GCC investors favour AI-assisted wealth advice over full automation, Avloq report finds

DUBAI: Artificial intelligence could help Saudi Arabia's banks expand wealth management services, improve operational efficiency and reach a wider pool of investors as the Kingdom's financial sector develops, according to a regional banking technology executive. Akash Anand, managing director for the Middle East, Africa and India at Avaloq, told Arab News that AI could reduce the administrative burden on financial…