AI-driven fraud is accelerating faster than organizations can respond, with a new report by Association of Certified Fraud Examiners and SAS revealing that just 7% feel well-prepared to detect or prevent it, as deepfakes, digital forgery, and consumer scams surge worldwide; while AI adoption is rising, gaps in governance, explainability, and overall readiness continue to leave institutions exposed as threats scale faster than defenses.

Daman Investments and AllianzGI have signed an MoU to introduce risk-based, target-driven investment options to the UAE’s end-of-service savings program, expanding beyond capital-protected solutions. The move combines local market expertise with global investment capabilities to offer employees greater flexibility and support the evolution of workplace savings in the UAE.