Responsible AI

The path to responsible AI

Hundreds of billions of dollars in commercial AI revenue is expected to flow to the Middle East by 2030, and contribute heavily to double-digit GDP growth

Slack

Salesforce completes acquisition of Slack Technologies

Slack will continue to be led by CEO and co-founder Stewart Butterfield

UAE hikes petrol prices for August 2021

The UAE fuel price committee also announced an increase in the price of diesel

POCO X3 GT

Poco X3 GT launched in the UAE

The smartphone is available in all stores starting July 29

enterprises

Why constant change must be the new normal for enterprises

While the new breed of business that has emerged from the pandemic recognises its ability to be more agile, it must not take its eye off the issues at hand

Transforming higher education for the sake of the world

For higher education to bridge the skills gap and to ensure that university graduates add economic and societal value, it should address key questions

UAE builds waste-to-energy plant to manage growing trash

Dubai is constructing a $1.1bn facility that will burn garbage to generate power

Abu Dhabi Islamic Bank

Abu Dhabi Islamic Bank net profit at Dhs1.1bn in H1 2021, up 89% y-on-y

Its total revenue grew 3.4 per cent to Dhs2.644bn compared to Dhs2.557bn in H1 2020

DP World

Dubai’s DP World reports 17.1% volume growth in Q2 2021

Jebel Ali in the UAE handled 3.4 million TEU in 2Q2021, up 4.2 per cent year-on-year

Emirates says flight ban from India, Pakistan, Bangladesh and Sri Lanka extended to Aug 7

Passengers who have connected through the four countries in the last 14 days will also not be accepted to travel

UAE organisations

Three ways in which digitalisation will drive economic value for UAE organisations

According to 2020 Deloitte survey, digitally mature companies were three times more likely to report annual net revenue growth

Etisalat

Etisalat Digital unveils cloud-based electronic medical record platform in UAE

The business unit head of Etisalat supports UAE’s strategic initiative in unifying patient records.

Etihad Airways IATA Travel Pass

Etihad introduces IATA Travel Pass on flights from Abu Dhabi to seven cities

It will cover destinations in Europe, North America and Asia

Emirates NBD

Dubai’s Emirates NBD reports 17% year-on-year rise in net profit for H1 2021

Total income declined 9 per cent year-on-year to Dhs11.54bn

Saad Toma

Saad Toma appointed as general manager for IBM Middle East and Africa

Toma brings 30 years of experience at IBM, working across multiple geographies

Home security

Weaponised operational tech to harm or kill humans: Gartner

Organisations can reduce risk by implementing a security control framework

Kuwait: Fully vaccinated expats can return from Aug 1, need to undergo home quarantine

Kuwait residents with valid iqamas can return to the country provided they have received one of four approved vaccines

Emirates

Suspension of flights from India, Pakistan, Bangladesh and Sri Lanka extended until July 31 – Emirates

The ban on flights from the four nations has been extended several times in the last few weeks

Hasib Khan - Founder - Udrive

Dubai based Udrive closes $5m funding round

The company has empowered over 250,000 UAE members to complete over 1.4 million trips

Dubai’s flydubai to commence operations to Hargeisa

Flydubai will become the first carrier to operate to Hargeisa from Dubai

Geoffrey Alphonso is CEO of Alef Education

How to educate students for jobs of the future

A fundamental shift in the tools of teaching are required to prepare students for the jobs of tomorrow

UAE reports 1,539 Covid-19 infections, 2 deaths

The nationwide case count has risen to 674,724

Manama Bahrain

IMF says Bahrain needs ‘urgent fiscal adjustment’ after virus

The fund projects Bahrain’s economy will grow 3.3 per cent this year

collaboration solutions

Etisalat unveils a suite of collaboration solutions in UAE

Businesses to achieve higher productivity and workforce efficiency

Saudi Arabia halts $2bn sale of water plant stake

The Ras Al Khair desalination and power facility on Saudi Arabia’s east coast had cost more than $7bn to build

Low cost carrier Air Arabia Abu Dhabi to begin flights to Faisalabad and Multan in Pakistan

Both routes will be begin in August, and will be operated twice weekly

UAE telecom operator du reports 11.4% increase in net profit for Q2 2021

The board of directors approved an interim dividend of Dhs0.10 per share

Kuwait removes most Covid-19 restrictions, resumes all commercial activities

Large gatherings continue to be banned, and those not vaccinated will have restricted entry in certain areas

Sharjah city skyline

Sharjah’s real estate transactions rise 40.5% y-on-y in H1 2021

GCC citizens, including those from the UAE, invested a total of Dhs9.7bn across 10,787 properties during that period

Help AG

Help AG launches managed advanced web application firewall service

The service provides security teams with round-the-clock proactive defense no matter where the end user is located