Monthly Archives: September 2024

Real Estate

OMNIYAT GROUP Launches BEYOND, a Development Company Focused on The Wider Luxury Real Estate Market

  • The Group Unveils a Landmark 11 Million Square Feet Project on Jumeirah Coastline in Collaboration with Dubai Maritime City, with 8 Million Square Feet Dedicated to BEYOND’s Developments

Dubai, United Arab Emirates, 12 September 2024 – OMNIYAT GROUP launches BEYOND, a pioneering development company focused on the wider luxury real estate market. As part of this bold initiative, OMNIYAT GROUP has unveiled an extraordinary 11 million square feet strategic project on the Jumeirah coastline, of which 8 million square feet will be dedicated to BEYOND. This visionary development will create a breathtaking living experience, blending the beauty of verdant landscapes with cutting-edge luxury, set against the stunning backdrop of Dubai’s waterfront.

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Technologies

Dubai AI & Web3 Festival Attracts 6,800 Visitors from over 100 Countries

  • The Dubai AI & Web3 Festival was opened by Hamdan bin Mohammed
  • During day two, DIFC announces Dubai AI Licence and AI As A Service solution
  • AI and Web3 finalists compete in inaugural Future Tech World Cup

Dubai, UAE, 12 September 2024: Under the directives of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, Chairman of The Executive Council of Dubai, and Chairman of the Higher Committee for Future Technology and Digital Economy, the Dubai AI & Web3 Festival organised by the Dubai AI Campus in strategic partnership with DIFC and the Minister of State for Artificial Intelligence, Digital Economy & Remote Work Applications Office, successfully concluded today.

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Business & Investments

Boston Consulting Group Unveils Comprehensive Evaluation of Artificial General Intelligence (AGI) at Global AI Summit 2024

Riyadh, Saudi Arabia, September 12, 2024— The GAIN Summit 2024 draws to a close today and brought together a diverse group of international leaders, experts, and innovators in the AI industry. The summit aims to facilitate meaningful discussions and collaborations on the future of artificial intelligence. During the summit’s opening day, the Boston Consulting Group, an insight partner for the event, unveiled its latest white paper on Artificial General Intelligence. (AGI).

AGI The Next Frontier in AI Revolution and Its Implications

The new report, “Artificial General Intelligence: Demystifying AI’s Next Frontier,” explores AGI’s key concepts and future potential and examines how it differs from current AI technologies. The report provides an overview of AGI’s applications across industries, its technological and ethical challenges in development, and the governance frameworks necessary for its responsible implementation. It also highlights the need for stakeholder collaboration to guide AGI’s progress and ensure its benefits are realized safely and equitably.

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Technologies

Envision 2024 unites global leaders for AI-driven progress in the UAE, Oracle and Huawei announced as key sponsors

Through the collective efforts of sponsors and partners, Envision 2024 promises to be a cornerstone for knowledge exchange, inspiration, and forging a path towards technological excellence.

Dubai, UAE, 12 September 2024: du, from Emirates Integrated Telecommunications Company (EITC), in collaboration with Digital Dubai, today announced exclusive partners for Envision 2024. Under the theme “Gathering Nation’s Leaders for Progress with AI-Driven Digitalization,” Envision 2024 is set to ignite conversations and actions towards an AI-enabled future of the UAE.

Envision 2024 will explore the vast capabilities of emerging technologies with an aim to accelerate digital transformation. It will bring together leaders and decision-makers advocating for the seamless integration of advanced technologies to foster growth and sustainable development across key sectors including manufacturing, healthcare, education, smart cities, and agriculture.

Jasim Al Awadi, CICTO at du said: “As partners in the UAE’s digital journey, du is excited to host the second edition of Envision, where the nation’s leaders converge to script the next chapter in our AI-fueled transformation story. Our goal is to drive digital excellence to contribute to a sustainable and prosperous future in line with the transformative goals of the UAE government. “

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Business & Investments

Mair Group for Strategic Investments Launches Operations in Abu Dhabi

Abu Dhabi, September 12, 2024: Mair Group for Strategic Investments announced the launch of its operations in Abu Dhabi, to utilize its potential in developing businesses within key economic sectors.

Mair Group’s investment portfolio includes a number of major local institutions and companies, including the Abu Dhabi Cooperative Society, which was launched in 1980, and then expanded after its merger with Al Ain, Dalma, and Al Dhafra Cooperative Societies in 2023, based on the decision issued by the Department of Economic Development – Abu Dhabi,to enhance its role in economic and social development.

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