Category Archives: Business & Investments

Business & Investments

Tripling of global robotics market to US$189.36 billion by 2027

 Tripling of global robotics market to US$189.36 billion by 2027 and surge of AI drive STEMpedia on the hunt for future coders and innovators with Codeavour 5.0 International

Codeavour 5.0 International was hosted in the UAE where the number of AI professionals has quadrupled to 120,000 from 2021 to 2023

Date: Dubai, UAE; May 09, 2024

STEMpedia, an innovative tech-education ecosystem that helps students master the art of coding, has successfully conducted the fifth edition of its global ground-breaking innovation fest, Codeavour 5.0 International, at the Dubai American Academy on May 4th and 5th. Codeavour is an international Artificial Intelligence (AI), coding, and robotics competition hosted annually to encourage kids to bring out their inner programmers and make innovative projects using PictoBlox, a visual programming software to learn coding and AI.

It provides a platform for students to learn and effectively utilize the latest technologies likeAI, Machine Learning (ML), Augmented Reality – Virtual Reality (AR–VR), and Robotics. Codeavour 5.0 saw participants applying Pictoblox to develop innovative solutions that aligned with sustainability.

Continue reading Tripling of global robotics market to US$189.36 billion by 2027 →
Business & Investments

Dubai FinTech Summit concludes with over 8,000 visitors from 118 countries

Dubai FinTech Summit concludes with over 8,000 visitors from 118 countries

  • The 3rd edition of the Dubai FinTech Summit to be held on 7-8 May 2025, under the directives of His Highness Sheikh Maktoum.
  • The 2nd edition of Dubai FinTech Summit attracted over 8,000 visitors from 118 countries around the world.
  • Over 50 Memorandum of Understandings (MoUs) were signed during the Summit with global financial leaders.
  • More than 20 top investment management firms with investments in 12,000 companies participated in the Summit.
  • Nik Storonsky, Founder and CEO of Revolut inked expansion plans in the MEASA region, marking a significant step towards fostering financial inclusion through cutting-edge technology.
  • State Street Global Advisors’ President and Chief Executive Officer, Yie-Hsin Hung confirmed the reopening of its Dubai offices.
  • Dyna.Ai, the Singapore headquartered firm launched operations across Asia, the Middle East, Africa, Europe, North America and Latin America, with offices planned in the UAE, Saudi Arabia, and Nigeria.
Continue reading Dubai FinTech Summit concludes with over 8,000 visitors from 118 countries →
Business & Investments

Ramco Systems brings its revolutionary payroll-platform ‘Ramco Payce’ to the UAE

Ramco Systems brings its revolutionary payroll-platform ‘Ramco Payce’ to the UAE

Payce set for UAE debut as Ramco leverages advanced technologies for fast, effortless and precise payroll processing with enhanced employee satisfaction

May 09, Dubai, UAE: Ramco Systems, a leading global enterprise solutions provider specializing in payroll technology, has announced the launch of Ramco Payce, a revolutionary platform-based payroll software, in the UAE. With Ramco’s two decades of exceptional performance in this domain, this new payroll solution is designed to transform how businesses in the UAE manage their payroll processes by leveraging cutting-edge technologies such as serverless in-memory computing, data analytics, artificial intelligence, and machine learning.

Continue reading Ramco Systems brings its revolutionary payroll-platform ‘Ramco Payce’ to the UAE →
Business & Investments

“بنك مونيومنت” البريطاني يؤمن تمويلاً من الشيخة أمل بهوان

“بنك مونيومنت” البريطاني يؤمن تمويلاً من الشيخة أمل بهوان

دبي، الإمارات العربية المتحدة – 8 مايو 2024: يسر “بنك مونيومنت” ، وهو بنك رقمي مقره المملكة المتحدة، أن يعلن عن تأسيس علاقة مالية استراتيجية مع “الشيخة أمل سهيل بهوان”، رئيسة مجلس إدارة البنك الوطني العماني وواحدة من أبرز الشخصيات في قطاع الخدمات المالية في دول مجلس التعاون الخليجي. وقد استحوذت الشيخة أمل بهوان على حصة كبيرة من أسهم “بنك مونيومنت” وستساهم في تعزيز تطوير عمليات البنك في المملكة المتحدة ودول مجلس التعاون الخليجي وعبر الأسواق الدولية الأخرى. وستساعد خبرة الشيخة بهوان في توجيه استراتيجية “بنك مونيومنت” للارتقاء بعملياته في المملكة المتحدة، إلى جانب تشكيل وتطوير بعض الفرص الاستراتيجية التي سيدرسها البنك في المستقبل، بما في ذلك ترخيص تقنيته العصرية والقوية ضمن أسواق جديدة متنوعة، بما في ذلك سلطنة عمان وبلدان أخرى ضمن المنطقة.

وعملت “ألبن كابيتال”، شركة الاستشارات المصرفية الاستثمارية ومقرها دبي، بصفتها المستشار المالي لبنك مونيومنت.

Continue reading “بنك مونيومنت” البريطاني يؤمن تمويلاً من الشيخة أمل بهوان →
Business & Investments

Prestigious Sharjah Government Communication Award unveils 22 categories for a global competition

Accepting submissions for the 11th edition from May 7th to August 1st

Prestigious Sharjah Government Communication Award
unveils 22 categories for a global competition

Sharjah Government Communication Award standardises participation criteria, underlining innovation & excellence as a top requirements in communication strategies – be it in government or private sectors or amongst individual initiatives

Continue reading Prestigious Sharjah Government Communication Award unveils 22 categories for a global competition →