Will AI change banking more in the next five years than the past 30? UAE lenders think so

UAE lenders are accelerating the deployment of advanced AI systems, with Dubai's banks treating the technology as a strategic priority expected to reshape service delivery and competition. The push reflects a bet that AI will transform banking more in the next five years than it has in the past three decades. Banks are moving beyond pilots toward embedding AI across operations, though the article provides no specific investment figures or earnings data. The shift matters because it could redraw competitive dynamics in the region's financial sector and pressure rivals to match spending on automation and data infrastructure. What to watch next: concrete deployment timelines, hiring and technology budgets, and any regulatory guidance from UAE authorities on AI use in financial services.