“Arab Development” and “International Criticism” discusses the harness of “artificial intelligence” to achieve growth

The Arab Fund for Economic and Social Development announced yesterday its efforts to enhance cooperation with the International Monetary Fund “IMF” in areas where artificial intelligence technologies can be harnessed to achieve economic and comprehensive growth in member states.

This announcement came in the wake of the visit of a delegation to the International Monetary Fund, headed by Crystalina Georgiva, during its mission to Kuwait, where she met the Director General of the Arab Fund Fawzi Al -Hanif, the executive team and a number of departments managers.

During the visit, bilateral talks and a dialogue session on ways to use artificial intelligence and other technological innovations were held to stimulate growth and development in the Arab region.

Al -Hanif said: “This visit is extremely important, and comes at a very accurate time. While artificial intelligence repopts the global future, the Arab Fund seeks to benefit from the technological revolution in this field to enhance economic growth, and to draw a road map for a regional economy supported by artificial intelligence that speeds up integration and sustainable development.”

This unique effort confirms the primary role of the Arab Fund as a leading regional institution that enhances innovation to face critical development challenges.