Governor of the Central Bank of Egypt Participates in International Conference on Artificial Intelligence
The Governor of the Central Bank of Egypt participated in an important international conference to discuss the future of the financial sector. The conference focused primarily on how to use artificial intelligence technologies to develop monetary policies and improve the performance of central banks around the world.
Participants in the conference emphasized that modern technology plays a major role in analyzing economic data with greater speed and accuracy. These digital tools aim to help decision-makers take more effective steps to control inflation and achieve financial stability in the markets.
For his part, the Egyptian side reviewed the Central Bank's efforts in digital transformation during the sessions. This participation comes within the framework of Egypt's keenness to keep pace with global technological developments and to benefit from international expertise to enhance the efficiency of the Egyptian banking system.
This step is considered part of the Egyptian state's strategy to promote financial inclusion and develop banking services. It is expected that these technologies will contribute in the future to providing innovative solutions for citizens and facilitating daily financial transactions more securely.
At the conclusion of the conference, experts agreed on the necessity of establishing regulatory rules that ensure the safe use of artificial intelligence in banks. Egypt continues to follow these developments to ensure the integration of modern technology into the national economy in a way that serves the interests of the Egyptian citizen.