Education, Featured

Sharjah Islamic Bank and University of Sharjah: Advancing Financial Literacy

As part of a broader initiative to strengthen partnerships with UAE universities and colleges

Sharjah Islamic Bank, University of Sharjah Collaborate to Promote Financial Literacy and Develop National Talent

Sharjah, United Arab Emirates, June 4, 2026: Sharjah Islamic Bank and the University of Sharjah (UoS) have signed a Memorandum of Understanding (MoU) aimed at establishing a general framework for cooperation between the two parties across financial literacy, professional development, practical training, talent acquisitionand enhancing students’ readiness for the post-graduation phase. The partnership seeks to bridge academic education with practical application and support joint initiatives that create added value for both institutions and their target audiences.

The partnership marks the first step in a broader initiative adopted by Sharjah Islamic Bank to strengthen collaboration with universities and colleges across the UAE. The initiative reflects the bank’s commitment to investing in national talent, promoting financial literacy, and contributing to the development of a future-ready workforce equipped to navigate the demands of a rapidly evolving economy.

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Technologies

The Role of AI in Transforming the Arab Private Sector

Artificial Intelligence (AI) shaping future of private sector in Arab world, highlights seminar

  • Dr. Nidal Abou Zaki: The gap between companies using AI and those not ahead of current technological trends is set to widen
  • AI is driving economic competitiveness and investments
  • 44 per cent of current skills are anticipated to change over next five years
  • The global AI market is projected to reach USD 4.8 trillion by 2033
  • 40 per cent of global jobs face digital transformation impact

June 4, 2026:Artificial Intelligence (AI) is emerging as a decisive force shaping the future of the private sector across the Arab world, fundamentally transforming business environments, corporate structures, and institutional performance, according to Dr. Nidal Abou Zaki, Founder and Managing Director of Orient Planet Group (OPG), who delivered the keynote address during a forum held recently at Al-Ahram Establishment in Cairo.

The event brought together business leaders, technology experts, economists, and media professionals to discuss the profound technological transformations reshaping corporate environments as the private sector in the Arab world faces a new phase of economic and digital transformations. Discussions focused on AI’s growing influence on management practices, productivity, competitiveness, decision-making, and the future of work.

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Business & Investments

UBS Global Family Office Report 2026:

Family offices pivot to resilience as geopolitical risk and structural uncertainty reshape global portfolios

Majority of those surveyed plan strategic portfolio changes, increase diversification across currencies, and deepen investment in artificial intelligence amid a more complex, global investment landscape

Dubai/ United Arab Emirates, June 03, 2026 – UBS, the largest truly global wealth manager, today announced the publication of the UBS Global Family Office Report 2026, which surveyed its family office clients around the world on the unique challenges and opportunities they face. Drawing on insights from 307 family offices across more than 30 markets with an average net worth of USD 2.7 billion, the report finds that family offices are prioritizing resilience, diversification and long-term thematic opportunities, as they prepare for sustained geopolitical and economic uncertainty.

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Business & Investments

CIPS MENA Forum: Future of Procurement & Supply Chain Insights

AI, resilience and supplier risk to dominate procurement agenda in the Middle East

CIPS MENA Futures Forum to spotlight how procurement leaders are navigating AI disruption, geopolitical uncertainty and growing supply chain complexity

Dubai, 4 June 2026: Artificial intelligence (AI), supply chain resilience and supplier risk management are set to dominate discussions among procurement and business leaders across the Middle East as organisations face mounting pressure to modernise operations and strengthen long-term resilience.

Sam Achampong, CIPS Regional Director

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