The Bank of Bahrain and Kuwait (BBK) has deployed SymphonyAI’s AI-based anti-money laundering (AML) technology to enhance its transaction monitoring and compliance processes across multiple regions. The scalable platform improves detection accuracy, reduces false positives, and adapts to evolving regulations, strengthening BBK’s fight against financial crime.
Kaspersky has partnered with iPoint in Bahrain to distribute its consumer cybersecurity products, including Kaspersky Standard, Plus, and Premium, along with tools like Kaspersky Safe Kids and Password Manager. This collaboration strengthens Kaspersky’s presence in Bahrain, addressing the growing cybersecurity needs in the region’s rapidly digitizing market.
The session explored how AI can be used to address global challenges such as disease eradication, climate change, and food security.
Prince Khaled bin Alwaleed envisions AI-driven health technology for all Saudis, proposing real-time health monitoring, longevity-focused R&D, and preventive medicine. He calls for transforming Saudi Arabia into a global biotech hub, emphasizing AI and regenerative medicine to extend healthy lifespans and boost the nation’s economy.
A team of researchers from Australia and Bangladesh has developed an advanced machine learning model that detects toxic comments with 87% accuracy. This model outperforms existing methods by reducing false positives, improving content moderation, and offering a more scalable solution for managing harmful online interactions across multiple languages.
Pakistan is establishing state-of-the-art IT parks to drive digital growth and economic development. These parks will support young professionals and entrepreneurs, create jobs, attract foreign investment, and bolster the tech sector. The Islamabad IT park, supported by Korea, will provide resources to foster innovation, research, and industry collaboration.
Mondia has partnered with Amazon to introduce mobile carrier billing for Prime membership in Egypt, enhancing payment accessibility. This integration allows users to sign up for Prime via their mobile carriers, promoting digital inclusion and providing a seamless checkout experience while benefiting from various shopping and entertainment perks.
Aveva has opened a new office in Dhahran, Saudi Arabia, to enhance local service and support digital transformation in line with Vision 2030. The office will provide sales, services, project management, and technical support, and aims to leverage AI, ML, and Data Management to promote industrial sustainability.
Orange Jordan launched the third season of its AI Incubator, in partnership with ISSF and PSUT. The program received 108 applications, shortlisted to 7 finalists. The AI Incubator aims to support AI-based startups and students, enhancing their skills, securing investments, and fostering socio-economic development in Jordan.
LAHINT and EBANAH have signed an MoU at the LEAP 2025 conference to enhance government service automation in Saudi Arabia and Oman. The partnership focuses on cloud computing, AI, and automation technologies, supporting both nations’ digital transformation efforts while aiming for significant revenue growth over the next three years.
