AI technology applied for credit analysis demonstrated at the 19th Arab Credit Information Committee gathering by CiNet
In a significant stride towards reshaping the future of credit services, the Kuwait Credit Information Network (CiNet) showcased its pioneering use of data science and artificial intelligence (AI) at the 19th meeting of the Arab Credit Information Committee.
Held under the auspices of the Arab Monetary Fund, the meeting brought together key leaders in the Arab world's credit information industry. Representing CiNet were Mai Bader Al-Awish, CEO, and Fawzan Yahya Al-Sumait, Senior Director of Data and Artificial Intelligence.
CiNet presented its innovative products designed to help financial institutions improve risk forecasting, credit scoring, and decision-making accuracy. Al-Sumait highlighted that these tools enable banks and institutions to better understand customer behaviour and assess credit risk with higher precision. Al-Awish further emphasised that these tools aim to enhance credit stability and empower individuals and institutions with greater financial clarity.
One of the key products showcased was a new mobile application. This user-friendly platform provides individuals instant access to their credit facilities, making financial data more transparent, accessible, and manageable. This move towards increased transparency is expected to empower smarter financial decisions and more effective risk management.
CiNet's participation in the meeting signifies Kuwait's growing leadership in the field of credit innovation. The company's active deployment of advanced analytics and AI-driven credit evaluation models marks it as the first credit company in the region to apply this integrated data science and AI model, leading the way in technology adoption within the financial market in Kuwait.
Looking ahead, CiNet continues to focus on expanding regional integration within GCC countries to foster credit transparency and improve credit reporting reliability. Recent initiatives exchanging credit information with Bahrain's BENEFIT and partnerships within the GCC are evidence of this commitment. The ongoing strategic emphasis on leveraging advanced data analytics and AI is expected to further develop sophisticated credit scoring and risk management frameworks, enhancing institutional decision-making and market trust.
Data science is indeed a strategic driver of growth, leading to reduced risk, stronger financial stability, and sustainable growth, as asserted by Al-Sumait. The emphasis on ongoing innovation and regional collaboration indicates a sustained focus on AI-driven credit technologies by CiNet.
The secretariat of the Arab Credit Information Committee is managed by the Arab Monetary Fund. The committee was established by the Council of Governors of Arab Central Banks and Monetary Institutions, with the aim of promoting credit transparency, improving credit reporting, and enhancing financial market efficiency and stability across the Arab world.
[1] Kuwait Times, "CiNet Leads the Way in AI-Driven Credit Services," 2025. [2] Arab News, "CiNet and BENEFIT Exchange Credit Information," 2025. [3] Gulf Business, "CiNet Partners with GCC Institutions," 2025.
- Utilizing artificial intelligence (AI) and data science, CiNet's innovative tools in business finance are designed to improve risk forecasting, credit scoring, and decision-making accuracy, positioning banks and institutions to better understand customer behavior and assess credit risk with higher precision.
- As part of its ongoing strategic focus on AI-driven credit technologies, CiNet plans to expand regional integration within GCC countries, aiming to foster credit transparency, improve credit reporting reliability, and develop sophisticated credit scoring and risk management frameworks.
