic figures hailing from the banking, financial and various other sectors, alongside individuals keen on delving into the realms of artificial intelligence, its pivotal technologies and the significant strides anticipated in the years ahead. Al-Nibari added that Mo Gawdat, former Chief Business Officer at Google [X] and bestselling author, had lead a thought-provoking session exploring how individuals can leverage technology and innate intelligence to create a brighter future. He also delved into the implications of AI on business development and the broader economy, shedding light on the transformative potential of this rapidly evolving field. After the first segment that shone the spotlight on Gawdat, industry experts partook in a panel where, with Gawdat, explored new dimensions in the field of artificial intelligence.

Dr. Jenan Bin Salameh from Boubyan senior management, Mr. Duaij Al Oud from Zain Kuwait Chief Technical Officer and Mr. Yousef Al Kateefifrom National Bank of Kuwait Head of Global IT Operations & IBG Technology joined forces on the stage as they presented new perspectives from their extensive experiences. The event culminated in a dynamic Q&A session with the audience, moderated by Eng. Suha Isaac, Head of Training at KIBS, providing attendees with the opportunity to engage directly with Gawdat and gain valuable insights. Mo Gawdat is a leading expert on happiness and artificial intelligence, renowned for his groundbreaking research and insightful perspectives. With a distinguished career spanning over three decades in the tech industry, Gawdat has dedicated his expertise to promoting happiness and advancing AI research. His bestselling book, solve for Happy, and the #OneBillion- Happy initiative have garnered global acclaim, reflecting his commitment to spreading joy and positivity. Established in1970, the Kuwait Institute of Banking Studies (KIBS) has been a cornerstone of excellence in banking education and professional development. Committed to empowering individuals with cutting-edge knowledge and skills, KIBS offers a comprehensive range of programs and services tailored to the evolving needs of the banking and financial sector.

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