Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), addressed the necessity for emerging economies to adapt to the transformative effects of artificial intelligence (AI) during her speech at the AlUla Conference for Emerging Market Economies in Saudi Arabia. She emphasized that these economies must embrace AI to remain competitive and ensure sustainable...
The Roads and Transport Authority (RTA) in Dubai has successfully completed the construction of 40 air-conditioned rest areas for delivery bike riders. These facilities are located in several key areas across the emirate to provide comfort for the riders during their breaks. The initiative aims to support the growing number of delivery personnel, ensuring they...
The Ministry of Finance of the UAE has published a public consultation document detailing the planned implementation of eInvoicing in the country. This document, titled the eInvoicing Programme Consultation Paper, spans 168 pages and outlines the main features and framework of the proposed eInvoicing model, including specific use cases and anticipated data requirements. According to...
Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside the oil and gas sector, has announced the launch of a mentorship program named Ershaad. This initiative is designed specifically for female UAE students, aiming to encourage and equip them to pursue careers in various industrial fields, particularly in science, technology,...
Dubai has launched a new initiative aimed at empowering young people across Africa by establishing a network of ‘Skills Academies.’ This initiative is designed to benefit five million individuals through eight specialized academies that will provide accredited training programs tailored to the current labor market demands. Waleed Al Ali, Secretary General of The Digital School,...
Pakistan’s Deputy Prime Minister and Minister for Foreign Affairs, Senator Mohammad Ishaq Dar, has called on UAE-based firms, including Etisalat and the global technology group e&, to enhance their investments in Pakistan’s telecom sector. During a meeting in Dubai with Khalifa Al Shamsi, the CEO of e& life and e& international, Dar emphasized that Pakistan...
The Department of Government Enablement—Abu Dhabi (DGE) highlighted Abu Dhabi’s advancements in artificial intelligence at the Microsoft AI Tour held in Dubai this week. During the event, DGE delivered a keynote that focused on the innovative use of AI through its transformative TAMM platform, which aims to redefine public services. TAMM, an AI-powered government services...
In a significant advancement in the realm of artificial intelligence (AI), the UAE is partnering with France to establish a 1 gigawatt (GW) AI data centre. This mega project will see the UAE invest billions of euros, making it the largest AI facility of its kind in Europe, according to the French presidency. The announcement...
Speaking at the inaugural Plug and Play Middle East Summit, Dr. Thani bin Ahmed Al Zeyoudi, the UAE Minister of State for Foreign Trade, told the audience about the significant impact of advanced technologies, especially artificial intelligence (AI), in revolutionizing global trade. He also emphasized the importance of embracing innovation to foster a new era...
The Central Bank of the UAE (CBUAE) celebrated significant achievements in 2024 across the financial, banking, and insurance sectors, setting a positive trajectory for the future of the UAE’s financial landscape. The CBUAE emphasized its role in fostering monetary and financial stability, managing reserves, and developing secure financial infrastructure through innovative digital solutions. These efforts...