Central banks in the UAE and Qatar have issued major new AI guidance in the past year, and Bahrain has a proposed AI law moving through its legislature, putting Gulf financial regulators ahead of many Western counterparts on formal AI rulemaking.
Reported by: Crowell & Moring, “The Middle East’s Big Bet on Artificial Intelligence and Data Security”
Norm's Take
Compliance leaders who assume the EU AI Act is the global pacesetter are missing where the puck is going. Firms with Gulf exposure need dedicated regulatory tracking, not a bolt-on to the EU compliance function.
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