CiNet showcases AI-driven credit analytics at 19th Arab Credit Information Committee meeting

Kuwait Credit Information Network, CiNet, participated in the 19th meeting of the Arab Credit Information Committee, held under the auspices of the Arab Monetary Fund. The high-level gathering brought together key leaders in the Arab world’s credit information industry to discuss regional challenges, best practices, and the future of credit services.

CiNet was represented by Mai Bader Al-Awish, CEO, and Fawzan Yahya Al-Sumait, Senior Director of Data and Artificial Intelligence. The team presented CiNet’s pioneering use of data science and artificial intelligence in credit assessment and risk management—highlighting how cutting-edge analytics are reshaping the financial landscape in Kuwait and beyond, reports Al-Jarida daily.

In a dedicated presentation, CiNet shared its experience in integrating advanced analytics into credit services, offering products that help financial institutions improve risk forecasting, credit scoring, and decision-making accuracy. These tools, Al-Awish emphasized, aim to enhance credit stability while empowering individuals and institutions with greater financial clarity.

Mai Al-Awish reaffirmed CiNet’s commitment to innovation, saying: “Our participation in this meeting confirms CiNet’s commitment to developing advanced information solutions that meet the aspirations of financial institutions and offer individuals the tools to make informed, secure financial decisions. We strive to offer the best digital solutions that ensure the transparency and reliability of credit data.”

She also highlighted CiNet’s latest achievement—the launch of a user-friendly application that enables individuals to instantly access credit details, including loans, credit cards, and other facilities. The app aims to make financial data more transparent, accessible, and manageable.

Fawzan Al-Sumait added that CiNet’s products allow banks and institutions to better understand customer behavior and assess credit risk with higher precision.

“Data science is a strategic driver of growth,” he said. “From our work with financial institutions in Kuwait, we’ve seen that proper use of data leads to reduced risk, stronger financial stability, and sustainable growth.”

The Arab Credit Information Committee, whose secretariat is managed by the Arab Monetary Fund, was established by the Council of Governors of Arab Central Banks and Monetary Institutions. It includes directors from credit bureaus and central banks across the Arab world.

CiNet’s participation reflects Kuwait’s growing leadership in the field of credit innovation and demonstrates its continuous effort to reshape the future of credit services through technology, transparency, and regional cooperation.

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