Monthly Archives: September 2024

Technologies

Core42 Launches Compass Chat App & Enhanced Platform for Enterprise Inference Solutions

23 September 2024 – Abu Dhabi, United Arab Emirates: Core42, a G42 company and provider of sovereign cloud and AI infrastructure and services, announced the revamp of Compass Platform, the latest model of its Compass suite. The inferencing platform introduces new features, including Compass Chat mobile app, designed to empower businesses and developers with seamless AI integration and infrastructure capabilities to build a wide range of GenAI applications.

The launch of Compass Version 2.0 earlier this year marked a significant milestone, with its integration of Qualcomm® Cloud AI 100 Ultra inference accelerators that allowed customers and partners to leverage a wide array of pre-optimized Generative AI, Embeddings, Computer Vision, and Natural Language Processing AI models. 

Continue reading Core42 Launches Compass Chat App & Enhanced Platform for Enterprise Inference Solutions →
Business & Investments

Aafaq Islamic Finance Celebrates Staff Graduating from PwC Academy Middle East’s Leadership Development Program, Highlighting Commitment to Employee Growth

Dubai, UAE – 23 September 2024- Aafaq Islamic Finance is thrilled to announce the graduation of respective employees in the Aafaq Leadership Development Program, delivered in collaboration with PwC Academy Middle East, the talent and skills development business of PwC. This achievement reflects Aafaq’s strong belief in investing in its people, helping them grow both personally and professionally to drive the company forward.

Continue reading Aafaq Islamic Finance Celebrates Staff Graduating from PwC Academy Middle East’s Leadership Development Program, Highlighting Commitment to Employee Growth →
Real Estate

Nakheel awards AED 1.8 billion construction contract for Como Residences

Dubai, United Arab Emirates, 23 September 2024: Nakheel, a member of Dubai Holding Real Estate, has awarded an AED 1.8 billion contract for the construction of exclusive residential tower Como Residences on Palm Jumeirah to ALEC Engineering & Contracting LLC, renowned for its expertise in delivering high-value projects.

Scheduled for handover in Q2 2028, the 75-storey residences will stand over 300 metres tall and offer just 81 residences, ranging from two- to seven-bedroom apartments, including a spacious duplex penthouse. A maximum of two apartments occupy each floor, providing an exclusive lifestyle for residents, served by access-controlled elevators leading to private lobbies. This distinctive design means that each apartment enjoys a breathtaking 180-degree view of the sea and skyline, while apartments placed from level 23 and above have an extraordinary 360-degree panoramic view of Jumeirah Burj Al Arab to the east and Ain Dubai to the west, making Como Residences one of the most unique living experiences in Dubai.

Continue reading Nakheel awards AED 1.8 billion construction contract for Como Residences →
Business & Investments

RHEEM MIDDLE EAST ESTABLISHES REGIONAL HEADQUARTERS IN SAUDI ARABIA: A NEW ERA OF INNOVATION AND TALENT EMPOWERMENT

Rheem Middle East has marked a significant milestone with the opening of its new regional headquarters (RHQ) in Saudi Arabia, reinforcing its commitment to expanding its presence in the region.

Dubai, UAE, 23 September 2024: Rheem Middle East, a leading manufacturer of innovative and energy-efficient air conditioning and water heating solutions, has opened its new regional headquarters (RHQ) in Riyadh, Saudi Arabia. This move reinforces Rheem’s commitment to investing in one of its key markets, and is set to further accelerate its growth across the region.

Continue reading RHEEM MIDDLE EAST ESTABLISHES REGIONAL HEADQUARTERS IN SAUDI ARABIA: A NEW ERA OF INNOVATION AND TALENT EMPOWERMENT →