Monthly Archives: November 2024

Technologies

Snowflake launches AI innovations, accelerating efficient and trusted AI into production with enterprise data

Dubai, United Arab Emirates; November 13th 2024 – Snowflake, the AI Data Cloud company, today announced new AI features to its platform, enabling developers to effortlessly build conversational apps for structured and unstructured data with high accuracy, efficiently batch inference of large language models (LLM) for natural language processing (NLP) pipelines, and train custom models with GPU-powered containers — all with built-in governance, access controls, observability, and safety guardrails ensuring that AI security and trust remain at the forefront.

The launches make it easier for companies to deliver simple, effective and reliable AI solutions for all data, including structured and unstructured data.

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Business & Investments

The 2nd Edition of Brands of India Opens Doors for Global Retailers & Distributors to Discover 150+ Indian Apparel Manufacturers

  • The Clothing Manufacturers Association of India (CMAI) is hosting the 2nd edition of ‘Brands of India’ from 12 to 14 November 2024 at Za’abeel Hall 4, Dubai World Trade Centre, UAE.
  • Brands of India is a mega trade show of top Indian apparel manufacturers, which is set to spark unprecedented business opportunities mainly in MENA region
  • The show is supported by Ministry of Textiles, Government of India, Embassy of India in UAE, Apparel Export Promotion Council (AEPC), Noida Apparel Export Cluster (NAEC), TEXMAS (Dubai) and Readymade Garments Merchants Group (Dubai).
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Business & Investments

Paymentology Announces Strategic Partnership with Zand Bank to Accelerate Fintech Growth in the UAE

Dubai, United Arab Emirates – 12 November 2024 – Paymentology, the leading global issuer processor, has signed a referral partnership with Zand Bank, the UAE’s first fully licensed, all-digital bank. This collaboration focuses on expanding financial services for fintechs and startups, aiming to accelerate innovation and growth in the UAE. 

Since 2022, Zand Bank has empowered UAE and global corporate, institutional, and wealth clients to unlock new opportunities, foster sustainable growth, and drive positive impacts in the digital economy.

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Education

RIT Dubai team develops communication technology for verbally impaired patients

Solution uses brain signals and eye movements to articulate thoughts through an avatar

November 13,2024 Dubai, UAE: A graduation project developed by a team from Rochester Institute of Technology (RIT) of Dubai has delivered an innovative solution to help verbally impaired patients to communicate through an avatar-based artificial intelligence model. The project is the work of Emirati electrical engineering graduate, Abdallah Al-Serkal and classmate Ahmad Yousef who spent two years developing and refining the technology during their undergraduate degree studies.

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Business & Investments

Mastercard collaborates with Tap Payments on first global launch of ‘Click to Pay’ with Payment Passkey service for ecommerce

  • The partnership helps transform the ecommerce experience by merging streamlined checkout processes with enhanced security

Dubai, UAE; 12 November 2024: Mastercard has partnered with Tap Payments, one of the leading payment institutions and technology providers in the Middle East and North Africa, to introduce a global-first Click to Pay with Payment Passkey service for secure ecommerce transactions.

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