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A historic shift in generational wealth is unfolding in the Middle East, with $1 trillion (AED 3.67 trillion) expected to transfer to heirs by 2030, according to a whitepaper launched by the DIFC Innovation Hub, Julius Baer, and Euroclear. The report, titled “Navigating the Future of Inheritance”, highlights how advanced digital technologies like Artificial Intelligence,...
H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, held a meeting with Andrew R. Jassy, the President and CEO of Amazon, on January 28, 2025. The discussion focused on ways to strengthen cooperation and enhance the strategic partnership between Abu...
The Abu Dhabi Global Market (ADGM), the UAE capital’s international financial centre, has officially launched its all-in-one mobile app. This app aims to redefine how businesses, employees, and residents interact within the financial district. By streamlining connectivity, it provides seamless access to exclusive tools and services, enhancing the overall experience for users in ADGM’s dynamic...
Chinese startup DeepSeek has achieved a remarkable milestone by overtaking its competitor ChatGPT to become the top-rated free application on Apple’s App Store in the United States. This accomplishment was announced on Monday and comes as the company’s artificial intelligence Assistant, powered by the DeepSeek-V3 model, gained significant traction among U.S. users since its release...
The Federal Tax Authority (FTA) announced on Sunday that VAT refunds for UAE nationals building new homes have reached a total of Dhs2.9 billion since the service began over six years ago. By the end of 2024, the cumulative number of approved applications stood at 35,000, compared to 27,000 at the end of 2023. This...
The University of Sharjah (UoS) made a significant impact at the British Educational Training and Technology Conference and Exhibition (BETT 2025), which took place in London from January 20 to 24. Participating as part of the official delegation from Sharjah, organized by the Sharjah Private Education Authority (SEPA), the event also included representatives from the...
The UAE’s digital transformation has saved the country Dh14.7 billion ($4 billion), according to Maryam bint Ahmed Al Hammadi, Minister of State and Secretary General of The UAE Cabinet. Speaking at the World Economic Forum in Davos, she explained that adopting advanced technologies like AI and prioritising citizen needs made modernisation essential for the government....
Artificial Intelligence (AI) is increasingly becoming a part of our daily lives, influencing various sectors in ways we might not always recognize. While the arrival of computers once sparked fears of job loss, history shows that they have created new roles, such as computer engineers and IT specialists. Now, AI is stepping into the spotlight,...
The taxi sector in Dubai has undergone significant development over the past year, primarily due to the Roads and Transport Authority’s (RTA) strategy to shift towards electronic booking. This initiative has not only fostered sustainability but also improved traffic flow by encouraging riders to adopt this modern technology. According to Adel Shakri, Director of Planning...
The Abu Dhabi Government has launched the “Abu Dhabi Government Digital Strategy 2025-2027,” marking a significant step towards establishing an AI-driven government. This initiative, overseen by the Department of Government Enablement – Abu Dhabi (DGE) and in collaboration with various government entities, aims to position Abu Dhabi as a leader in global digital governance. The...