Daily Archives: August 5, 2024

Technologies

Gartner Predicts 30% of Generative AI Projects Will Be Abandoned After Proof of Concept By End of 2025

  With GenAI, There Is No One-Size-Fits-All, and Costs Aren’t as Predictable as Other Technologies

DUBAI, UAE, August 4 2024 – At least 30% of generative AI (GenAI) projects will be abandoned after proof of concept by the end of 2025, due to poor data quality, inadequate risk controls, escalating costs or unclear business value, according to Gartner, Inc.

Rita Sallam, Distinguished VP Analyst at Gartner said, “After last year’s hype, executives are impatient to see returns on GenAI investments, yet organizations are struggling to prove and realize value. As the scope of initiatives widen, the financial burden of developing and deploying GenAI models is increasingly felt.”

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Business & Investments

EWEC and Mediclinic Middle East Extend Clean Energy Partnership

EWEC will power all of Mediclinic Middle East’s advanced healthcare facilities in Abu Dhabi with electricity generated from 100 per cent clean energy sources

Partnership reinforces Mediclinic Middle East’s commitment to sustainable practices

Abu Dhabi, UAE – 5 August2024:EWEC (Emirates Water and Electricity Company), a leading company in the integrated planning, purchasing and supply of water and electricity across the UAE, today announced the extension of a clean energy partnership agreement with Mediclinic Middle East, a leading private healthcare provider based in the UAE.

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Health Care

Registrations for the 3rd edition of RAK Diabetes Challenge begin today August 5 until 10th, cash prizes worth AED 20,000 for the top winners

3-month long RAK Diabetes Challenge 2024: A Nationwide Effort to Reduce Diabetes Burden and Improve Health

Diabetes is a gateway to numerous life-threatening diseases: Combat Diabetes with Lifestyle Changes

Ras Al Khaimah, UAE – August 5, 2024 – Building on the overwhelming success of last year’s RAK Diabetes Challenge, which brought life-changing improvements to 5,000 participants, RAK Hospital, in association with MOHAP-RAK (Ministry of Health and Prevention- Ras Al Khaimah), proudly announces the 3rd edition of the country’s foremost Diabetes Challenge. Registration for this three-month-long contest begins today, August 5, and will be open until August 10. The challenge is tailored for individuals with an HbA1C level of 5.7 and above, offering them a unique opportunity to embark on a transformative health journey. Participants can register online for Physical &Virtual categories.

Continue reading Registrations for the 3rd edition of RAK Diabetes Challenge begin today August 5 until 10th, cash prizes worth AED 20,000 for the top winners →
Education

Pearson Appoints Dave Treat as Chief Technology Officer

Dubai, UAE, 5th August,  2024– Pearson (FTSE: PSON.L), the world’s lifelong learning company, is announcing the appointment of Dave Treat as Chief Technology Officer. Dave will report to CEO Omar Abbosh. Working in close partnership with Pearson’s Chief Product and Chief Information Officers, he will lead technology innovation and architecture across the company. This includes enhancing the company’s presence in the AI and tech community, driving strategic technology partnerships, and engaging with emerging technology and ed tech start-ups.

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Shopping & Promotions

Union Coop Exclusive: Free Multi-Use Shopping Bag to Promote Sustainable Shopping

Union Coop is offering free “Multi-use Shopping Bags” for purchases over AED 200 from August 1st to the second week of September, aligning with their strategy to reduce plastic usage and promote sustainable shopping practices.

Dubai, UAE:

Dr. Suhail Al Bastaki, Chief Community Relations Officer at Union Coop, confirmed that Union Coop is committed to implementing the decision of the Executive Council of Dubai regarding regulating the use of single-use products in Dubai. As part of its awareness initiatives, the cooperative will provide free eco-friendly bags to consumers, aiming to protect the natural environment, encourage sustainable and eco-friendly behaviors among community members, and promote the culture of using recyclable materials to contribute to sustainable development.

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