During Ramadan, the roads in Abu Dhabi experience increased traffic due to various factors, including drivers leaving work earlier and others hurrying to make it in time for iftar. This surge in activity necessitates heightened vigilance among motorists to ensure safety during this period. A survey conducted by Road Safety UAE highlights that male motorists...
Abu Dhabi’s MGX has made a landmark investment of $2 billion in Binance, marking the first institutional investment in the world’s largest cryptocurrency exchange. This significant move into the cryptocurrency sector comes as MGX seeks to diversify its portfolio, particularly into blockchain and related technologies. According to Bloomberg, the investment represents MGX’s inaugural entry into...
The United Arab Emirates has made advancements in its labor regulations to enhance worker protection and compliance with workplace standards. These changes are part of the government’s commitment to establishing fair labor practices that create a balanced relationship between employers and employees. The Ministry of Human Resources and Emiratisation (MoHRE) is the primary regulatory authority...
A recent report reveals that 94% of students in the UAE are using Artificial Intelligence (AI) tools to assist in their studies. However, many of these students are also experiencing significant tech-related stress. This information comes from the Studiosity’s Student Wellbeing Report, which was conducted by YouGov. The study highlights that about two-thirds of students...
Dubai Aerospace Enterprise Ltd (DAE), owned by Dubai’s sovereign wealth fund, is contemplating the sale of its aircraft maintenance division. The company is reportedly working with Morgan Stanley to explore the potential sale of its 80% stake in Jordan-based aircraft maintenance, repair, and overhaul firm Joramco. DAE acquired this 80% stake in 2016 from the...
The Emirates Cancer Society (ECS) and Burjeel Cancer Institute (BCI) have signed a cooperation agreement that aims to enhance healthcare services for cancer patients in the UAE. This partnership will focus on improving treatment options, patient support, and educational initiatives related to cancer care. Under this agreement, both organizations intend to collaborate on various projects...
The United Arab Emirates University organized a training workshop focused on “Artificial Intelligence and Job Skills for Bureaucracy Reduction.” This event was attended by a distinguished group of participants, including faculty members, students, and industry experts. During the workshop, attendees explored how artificial intelligence can be leveraged to enhance job skills and streamline bureaucratic processes....
Space42, an AI-powered SpaceTech company based in the UAE, in collaboration with Cobham Satcom, has introduced a new satellite broadband terminal named IP NEO. This innovative terminal, designed for commercial use, utilizes L-Band technology to provide greater resilience, portability, ruggedness, data security, and uninterrupted connectivity, particularly in high-risk or sensitive environments. The IP NEO terminal...
The Roads and Transport Authority (RTA) of Dubai has announced a new inspection system aimed at improving the efficiency and safety of the Dubai Metro and Tram services. This integrated digital platform is designed to streamline inspection operations and monitor passenger compliance with regulations, particularly regarding designated spaces for women and children. The new system...
Mastercard has announced a new partnership with CredibleX that will integrate Mastercard’s Small Business Credit Analytics (“SBCA”) into CredibleX’s financing platform. This collaboration marks the first application of this innovative product in the region, aimed at providing enhanced data-driven insights based on anonymous and aggregated transaction data. The initiative is designed to empower small and...