AIUpdated November 7
GCC investors are more at ease with AI-assisted advice.
In Avaloq’s 2026 investor survey, 53% of GCC investors were comfortable with AI assisting a human adviser with investment advice. Only 22% were comfortable with fully automated advice. The distinction is whether a human adviser stays part of the process. Akash Anand, Avaloq’s managing director for the Middle East, Africa and India, said AI could help Saudi Arabia’s banks expand wealth management, improve operational efficiency and reach a wider pool of investors.
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Coverage started November 7
