Emirates NBD and FAB lead responsible AI index as region's banks close gap with global peers - The National

Summary

Emirates NBD and First Abu Dhabi Bank (FAB) have emerged as leaders in a regional responsible AI index, indicating their commitment to ethical AI practices. The report suggests that banks in the Middle East are progressively narrowing the gap with their global counterparts in adopting responsible AI frameworks. This development highlights the increasing maturity of AI adoption and governance within the region's financial sector. Why it matters: This leadership demonstrates a growing commitment to ethical AI and robust governance among GCC financial institutions, potentially setting a benchmark for responsible AI implementation across the region.