Monthly Archives: December 2024

Technologies

Putin Highlights Russia’s Role as a Hub for Advanced Technologies, with Sber and National AI Alliance Leading the Way at AI Journey Conference

  • Dr. Aisha Bin Bishr, former Director General of the Smart Dubai Office (UAE), gave examples AI traffic lights now save every driver in Dubai 20 minutes a day, and traffic jams have been reduced by 15%. In general, the UAE is paying a lot of attention to the development of artificial intelligence: in 2017, the country became the first in the world to introduce the position of Minister of AI.

December 18, 2024, Dubai: AI Journey, an international conference on artificial intelligence and machine learning, has hosted the main panel discussion, AI for Humans: Helping People. Uniting Countries, featuring Russian President Vladimir Putin and moderated by Sberbank CEO and Chairman of the Executive Board Herman Gref.

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Business & Investments

GMG Caps Transformative 2024 with Strategic Expansion, Digital Innovation, and Sustainability Milestones

UAE-based global wellness conglomerate demonstrates strong performance across business verticals while advancing sustainability and inclusion agenda

Dubai, UAE, December 16, 2024 – GMG, a global well-being and retail conglomerate, today announced its key business achievements for 2024, highlighted by the expansion of its 12-year partnership with VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear, and accessories. Building on GMG’s current operations of 90 VF mono-brand stores in MENA and Southeast Asia, the enhanced partnership will add more than 300 new stores across these regions over the next five years, alongside developing E-commerce operations for selected VF brands.

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Business & Investments

Gensler Middle East Announces New Appointment to Accelerate Growth in Retail & Mixed-Use Sectors

Dubai, UAE – 18 December 2024 – Gensler Middle East is pleased to announce the appointment of Gensler Principal, Todd Pilgreen as the Asia Pacific and Middle East (APME) Regional Practice Area Leader for the Mixed Use & Retail Centers and Retail & Consumer Experience Practice Areas.

Pilgreen brings extensive experience and expertise to this role, having recently relocated from Shanghai, where he co-managed Gensler’s 250-person office for six years. He is now based in the firm’s Dubai office, overseeing projects across the APME region. 

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Real Estate

Asteco Awarded “Property Management Company of the Year” at World Realty Congress Awards 2024

Abu Dhabi, December 16, 2024 – Asteco, a leading real estate services company, has won the “Property Management Company of the Year” award at the World Realty Congress Awards 2024, held recently in Dubai. The award recognised Asteco’s exceptional performance, innovative strategies and firm commitment to client satisfaction within the property management sector.

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