Monthly Archives: December 2024

Business & Investments

Evolving Global Asset Management Industry in Focus at Asset Abu Dhabi

Evolving Global Asset Management Industry in Focus at Asset Abu Dhabi

•                Bridgewater Founder Ray Dalio took to the stage to discuss the Principles of a Changing World Order

•                A total of 14 MoUs and strategic agreements have been signed between prominent entities at ADFW

Abu Dhabi, UAE, 10th December 2024: Abu Dhabi Finance Week (ADFW), the flagship event hosted by ADGM, continued into a second day with the 2024 edition of Asset Abu Dhabi. The forum, organised with theme partners ADCB, Mubadala and PGIM Global Asset Management, discussed topics such as investing in the next decade of technology, opportunities in Private Equity & Credit and investing in cities of the future.

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Shopping & Promotions

Majid Al Futtaim Retail launches Carrefour’s first 24/7 express delivery service in Dubai

  • Through the Carrefour application, customers can place orders 24/7, with deliveries arriving in 60 minutes or less.
  • Customers can access over 10,000 products at hypermarket prices any time without any additional markup for late night orders — the largest offering from an online delivery platform.

Dubai, United Arab Emirates, 11 December 2024: Majid Al Futtaim Retail, which owns the exclusive rights to operate Carrefour in the UAE, has launched its 24/7 express grocery delivery service in Dubai. Offering the largest online product selection at competitive hypermarket prices and covering Dubai’s widest express delivery area, this service reaffirms Carrefour’s commitment to providing customers with unparalleled convenience and a seamless shopping experience.

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Technologies

AppliedAI unveils the world’s first Large Work Model (LWM) and Work Knowledge Graph for Supervised Automation in Regulated Industries

  • Opus.com is a generative AI workflow platform to automate critical processes in regulated industries such as banking, healthcare, life sciences and insurance to reduce operating costs and eliminate human error.
  • Developed in partnership with Palantir, McKinsey & Metalab, Opus combines auditable AI workflows with human expert reviews to 10x the productivity of labour.
  • Hardened with military-grade security and compliance best-practice, Opus protects sensitive data with its state-of-the-art technical architecture.
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Education

BITS Pilani Dubai Campus achieves remarkable placement success with 80% Overall Placements, 95% in UAE-based role

  • Almost 100% placement achieved in core engineering streams
  • 5% Increase in placements with 17% More employers participating in campus recruitment compared to last year
  • BPDC’s Career Readiness Program and Practice School drive industry readiness & placement success

Dubai, UAE – BITS Pilani Dubai Campus (BPDC) has set a benchmark for academic and professional excellence by achieving an impressive 80% campus placement rate for its 2023-24 batch of students, with an astounding 95% securing roles in UAE-based companies. This accomplishment underscores BPDC’s strong industry connections within the region and highlights its pivotal role in preparing students for successful careers.

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Business & Investments

Polen Capital Announces Expansion into ADGM with New Office Opening

Abu Dhabi, UAE – December 9, 2024 – Polen Capital, a global investment management firm specializing in growth equity and credit, is excited to announce its intention to open an office in ADGM. The firm received its In-Principle Approval (IPA) from the Financial Services Authority (FSRA) of ADGM, marking a significant step forward in its growth strategy within the Middle East.

Polen Capital’s decision to establish an office in the ADGM is driven by its commitment to providing innovative investment solutions and enhancing its global presence. The new office will enable Polen Capital to better serve its clients in the region while capitalizing on growth opportunities within one of the largest, fastest-growing financial hubs in the world.

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