Daily Archives: February 15, 2024

Technologies

Microsoft UAE to host exclusive ‘Build: AI Day’event in Dubai

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Microsoft UAE to host exclusive ‘Build: AI Day’event in Dubai to empower developers to accelerate AI innovation

Event willprovide attendees with insights on the latest AI developments to accelerate customer innovation, turbocharge developer productivity, and deliver value across industries.

15February, 2024; Dubai, United Arab Emirates –Microsoft UAE today announced that it is bringing its‘Microsoft Build: AI Day’ tour to the UAE. The event, an AI-focused extension of Microsoft’s annual flagship developer event brand, Microsoft Build, takes place February 20, 2024 at the iconic Museum of the Future in Dubai, uniting government officials, technologists, innovators, IT decision-makers, and business professionals under one roof to share ideas and insights on the transformative power of Artificial Intelligence (AI) technologies.

“AI today is transforming every industry,and business leaders around the world are increasingly leveraging itto unlock new opportunities for growth, creativity and productivity,”said Naim Yazbeck, General Manager, Microsoft UAE.“We are proud to bring our flagshipdeveloper event,‘Microsoft Build: AI Day’,to the UAE to empowerbusinessand IT professionals to keep pace with this rapidly advancing field.We look forward to engaging with the local developer community and providing aplatform for them to expand their knowledge about the latest AI advancements, connect with various Microsoft experts,andelevate their skills to deliver more value faster across industries.”

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Education

Canadian University Dubai hosts visit from the Premier of Newfoundland and Labrador, Canada

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Honourable Dr.Andrew Furey discusses the shared vision and values of the university and his home province

February 15,2024, Dubai, UAE:The Honourable Dr. Andrew Furey, Premier of the province of Newfoundland and Labrador, has met with students, faculty, and staff during a recent campus visit to Canadian University Dubai (CUD). Premier Furey discussed the professional and lifestyle opportunities in Canada’s youngest province and reflected on the shared vision and values of Canada and the UAE in a time of accelerating innovation and green transition.

Prof. Karim Chelli, President & Vice-Chancellor, CUD, The Honourable Dr. Andrew Furey, Premier of the province of Newfoundland & Labrador and Mr. Buti Saeed Al Ghandi, Chancellor, CUD, with the artwork representing the deep-rooted connections between Canada and the UAE by Canadian artist, Mr Sylvain Tremblay

Introduced by Nora Barsonfrom the CUD Schoolof Management, the afternoon’s ceremonial proceedings began with the national anthem of the UAE performed by the President of the CUD Student Council, Shaima Jamal Alhai, followed by the Canadian national anthem, performed by faculty member and internationally acclaimed Canadian pianist, Sanaz Sotoudeh.Welcoming Premier Furey and his delegation to CUD, Chancellor, Mr. Buti Saeed Al Ghandi, spoke about the institution’s dedication to Canadian educational principles.

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Technologies

Yango Unveils Yango Play in GCC

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Yango Unveils Yango Play in GCC: An AI-Powered Entertainment Super App with Movies, Series, Music, and Mini-Games

[UAE, 15.02.2024] – Yango, transforming global technologies into everyday services tailored to local needs, today announced the launch of Yango Play, the first AI-powered entertainment service that combines video streaming, music, and mini-games in one place.

Yango Play offers a diverse range of entertainment options, featuring exclusive premieres of both Arabic and international movies and series, personalized music streaming, and interactive mini-games, all enhanced by Yasmina, an AI-based Arabic voice assistant. Now available in the KSA, UAE, and other GCC countries, the service provides subscribers with cross-platform access on smartphones and TVs.

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Business & Investments

Guinea’s Round Table of Donors in Dubai

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Guinea’s Round Table of Donors in Dubai: A Testament to Global Confidence in Guinea’s Development Vision

Dubai, February 14th, 2024 – The Republic of Guinea is poised to make a significant leap towards achieving its ambitious development goals with the upcoming Round Table of Donors (RTD) event, scheduled for February 15-16, 2024, at the prestigious Ritz Carlton Dubai Hotel. Organised by the Ministry of Planning and International Cooperation, this event has already garnered an overwhelming response from the international community, reflecting global confidence in Guinea’s potential and strategic development vision.

Her Excellency Ms. Rose Pola Pricemou, Minister of Planning and International Cooperation, expressed her enthusiasm about the unprecedented international interest in Guinea’s development agenda. “The enthusiastic participation from sovereign funds, development banks, financial institutions, and governments worldwide underscores the shared belief in our nation’s growth potential and the vital role of international collaboration in achieving it,” she stated.

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Business & Investments

Americana Restaurants Delivers $2.41 Billion Revenue in FY 2023, Reflecting Stability and Growth

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Americana Restaurants Delivers $2.41 Billion Revenue in        FY 2023, Reflecting Stability and Growth

  • Revenue for FY 2023 reached $2,413.1 million resulting in Adjusted EBITDA margin of 22.8%
  • Gross capex amounted to $167.9 million, supporting scale-up of brands
  • Americana Restaurants opened 300 gross new stores (252 net new stores) in line with its commitment to expansion

UAE, Abu Dhabi 15 February 2024: Americana Restaurants International PLC and its subsidiaries (“Americana Restaurants” or the “Company”) (ADX symbol: AMR/ ISIN: AEE01135A222) (Saudi Stock Exchange symbol: 6015), the largest out-of-home dining and quick service restaurant operator in the Middle East & North Africa (“MENA”) and Kazakhstan, today announced financial results for the twelve months ending December 31, 2023. Amid evolving market dynamics, the company demonstrated financial and operational resilience, positioning itself for continued growth.

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