Return to site

Kuwait & Artificial Intelligence

· Kuwait,Ai,Automation

Kuwait & Artificial Intelligence

Kuwait has one of the oldest histories of innovation dating back to Mesolithic tools found in caves from 8000BC.

By 4000BC trade routes from India to Mesopotamia were controlled from the Bay of Kuwait.

For the next few thousand years Kuwait was continually enriched by being a focal point for various trade routes and as a stop for religious pilgrims. The East India Company established a large office in the 1700’s and British rule oversaw the land until Kuwait’s independence in 1961.

Kuwait has been a progressive leader in the Middle East since its founding in June of 1961. Being the first Persian Gulf state to establish a constitution and parliament, Kuwait raced ahead of its neighbors in the 1960’s and 1970’s to become the most developed Middle Eastern Country.

Located on the Arabian Peninsula, Kuwait has a population of 4.6 million people and is among the foremost member nations of OPEC. [1] Kuwait incorporates a geographically small, but blooming, relatively open economy with fossil fuel reserves of roughly 102 billion barrels per annum, about 6% of world reserves.

Petroleum and gas account for over half its GDP - about 140 billion US dollars in 2018 - 92% of export revenues, and 90% of presidency income. [2] Identified because the pillar of the economy, the petroleum industry is welcoming AI to form value through data capture, analysis, and optimization to reinforce critical decision-making abilities.

AI enables technology companies to form digital data assets and deliver services that improve decision-making, mitigate risk, and maximize value. Specifically, AI has tremendous potential in providing imaging and advising services.

By training detecting robots, advanced marine and land seismic data can be processed and images. Data pre-conditioning and internal control, as well as other seismic data acquisition support services, are leveraged.

By applying AI technology, companies can develop mission-critical subscription offerings and engineering services that enable operational control and optimization. ION's Towed Streamer Command & system, designed for towed streamer acquisition, integrates acquisition, planning, positioning, and internal control systems into a seamless operation.[3]

Due to the abundance of oil resources, Kuwait ranked the 9th richest country within the world per capita in 2019, according to the World Bank. [4] Kuwait incorporates a stand-out wealth-management industry that administers more assets than those of the other Gulf Cooperation Council country. Among all the GCC countries, the capitalisation of Kuwaiti financial-sector firms was, in total, behind only that of Asian countries.[5]

Transactional bots trained by linguistic communication Processing (NLP), a machine learning algorithm that permits bots to investigate human language, provide finance coaching/advising services. [6]

Additionally, AI is a superb tool for profiling clients that supports their risk appetite. Based on the classification work, product recommendations are often conducted automatically and more efficiently. Kuwait Finance House (KFH), the oldest Islamic bank within the state, launched a robotic process automation (RPA) program engaging EY in an exceedingly bid to automate low-return, high-risk manual tasks.

The program has reduced the retail application interval by 50% and cut the back-office review process by 75%, from one hour to fifteen minutes, in keeping with the CIO. [7]

On the opposite hand, the emergence of SupTech, a supervisory technology for regulators, enables them to demand more information and stricter compliance requirements from the organizations they oversee.[8]

Kuwait has the strength in both commodity-based and service-based industries. The Petroleum industry could reap the benefits of AI quickly and generate profit through cost-reduction. The financial sector can reshape quantitative risk management innovatively. However, while Kuwait has comprehended the worth of AI on the application level, its innovation incentive must be strengthened.

Kuwait still needs to strengthen its AI research and education fields.

According to the Report of computing Development 2019, published by Tsinghua University, the shallow talent pool would be a vital concern for Kuwait. [9]

The Kuwait Foundation for the Advancement of Sciences (KFAS) embarked on a forward-looking symposium on the "Promise of Artificial Intelligence: Present and Future" on November 19, 2018, at Kuwait University. "This scientific event comes as a part of our commitment to realizing the vision of H.H. Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, the Amir of Kuwait, to rework Kuwait into a financial, commercial and technological hub," stated by Sheikha Aida Salem. Kuwait isn't only acknowledging the disruptive change brought by AI, but also embracing the challenge as a path to the future.

My Experience With Coronavirus

Why did Coronavirus Spread so Fast?

Coronavirus and Globalization Moving Forward

Disinfecting Surfaces Against Coronavirus

Contagion Risks from Coronavirus

Coronavirus Oxygen Supplementation 101

Coronavirus: The Global Economic Impact

Home Care for Coronavirus

Coronavirus Causes Long Term Problems?

Online Coronavirus Scams Proliferate

What Is The True Coronavirus Case Fatality Rate For Young People?

How Likely Are Young People to be Hospitalized With Coronavirus?

Living On The Edge of A New Society

Coronavirus Will Test the Limits of Our Hospitals

Coronavirus Catapults Global Testing Innovation

Spain Suffers Under Coronavirus

Data, Models & Misinformation on the Coronavirus

Origins of the Coronavirus

Coronavirus Travels the Silk Road

Coronavirus Attacks Italy's Sick and Elderly

Is the New Coronavirus Drug a Cure?

What is the Mystery of Germany's Low Coronavirus Fatality Rate?

Coronavirus & the Economy

The World Will Be More Technologically Advanced After the COVID-19 Pandemic

Why has the Coronavirus Not Exploded in Japan?

Italy's Coronavirus Death Rate is Falling

Conquering The Coronavirus

Coronavirus Speeds Up Robotic Revolution

Economic Depression Will Destroy More Lives Than Coronavirus

Can Hydroxychloroquine be Used to Treat Coronavirus?

Northern Italy & Wuhan: Partners for Better or Worse

The Race for the Coronavirus Cure

How Did Taiwan Manage the Coronavirus so Well?

What is the US Coronavirus Fatality Rate?

Travel Ban Saves Airlines Billions

Coronavirus Superspreader?

Deep Learning Detects Coronavirus

Singapore's Coronavirus Patients Have a 0% Mortality Rate So Far... Why?

AI is Mapping the Coronavirus and Inferring its Possible Economic Impact

Coronavirus: Fact from Fiction

Death From Covid-19 is Not From the Coronavirus:

An Interview With NYU Langone Health Professor & Rheumatologist Dr. Gary Solomon

Coronavirus Attacks Italy's Sick and Elderly

Interview with NASA Astronaut Scott Kelly: An American Hero​

13 Questions With General David Petraeus

Why Choose Machine Learning Investing Over A Traditional Financial Advisor?

Interview With Home Depot Co-Founder Ken Langone

Interview with the Inventor of Amazon's Alexa

Automation and the Rebirth of American Retail

China Debuts Stealth Unmanned Combat Aerial Vehicle

Sweden's Economy Embraces AI & Automation

Austria's Automated Ai & Robotic Future Is Now

Nuclear Submarines: A 7,000 Lb Swiss Watch

Ai Can Write Its Own Computer Program

On Black Holes: Gateway to Another Dimension, or Ghosts of Stars’ Pasts?

Egypt's Artificial Intelligence Future

Supersonic Travel: The Future of Aviation

Was Our Moon Once Habitable?

The Modern Global Arms Race

NASA Seeks New Worlds

Cowboy Turned Space Surgeon

Shedding Light on Dark Matter: Using Machine Learning to Unravel Physics’ Hardest Questions

When High-Tech Meets Low-Tech Economy: Ai & the Construction Industry

Aquaponics: How Advanced Technology Grows Vegetables In The Desert

The World Cup Does Not Have a Lasting Positive Impact on Hosting Countries

Artificial Intelligence is Transforming the Forex Market

Do Machines Dream? Inside the Dreams of a Machine

Can Ai Replace Human Ski Coaches?

America’s Next Spy Plane

Faster than Sound and Undetectable by Radar

The Implications of Machine Learning on Condensed Matter Physics & Quantum Computing

Crafting Eco-Sustainability: WTC and Environmental Sustainability

Can Ai Transform Swimming?

Argentina's AI Future: Reversing a Century of Decline

Tennis & Artificial Intelligence

Kazakhstan's Ai Aspirations

Peru's Ai Future Will Drive Economic Growth

The Colombian Approach to the AI Revolution

How AI Can Explain Its Thinking

Singapore: Ai & Robotic City

Ai in New Zealand

Brazil & Artificial Intelligence​

Denmark & Ai

Can Ai Replace Human Ski Coaches?

Tennis & Artificial Intelligence

Written by Sheng Zhao, Edited by Kevin Ma, Thomas Braun, Jason Kauppila & Alexander Fleiss


1. Kuwait(n.d.).Retrieved April 29,2020, from

2. The World Factbook: Kuwait. (2018, February 1). Retrieved April 29, 2020, from

3. Image Uncertainty Estimation. (n.d.). Retrieved April 29,2020, from

4. GDP per capita (current US$) - Kuwait. (n.d.). Retrieved April 29, 2020, from

5. Economy of Kuwait. (2020, April 11). Retrieved April 29, 2020, from

6. Hudson, C. (2018, November 28). Ten Applications of AI to Fintech. Retrieved April 29, 2020, from

7. Benito, A. (2020, February 23). How Kuwait Finance House embraces change to survive tech-driven disruption. Retrieved April 30, 2020, from

8. The Emergence of SupTech - Supervisory Tech for Regulators. (2018, July 25). Retrieved April 29, 2020, from

9. Tsinghua University, Report of Artificial Intelligence Development, 2019

All Posts

Almost done…

We just sent you an email. Please click the link in the email to confirm your subscription!