Category Archives: Business & Investments

Region’s largest trade show -DIFLEX 2024- opens

India looks at raising MEA leather Market Share in US$13.70 billion Push by 2030

• India’s leather, footwear and leather products exports in the first half of 2024-25 fiscal at US$2.45 billion
• The UAE and Saudi Arabia key to Middle East growth for India’s leather products and footwear industry, says official

Dubai, December 10, 2024: The Middle East and Africa (MEA) markets hold huge unexplored potential for India’s leather products and footwear industry as the Country is working towards a target of US$13.70 billion turnover in exports by 2030 as part of a strategic growth initiative, said a senior official today.

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Iraq Britain Business Council back in UAE with Autumn Conference ‘Growing Opportunities’

  • Iraq’s GDP is set to rise 5.3% in 2025 and stock exchange funds up 17% this year.
  • UAE is also supporting the tech start up ecosystem in Iraq through a future initiative for a new incubator for AI and Fintech, set to be announced in 2025 and discussed on the Tech forum.

Dubai, December 06, 2024: The Iraq Britain Business Council (IBBC) is organizing the IBBC Autumn Conference ‘Growing Opportunities’, on December 13, 2024, at Taj Hotel Dubai. H.E. Abdullah Al Saleh, Undersecretary of the Ministry of Economy UAE, will grace the occasion to deliver the welcome address.

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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.

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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.

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Arab National Bank Leverages Riverbed Observability and AIOps Solutions to Execute Major Digital Banking Upgrade and Enhance Customer Experiences

Riyadh, Saudi Arabia – December 10, 2024 – Riverbed, the leader in AI Observability, announced today that Arab National Bank, one of the largest banks in the Middle East and headquartered in Riyadh, has collaborated with Riverbed to help deliver on its commitment to meeting the high expectations of its customers through “brilliant digital interfaces.”

By implementing Riverbed’s Platform – including Network and Infrastructure Observability and AIOps solutions – Arab National Bank has seamlessly migrated its core banking application and delivered top-quality digital experiences for over two million customers and over 4,000 employees.

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