Category Archives: Education

Education

AURAK launches Advanced Technology and Artificial Intelligence Center, as AI set to become a dominant job creator

A World Economic Forum survey reveals that half of the companies surveyed were keen to adopt AI to create jobs

Ras Al Khaimah, UAE, August 1, 2024: The American University of Ras Al Khaimah (AURAK) has launchedthe Advanced Technology and Artificial Intelligence Center(ATAIC), an innovative Information and Communications Technology (ICT) research center operating under the School of Engineering and Computing.  The launch of this center occurs against the backdrop of AI becomingthe dominant job creator globally.

This is a significant development when viewed against the findings of the World Economic Forum’s Future of Jobs survey (2023) which revealed that nearly half (49%) of the companies surveyed were keen to adopt AI to create jobs, in contrast to the 23% of respondents who expect it to displace jobs.

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Education

Canadian University Dubai accredited by Institute of Chartered Accountants in England and Wales

ICAEW accreditation to boost students’ professional development and employability

July 30,2024 : Dubai, UAE: Canadian University Dubai has earned accreditation from the Institute of Chartered Accountants in England and Wales (ICAEW), enabling students to fast-track their professional qualifications and boost their long-term career prospects. Accreditation from this globally renowned and respected organization will also open doors to specialized training, networking, and graduate employment opportunities, for students aiming to pursue a career in the accounting and finance field.

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Education, Technologies

RLtools: Technology Innovation Institute and New York University Debut Novel Reinforcement Learning Library

  • Innovative framework developed in partnership with New York University Agile Robotics and Perception Lab
  • RLtools aims to address critical training challenges in autonomoussystems

Abu Dhabi-UAE: 29 July 2024 – The Technology Innovation Institute (TII), a leading global scientific research center and the applied research pillar of Abu Dhabi’s Advanced Technology Research Council (ATRC), today announced that its Autonomous Robotics Research Center (ARRC) has released RLtools, an open-source, groundbreaking reinforcement learning library that addresses critical training challenges in autonomous systems. Developed in collaboration with New York University’s Agile Robotics and Perception Lab, as part of a joint project, ‘Learning to Fly in Seconds’, this achievement marks the first instance of training high-speed, end-to-end drone controllers on a standard commercial grade computer.

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Education

Multinational Consortium to Build Khalifa University Student Accommodation Facilities

  • Accommodation will provide 3,260 single ensuiterooms across two campuses in Abu Dhabi
  • Project was structured by ADIO as part of Abu Dhabi’s Public Private Partnership Programme, which aims to encourage private sector to participate in major infrastructure projects
  • Australia’s Plenary, the Belgian-French BesixGroup and Mazrui International form part of newly selected KUnnected Living consortium
  • KUnnected Living has received a 23-year concession for the largest single investment in student accommodation in the UAE

Abu Dhabi, UAE – 24 July 2024: The Abu Dhabi Investment Office (ADIO), in collaboration with Khalifa University of Science and Technology, has awardedKUnnected Living – a multinational consortium led by Plenary Group, BESIX, and Mazrui International,a project to develop world-class student accommodation facilities in Abu Dhabi. The project has nowsuccessfully reached commercial close.

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Business & Investments, Education

Mashreq led a record $3.25 billion sustainability-linked financing for GEMS Education

Mashreq led a record $3.25 billion sustainability-linked financing for GEMS Education

  • Landmark deal marks the largest sustainability-linked financing in the region
  • Debut Sustainability-linked financing for GEMS Education
  • Mashreq acted as the Lead Sustainability Coordinator, Initial Mandated Lead Arranger and Bookrunner, Account Bank, and Global Agent & Conventional Facility Agent
  • The financing will be tracked against a set of relevant Key Performance Indicators (KPIs) during the 10-year tenure of the facility

Dubai, UAE,24 July2023: Mashreq, a leading financial institution in the MENA region, leda  groundbreaking $3.25 billion Leverage Buyout Sustainability-linked financing for GEMS Education.

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