All posts by uaenews247

Business & Investments, Education

Digital Data Design Institute at Harvard Expands Global Network with First-Ever AI Conference Hosted by Harvard in Dubai

Global AI leaders will gather in the United Arab Emirates (UAE), a hub of AI innovation, at the AI Elevate conference on 13 December

Dubai, UAE – 10 December , 2024

The Digital Data Design Institute at Harvard announced today its continued global network expansion with the first-ever AI conference hosted by Harvard in Dubai, UAE.

Karim Lakhani, Faculty Chair of the Digital Data Design Institute at Harvard

The conference, AI Elevate: From Readiness to Exponential Growth, will be hosted in collaboration with the Harvard Business School Club of the GCC on Friday, 13 December 2024 at the iconic Museum of the Future. UAE leaders from business, academia, and government, will convene to explore effective AI strategies, its impact on industries, and how AI innovations can drive growth in global markets.

Continue reading Digital Data Design Institute at Harvard Expands Global Network with First-Ever AI Conference Hosted by Harvard in Dubai →
Business & Investments

ACCA urges businesses to weigh up sustainability implications of AI investment

Accountants need to ensure long term sustainability objectives are not sacrificed for short term AI gains

Dubai, UAE; 10 December 2024: The latest of the Association of Chartered Certified Accountants’ (ACCA) AI Monitor series Unravelling AI’s role in sustainability states that to embrace AI effectively requires education and a cultural mind shift.

Accountants have a key role in driving organisations towards using AI (artificial intelligence) to hit sustainability goals, especially in the area of data quality and data governance. At the same time, they must make organisations aware of the environmental impact of AI investment in terms of greater emissions and water usage.

Continue reading ACCA urges businesses to weigh up sustainability implications of AI investment →
Shopping & Promotions

Celebrate 30 Years of DSF with DJG’s AED 1.5 million in Gold Prizes

Dubai, UAE 4 December 2024: Dubai Jewellery Group (DJG) is all set to celebrate the 30th edition of the Dubai Shopping Festival (DSF) with an extraordinary promotion offering a whopping AED 1.5 million in gold. This promotion allows shoppers to win big while enjoying world-class jewellery shopping experiences.

During the Dubai Shopping Festival (DSF) from December 6, 2024, to January 12, 2025, customers who spend AED 1,500 or more on jewellery at participating outlets will have the opportunity to win their share of AED 1.5 million in gold. Each week, a total of 1 kilogram of gold will be awarded in raffle draws, with 20 winners receiving 1/4 kilogram each. Weekly draws are scheduled on December 13, 20, 27, and January 3 and 12, 2025.

Continue reading Celebrate 30 Years of DSF with DJG’s AED 1.5 million in Gold Prizes →
Technologies

ACI Worldwide Scamscope Estimates 43% YoY Growth in UAE APP Scam Losses for 2024, Projects US$30 Million in Losses by 2028

Dubai, United Arab Emirates – 10 December 2024 – Authorized push payment (APP) scam losses are on the rise, expected to climb to US$7.6 billion by 2028 across six leading real-time payment markets (U.S., U.K., India, Brazil, Australia and UAE), according to the latest Scamscope report from ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, in partnership with GlobalData, a leading data and analytics company.

According to the report, the UAE saw US$8.3 million in APP scam losses and is expected to hit US$30.3 million by 2028, with a 2023-2028 compound annual growth rate (CAGR) of 29.6%.

Continue reading ACI Worldwide Scamscope Estimates 43% YoY Growth in UAE APP Scam Losses for 2024, Projects US$30 Million in Losses by 2028 →
Shopping & Promotions

Union Coop Year-End Celebrations: 6 Promotional Campaigns with Up-to 60% Discounts

Dubai, UAE:

Dr. Suhail Al Bastaki, Union Coop’s Chief Community Relations Officer, announced the launch of 6 exclusive promotional campaigns in December. These campaigns include discounts of up to 60% on over 1,000 selected products across various categories. This initiative is aimed at enhancing the shopping experience for customers and is part of Union Coop’s annual plans to celebrate the end of 2024 with shoppers.

Continue reading Union Coop Year-End Celebrations: 6 Promotional Campaigns with Up-to 60% Discounts →