The Banking Executive Magazine - January 2025

ISSUE 193 JANUARY 2025 the BANKING EXECUTIVE 43 FinTech and AI Chornicle and in-depth analysis, such institu- tions can identify opportunities and challenges posed by AI technologies and work towards leveraging them for societal progress. The Senate President affirmed that strengthening cooperation between research and legislative institutions will help build an integrated system that fosters innovation and acceler- ates digital transformation. He wel- comed collaborative efforts between the Egyptian Senate and TRENDS in various research, scientific, and knowledge fields. Dr. Mohamed Abdullah Al-Ali, CEO of TRENDS Research & Advisory, emphasised TRENDS' commitment to being at the forefront of research institutions supporting scientific re- search and purposeful knowledge. He highlighted that in an era of rapid technological advancements, AI has become one of the most significant tools reshaping reality and opening new horizons for research. He pointed out that AI is not merely an innovative technology but a knowledge tool that contributes to sustainable development, intellectual security, and building knowledge- driven societies — objectives TRENDS seeks to achieve by inte- grating AI into scientific research and purposeful knowledge initiatives. Dr. Sama Suleiman, Undersecretary of Foreign Affairs Committee at the Egyptian Senate, affirmed the Sen- ate's belief in the importance of col- laboration with think tanks and research institutions. Such partner- ships provide valuable studies, re- search, and consultations that support decision-making and form the backbone of public policy. After the session, Dr. Al-Ali presented Counselor Abdel Wahab Abdel Razek with the TRENDS Research Medal, recognising his role in sup- porting scientific research and exten- sive expertise in the legislative and legal fields.