Tag Archives: Featured

Education

RIT Dubai hosted graduation of NOMU Al Ghurair Women in AI program

100 Emirati women empowered to excel in Artificial Intelligence

June 17,2025: Dubai, UAE: Rochester Institute of Technology (RIT) of Dubai has hosted the graduation of the NOMU Al Ghurair Women in AI program, in collaboration with the Abdulla Al Ghurair Foundation (AGF) and the pioneering educational institution, ZAKA. The event recognised the achievements of 70 Emirati & Arab women who successfully completed the 20-week AI Certification program with ZAKA, which was established to increase the skills capacity in artificial intelligence and machine learning in the UAE.

Graduates of the NOMU Al Ghurair Women in AI program receive their certificates

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Technologies

“Forbes Highlights Dr. Sahar Hashmi’s Creative AI Strategies Designed to Preserve Millions for Big Tech Investors”

In recent years, a number of high-profile AI startups—backed by leading AI investors—have faced significant setbacks, with some incurring losses in the hundreds of millions of dollars even after promising early traction and ambitious valuations.

These developments serve as a cautionary signal to the global AI investment community: in a landscape defined by rapid innovation and media-fueled excitement, conventional due diligence practices are no longer sufficient. The AI sector, in particular, has become increasingly vulnerable to hype, with some startups overstating their technological capabilities—often relying on hundreds of human coders behind the scenes while promoting their solutions as fully autonomous AI systems.

As the old adage goes, “Anyone can sell snake oil, but not everyone is selling the real deal.” Distinguishing genuine innovation from inflated claims is more critical than ever for investors seeking sustainable, long-term value in the AI space.

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Real Estate

ANAX Developments Brings ELLE’s First Residential Project to the Middle East and Its Second Globally

Landmark Residential Project Set to Launch on Dubai Islands

12 June 2025, Dubai – Following the success of its first residential tower in Miami, the acclaimed fashion and lifestyle brand ELLE, owned by the French Lagardère Group, is set to make its Middle East debut with an exclusive residential project on Dubai Islands.

At an official signing ceremony, Satish Sanpal, Chairman of ANAX Holding and François Coruzzi, CEO of ELLE International Licenses / Lagardère Group, formalized a strategic partnership to launch ELLE’s first branded residential project in the UAE.

Developed by ANAX Developments under a licensing agreement with Lagardère News (an entity of the Lagardère Group), ELLE Residences Dubai Islands will become a new architectural and cultural landmark. The project will be brought to life by global design experts The One Atelier, renowned for their work on luxury residences for brands such as Dolce & Gabbana, Karl Lagerfeld, and Fendi Casa. Co-creative direction will be led by ARQUINAUT, the international design studio that created the original ELLE Residences concept, and will oversee both architecture and interiors.

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Real Estate

Emirates Properties launches Dh350 million Azha Millennium Residences

Emirates Properties launches Dh350 million Azha Millennium Residences as Dubai’s branded home supply grows

The launch of Azha Millennium Residences embodies Dubai’s strategic vision to raise the real estate market value to Dh1 trillion by 2033

Dubai, UAE, June 13, 2025

Under the patronage of HH Sheikh Rashid bin Humaid Al Nuaimi, Chairman of the Municipality and Planning Department in Ajman, Emirates Properties Group launched Azha Millennium Residences, an ultra-luxury branded mixed-use development that will be developed at the heart of Jumeirah Village Triangle (JVT), Dubai.

Being developed by Emirates Properties Group, one of the large property developers in the UAE, the Dh350 million Azha Millennium Residences will deliver an exquisite collection of 196 Millennium Hotels & Resorts-branded apartments and curated retail spaces upon completion in Q4 2027.

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Business & Investments

MoneyGram Partners with tiqmo

MoneyGram Partners with tiqmo, one of Saudi Arabia’s Fastest-Growing Digital Wallets, to Power Cross-Border Money Movement

As one of the largest cross-border remittance and payment networks in the world, MoneyGram was selected by tiqmo for its global scale and leadership in Saudi Arabia

RIYADH, Kingdom of Saudi Arabia, June 12, 2025 – MoneyGram, a leading global payments network for consumers, businesses and communities, today announced a partnership with tiqmo, the Most Rewarding Financial App in Saudi Arabia. Through this partnership, tiqmo users across Saudi Arabia can now send international money transfers to over 200 countries and territories via the global MoneyGram network.

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