Monthly Archives: January 2024

Technologies

Just two-fifths of IT professionals say they fully understand how AI tools work

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Just two-fifths of IT professionals say they fully understand how AI tools work

The majority of IT professionals believe AI would make their lives easier, but most are not using it yet

January,2024: Despite artificial intelligence (AI) hitting new heights in 2023, only two-fifths (22%) of surveyed IT professionals can say they fullyunderstand how AI tools work— according to new research from SolarWinds.

SolarWinds Tech Evangelist Sascha Giese

The research, based on a survey of 267 IT professionals, highlights this lack of understanding could be fuelling a disconnect between the perceptions and the reality of AI tool usage.

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Business & Investments

Forbes Middle East’s Under 30 Summit Inspires The Leaders Of The Future

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Forbes Middle East’s Under 30 Summit Inspires The Leaders Of The Future

Egypt, January 14, 2024: Forbes Middle Easthas concluded its sold-outsecond annual Under 30 Summit, which was held on January 11-14in the beautiful community of El Gouna,Egypt. With over 1,500 VIPattendees, expert speakers, young entrepreneurs, policy-makers, celebrities, and business leaders in attendance, the summit explored building the leaders of tomorrow, investing in innovation, the art of design thinking and storytelling, building sustainable startups for a better world, the technologies supercharging product development, and nurturing mental health, diversity, and inclusion.

Khuloud Al Omian, CEO and Editor-in-Chief of Forbes Middle East, emphasized the values at the heart of the summit. “It has been an incredible couple of days celebrating the young professionals and entrepreneurs developing ideas to change the world for the better. It is so inspiring to see so many people come together and create such impactful bonds,” she added. “El Gouna has been a wonderful host, and I’m so proud of our Under 30 community. I look forward to witnessing their future successes.”

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Health Care

ANIB Expands Customized Services Portfolio

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ANIB Expands Customized Services Portfolio, Enhances Individual Medical Insurance Offering to Dubai Residents

  • Move well timed to meet evolving healthcare needs of surging population
  • Addresses growth projections of Dubai Economic Agenda “D33”

Dubai, UAE (January 14, 2024):ANIB, a leading insurance brokerage with a commitment to excellence, innovation, and customer centricity, today announced that it is expanding and enhancing its portfolio of personalized medical insurance offerings. The move comes in recognition of the evolving healthcare needs of the dynamic and diverse population in the emirate of Dubai that is poised to surge in line with the projections of the Dubai Economic Agenda “D33”.

With a long-standing track record of providing comprehensive and tailored insurance solutions to its clientele, ANIB’s individual medical insurance proposals are customized to offer unparalleled coverage and ensure that Dubai’s residents have access to quality healthcare services, wherever they are located. The expanded portfolio of medical offerings targets employees that are sponsoring their families as well as investors based in Dubai.

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Business & Investments

Lunate Capital LLC Launches Shariah-Compliant ETF Tracking Indian Equities

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Lunate Capital LLC Launches Shariah-Compliant ETF Tracking Indian Equities

  • The Chimera S&P India Shariah ETF will track the performance of Shariah-compliant Indian equities listed on the Bombay Stock Exchange
  • The ETF, which will be listed on the Abu Dhabi Securities Exchange, intends to distribute dividends received twice a year, when available

Abu Dhabi, January 12, 2024 – Lunate Capital LLC, an Abu-Dhabi-based management company licensed by the Securities & Commodities Authority (SCA) and a subsidiary of Lunate Holding RSC Limited announced the launch of the Chimera S&P India Shariah ETF (Bloomberg: CHINDSHI), a physical, in-kind, liquid, and fully fungible exchange traded fund (“ETF” or the “Fund”) that will list on the Abu Dhabi Securities Exchange (“ADX”).

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Real Estate

Dubai real estate 2023 performance is unique

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A specialist review

Dubai real estate 2023 performance is unique

*Real estate transactions exceeded half a trillion dirhams for the second year in a row

*Annual real estate sales increased 5 folds since the Covid-19 pandemic

*The demand momentum continues and 2024 prospects are tremendous

Walid Al Zarooni

Dubai, United Arab Emirates

Sunday, January 14, 2024

A review by W Capital, the leading Dubai real estate brokerage, showed that 2023  real estate performance in Dubai  was exceptional, as sales exceeded about AED400bn for the first time, in addition to making the largest land and apartment sales deals.

“The real estate market in Dubai is on  an upward trajectory since recovering from the Covid-19 pandemic in 2020, rising from AED69.8bn in 2020, to AED149bn in 2021, then to AED265.5bn in 2022, and finally to AED401bn last year,” said Real estate expert Walid Al Zarooni, W Capital CEO.

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