Mumtalakat and ARP Group to Establish AI-Powered Bank in Bahrain

MANAMA, Bahrain, Nov 2 – Bahrain is set to establish an AI-powered wholesale bank through a partnership between sovereign wealth fund Mumtalakat and ARP Group. The proposed bank will be based in Bahrain. It will use artificial intelligence (AI) and blockchain technology to provide banking services to businesses and financial institutions. The Central Bank of […]