Daily Archives: October 13, 2023

Business & Investments

Samruk-Kazyna JSC, a $70 Billion Asset Sovereign Wealth Fund, and Presight signed a term sheet

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Samruk-Kazyna JSC, a $70 Billion Asset Sovereign Wealth Fund, and Presight signed a term sheet to establish a joint venture to accelerate digital transformation in Kazakhstan

October 12th 2023, United Arab Emirates: On the sidelines of the Digital Bridge 2023 forum in Astana, H.E. Kassym-Jomart Tokayev, President of Kazakhstan and Bagdat Mussin, Minister of Digital Development Kazakhstan, met with Thomas Pramotedham, CEO of the UAE-based company Presight, and Nurlan Zhakupov, CEO of Samruk-Kazyna, to establish a joint venture to accelerate digital transformation in Kazakhstan.

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Health Care

M42 Announces New Clinical LLM to Transform the Future of AI in Healthcare

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M42 Announces New Clinical LLM to Transform the Future of AI in Healthcare

Abu Dhabi, United Arab Emirates, 12th October 2023– M42, a global tech-enabled healthcare network, has unveiled an impactful advancement in healthcare technology with the launch of Med42, a new open-access Clinical Large Language Model (LLM). The 70 billion parameter, generative artificial intelligence (AI) model is poised to transform the future of AI across the healthcare sector and create a direct impact on patient care outcomes.

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Shopping & Promotions

Gear Up for the Two Back-to-Back Diwali Markets  Featuring Homegrown and Home-run Businesses in Dubai 

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Gear Up for the Two Back-to-Back Diwali Markets  Featuring Homegrown and Home-run Businesses in Dubai 

October 14th at the Taj Jumierah Lake Towers and October 21st at DoubleTree Hilton, Al Mankhool 

  • Organised by theXpatzhub to offer local business a platform to thrive this festive season 
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Business & Investments

HRH Crown Prince Launches Master Plan for New Abha International Airport

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HRH Crown Prince Launches Master Plan for New Abha International Airport

Abha, Kingdom of Saudi Arabia; 12 October 2023:

His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister, and Chairman of the Council of Economic and Development Affairs, has announced the launch of the master plan for the new Abha International Airport.

The new Abha airport aims to embody a consistent architectural identity with the heritage of the Asir region, transforming it into a prominent landmark in the Kingdom. Its terminal area will expand to 65,000 square meters, as planned to complete the first phase by 2028, compared to the current 10,500 square meters of the existing airport. This expansion includes the construction of passenger boarding bridges, self-service facilities for streamlined travel procedures, and high-capacity parking facilities.

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