Daily Archives: August 1, 2024

Education

AURAK launches Advanced Technology and Artificial Intelligence Center, as AI set to become a dominant job creator

A World Economic Forum survey reveals that half of the companies surveyed were keen to adopt AI to create jobs

Ras Al Khaimah, UAE, August 1, 2024: The American University of Ras Al Khaimah (AURAK) has launchedthe Advanced Technology and Artificial Intelligence Center(ATAIC), an innovative Information and Communications Technology (ICT) research center operating under the School of Engineering and Computing.  The launch of this center occurs against the backdrop of AI becomingthe dominant job creator globally.

This is a significant development when viewed against the findings of the World Economic Forum’s Future of Jobs survey (2023) which revealed that nearly half (49%) of the companies surveyed were keen to adopt AI to create jobs, in contrast to the 23% of respondents who expect it to displace jobs.

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Real Estate

GCC investors expected to spend more than $4bn in UK commercial property market annually: Bank of London and The Middle East report

  • Falling interest rates, improved affordability to acquire assets and improved outlook for increased investment returns to drive GCC investor appetite
  • Growing investment appetite for good quality and flexible assets with strong sustainability credentials seen as emerging trend
  • Purpose-built student accommodation (PBSA) buildings experience rise in demand due to growing number of students form the Gulf region at British universities

01 August 2024: Investment into UK commercial property by Gulf investors is expected to grow to more than $4bn (£3.1bn) annually, according to new research from Bank of London and The Middle East (BLME), a Sharia’a compliant bank based in London.

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Travel & Tourism

VFS Global introduces Japan visa services for UAE residents

  • Japan Visa Application Centres operational in Abu Dhabi and Dubai from 1 August 2024
  • E-Visa services to be made available to travellers through VFS Global’s Japan Visa Application Centres from 1 September 2024
  • Optional services such as Visa At Your Doorstep, Premium Lounge, Prime Time submissions, Form-filling Assistance, among others, offered for added convenience
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Shopping & Promotions

Union Coop Launches ‘Back to School’ Promotions with Discounts of Up to 60%

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Dubai, UAE:

Dr. Suhail Al Bastaki, Chief Community Relations Officer at Union Coop, announced the launch of the cooperative’s annual ‘Back to School’ promotional campaign, coinciding with the start of the new academic season. The campaign features four distinct promotional offers, with discounts of up to 60% on hundreds of school supplies and products. This initiative is part of Union Coop’s ongoing efforts to provide value-driven promotions to its customers throughout the year.

Dr. Al Bastaki highlighted that Union Coop has created a valuable opportunity for consumers and shoppers of all categories to find all their back-to-school essentials at competitive and reduced prices across its branches in Dubai and through its E-commerce website and Smart app. The range includes stationery, electronics, and school bags.

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