https://adgully.me/post/3831/uae-calls-for-global-consensus-on-ai-governance

UAE calls for global consensus on AI governance

Dubai: The UAE’s AI minister on Wednesday urged countries to come to a consensus on AI governance sooner than it came to the Paris Agreement, which took years to take shape and come into force.His Excellency Omar Al Olama, UAE Minister of State for Artificial Intelligence, Digital Economy & Remote Work Applications, said at the Dubai Assembly for Generative AI that countries need a fresh approach to governing AI.“I think the current global discussion on AI governance is a non-starter. Instead of attempting to govern the technology, we can govern the use cases,” he said.During the assembly – which witnessed over 2000 attendees coming big tech companies and consultancies such as Microsoft, Deloitte, PwC, IBM – Dubai Future Foundation launched the Dubai Generative AI Alliance, a new alliance of tech companies to help Dubai accelerate the adoption of emerging technologies and build one of the world’s most advanced and effective tech-enabled governments.Khalfan Belhoul, CEO of DFF, called on companies and innovators to join the alliance, which will focus on developing innovative technology pilots by leveraging AI, the metaverse and Web3. The Dubai government also launched ‘Dubai AI’, a generative AI-powered digital city concierge. The city-wide digital platform will offer comprehensive information and services, covering health, business, and education, to residents and visitors. It will transform government services, the assembly heard.The assembly also heard how the global banking sector could benefit by as much as USD 400 billion from the boom in generative AI.The global platform heard from experts from international tech corporations and consultancies. PwC said automation in the workplace is imminent, with generative AI likely to be able to execute everyday tasks, such as booking flights and generating reports autonomously, on a large scale within the next 18-20 months.Deloitte's leading digital expert said nuclear fusion, climate action and drug discovery will be some of the main beneficiaries of generative AI, while the industrial and pharmaceutical sectors are among those quickest to adapt to the emerging technology.Adel Al Redha, Emirates’ Chief Operating Officer, said by November, the airline will “empower cabin crew to leverage [generative AI] through delivering training on complex models”.
https://adgully.me/post/3583/deloitte-hosts-inaugural-financial-crime-symposium-in-riyadh-ksa

Deloitte hosts inaugural financial crime symposium in Riyadh, KSA

Riyadh:– Deloitte hosted its first Financial Crime Symposium in Riyadh, KSA, bringing together key stakeholders and representatives from across different sectors within the Anti-Financial Crime ecosystem.This symposium served as a platform for industry experts to actively participate in panel discussions, where they explored the most recent regulatory changes and emerging trends shaping the financial crime landscape. These discussions included topics such as the strategies and regional challenges related to Anti-Money Laundering, Countering the Financing of Terrorism (AML/CFT) and fraud, the adaptation of AML/CFT and fraud practices to suit the digital economy, and the advancement of innovation through technology."As highlighted during our Financial Crime Symposium in Riyadh, the pursuit of financial crime compliance is not merely a legal obligation; it is a moral and strategic imperative. We need to embrace technology, stay vigilant to the ever-changing risks in the region, and develop innovative solutions to address them, all while managing the risks of the digital economy. Together, we can ensure a prosperous, secure, and compliant financial landscape that will not only serve the interests of Saudi Arabia but also contribute positively to the global economy," said Muzzi Ebrahim, Partner and Leader of Financial Crime and Data Analytics at Deloitte Middle East.The symposium brought to the forefront the critical role of technology in addressing AML/CFT and Fraud typologies. Regulatory mandates now require the implementation of monitoring systems to detect financial crimes. Successfully deploying these systems involves a customized approach that takes into account the organization’s unique characteristics and risk factors. With SAMA actively promoting open banking initiatives throughout the Kingdom, a wealth of data points becomes accessible, allowing for the creation of robust customer risk profiles. The symposium discussions highlighted the importance of such profiles in identifying instances of financial crime.Rana Shashaa, Partner and Forensic Leader at Deloitte Middle East commented, "In a rapidly evolving regulatory and innovative environment, the Financial Crime Symposium shed light on how leveraging technology, analytics and collaboration optimize detection, prevention, and monitoring processes. This approach not only provides a transparent and efficient platform, but also contributes to supporting the Kingdom’s undeniable growth and emerging position as a global leading economy."
https://adgully.me/post/2117/riyadh-to-host-world-class-ai-and-data-analytics-event

Riyadh to host world class AI and Data Analytics event

Dubai: Deloitte, the world’s leading provider of professional services, announced the return of its global flagship AI and Analytics event, Experience Analytics, to the Middle East. The event will take place on Thursday, May 18th, at The Arena in Riyadh, Saudi Arabia, offering a platform to explore emerging technology solutions tailored to address opportunities unique to the Middle East region. Experience Analytics will be attended by over 450 guests including C-suite, senior executives, leaders and experts in Data, Analytics and AI, who will address key issues and challenges, as well as explore strategies, solutions and best practices. Mutasem Dajani, CEO Deloitte Middle East said, “Experience Analytics is the ideal forum to engage in discussions and the exchange of ideas on the best means to leverage emerging technologies that are truly shaping our present and future. Leaders and experts across the public and private sectors will get together in Riyadh, which is the ideal place to host this forum, as the Kingdom of Saudi Arabia is experiencing today an unrivalled rate of development, and the resulting socioeconomic transformation will be surely accelerated by these emerging technologies.”The agenda will pivot around key themes that help better understand the impact of Data, AI and Analytics on businesses, society and individuals. Through over 30 sessions of Ted-X style talks, panel discussions, live demonstrations and interactive lab activities, this all-day event will allow attendees to engage with thought-leaders, learn from industry-peers and explore the latest insights and trends in data and AI.Data is everywhere, it is all around us. In our homes, our workplace and even our pockets. In fact, 2.5 quintillion bytes of data is created around the world, every, single, day. The pace of which this data is produced, is only going to accelerate with the further adoption of the Internet of Things (IoT) and future technological innovation. So, how do we make sense of this data? How do we make it accessible, clean, secure and usable to help drive insights, value, profits and sustainability within organizations? If you are interested in attending Experience Analytics
https://adgully.me/post/1447/deloitte-showcase-a-whole-new-world-at-leap23-in-riyadh

Deloitte showcase a whole new world at LEAP23 in Riyadh

 Deloitte is taking part at LEAP23, as the official Innovation & Emerging Technology Partner of the global technology event. The renowned professional services provider is showcasing integrated technology solutions that address a range of market needs such as sustainability, smart cities, cyber security, analytics, human capital, marketing and others. “Deloitte is a global leading provider of emerging technology solutions, and LEAP presents the perfect platform for us to collaborate, share knowledge and exchange views with global pioneers within the tech space,” said Mutasem Dajani CEO of Deloitte Middle East. “A Whole New World with Deloitte is the overarching theme we chose for our participation at LEAP23, as it reflects the transformational impact our services are having, including here in the Kingdom,” added Dajani.The Ministry of Communication and Information Technology (MCIT) are among the organizers of LEAP23, the technology conference featuring a stellar speakers line up of over 700 tech industry trailblazers. A number of Deloitte leaders are taking part as speakers, panelists and moderators across different stages, including Nuno Goncalves, Deloitte Global Consulting Emerging Tech & Innovation Leader, Dr. Costi Perricos, Deloitte Global AI Leader and Saudamini Dubey, Digital Transformation Leader at Deloitte Middle East. Deloitte is debuting ‘GreenLight Solution’ in the region at LEAP23, an end-to-end sustainability solution providing a path to net-zero emissions. In addition, the Deloitte Risk Advisory team are exhibiting ‘DroneHacking’ and ‘RobotHacking’ to demonstrate flaws in existing IoT security systems. The Deloitte booth featured the Space Shuttle VR, the experience-based tool presenting real life tasks and challenges that astronauts face. Moreover, ‘DocQMiner’ was displayed, a content extraction tool providing actionable insights. As well as ‘Lead to Loyalty’, the marketing tool offering unrivalled personalization capabilities, and ‘Synergy’, the smart operations solution for smart cities.As part of the LEAP23 opening day announcements, Deloitte signed an MOU with MOZN, the Saudi technology company, focused on combating financial crime and regulation in the financial services industry in Saudi Arabia, as well as the Middle East and North Africa.The second edition of LEAP kicked off today at Riyadh Front EXPO Center and will continue till 9 February 2023. You can visit the Deloitte booth at Hall 4 – E59.
https://adgully.me/post/1155/deloitte-appoints-rashid-bashir-ceo-of-consulting-in-the-middle-east

Deloitte appoints Rashid Bashir CEO of Consulting in the Middle East

Rashid Bashir has been appointed the new CEO of the Consulting practice at Deloitte Middle East. He will start his new role on 1 January 2023, succeeding Tim Parr, who is set for retirement.Mutasem Dajani, CEO of Deloitte Middle East commented, “In the last five years, and under the leadership of Tim Parr, the consulting business has witnessed substantial growth in all areas including talent, client base and offerings. We are now market leaders in digital banking, investing in client centric facilities including a digital studio in Dubai and a digital center in Riyadh.” “Tim is succeeded by Rashid Bashir who will be leading our consulting practice as it enters a new and ambitious stage of growth. Rashid has played a critical role in delivering our strategy and serving the governments of the region, and I am confident he will bring his vision for the business, understanding of the market and his passion for our people and clients to his new leadership role,” added Dajani.Rashid will transition from his current role as Chief Strategy Officer and as lead partner for the Government and Public Services practice at Deloitte Middle East.Commenting on his appointment, Rashid Bashir said, “The creativity and innovation we offer will enable and drive forward the socio-economic transformation happening across the region. We aim to be the advisors of choice in the GCC market, and I am committed to bringing the best of Deloitte to the region.” “Against a backdrop of constant change – be it climate, technological or economic – governments and the private sector will continue to transform. Our ambition is to become the largest Consulting practice in the region, nurturing the national talent and serving our clients with distinction. My leadership team will include three women partners and 12 different nationalities, championing diversity and inclusion,” added Bashir.Rashid has been advising national governments in the GCC on socioeconomic transformations and will continue to advise on large-scale government projects across the region. He has substantial experience working on some of the most complex policy issues facing governments, including economic growth, job creation, education, innovation and entrepreneurship.Rashid holds an MBA in Strategy from Strathclyde Business School in Scotland and a Master of Philosophy in Economics from The University of Glasgow. Before moving to the Middle East 12 years ago, Rashid was a strategy consultant with Deloitte UK.