As part of its contribution to the ‘Dubai 10X’ initiative, which aims to place Dubai 10 years ahead of other cities, the Islamic Affairs & Charitable Activities Department, in corporation with Dubai Future Foundation, has developed two artificial intelligence (AI) projects – the‘ Virtual Charity Foundation’ and ‘Virtual Ifta’.
The ‘Virtual Charity Foundation’ is the world’s first charity institution that allows donations to be routed directly from donor to beneficiary with the use of AI and blockchain technology. The second initiative, ‘Virtual Ifta’, is a platform that uses an ‘artificial intelligence expert system’ – a computer system that emulates the [...]
HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA) inaugurated a workshop, organised in cooperation with Intel Corporation, one of the largest multinational technology companies in the world. The workshop discussed the applications of Artificial Intelligence (AI) and the use of its innovative technologies in DEWA’s workplace. The workshop, which was organised at the Innovation Tent at DEWA’s Head Office, was attended by a number of DEWA’s Executive Vice Presidents, Vice Presidents, officials and staff. This is part of DEWA’s ongoing efforts to keep pace with the Fourth Industrial Revolution and make use of disruptive technologies to reshape [...]
Dubai’s trade sector is forecast to record robust demand in 2018, supported by key factors such as price competition, accessibility and global demand, a new survey from the Dubai Chamber of Commerce and Industry has revealed.
The results of the Dubai Chamber Traders Outlook Survey 2018 were revealed during a business seminar hosted recently at Dubai Chamber premises which was attended by traders and representatives from the local business community.
According to the survey, traders of household goods were most optimistic about their performance in 2018, followed by those operating in the machinery, consumer goods, and textiles sub-sectors. A strong majority of [...]
United Arab Emirates (UAE) reported a significant improvement in consumer confidence with an index of 118 in the fourth quarter of 2017, which is a six-point increase from the previous quarter and a 10-point increase from the same period in 2016 — the highest in the region and ranked fifth globally.
According to the fourth-quarter 2017 Conference Board® Global Consumer Confidence Survey (TCB Global CCS), which is produced in collaboration with Nielsen, the gain in confidence from the third quarter was driven by improvements in perception of personal finances and immediate-spending intentions. In the UAE, respondents were optimistic about their personal finances, with 65% [...]
DMCC, the world’s flagship Free Zone and Dubai government authority on commodities trade and enterprise, is launching its latest report on the ‘Future of Trade’ at London’s Altitude on 15 May 2018.
DMCC Executive Chairman Ahmed Bin Sulayem and Asia House Chairman Lord Green of Hurstpierpoint will address over 130 C-suite executives, academics, government representatives and economists in attendance.
Michael Lawrence, Chief Executive of Asia House and former Global Editor of Reuters, will also chair a Question Time style debate with panellists Sir Jonathan Faull, Chair of European Public Affairs, Brunswick Group and former Deputy Director General, Directorate General of [...]
The Museum of the Future has launched a new six-week accelerator programme designed to attract technology companies that can provide new solutions for futuristic visitor experiences.
Supported by the already established and successful Dubai Future Accelerators, the new programme will fly in 15 companies, selected from applicants, to Dubai, to demonstrate their technology, develop pilot project proposals, and compete for funded projects that could be integrated into the opening of the Museum of the Future.
Expansion follows a successful pilot in South Africa which reduced rhino poaching incidents by 96%
Global technology giants, Dimension Data and Cisco, today announced that they are expanding their anti-poaching Connected Conservation programme into Zambia, Kenya, and Mozambique to continue protecting rhino, as well as help fight the war on the startling numbers of African savanna elephant being poached. This move follows a successful pilot which saw the two companies install some of the world’s most sophisticated technology in a private game reserve located next to the world-renowned Kruger National Park in South Africa.
Since the technology for Connected Conservation [...]
Cisco has been ranked among the top 10 best places to work in the UAE, by Great Place to Work® (GPTW), a global research, training and consultancy firm that identifies the best workplaces in over 50 countries worldwide.
The top 25 companies were awarded at the GPTW annual event, recently held at Jumeirah Zabeel Saray in Dubai. Cisco UAE was recognised for its commitment to creating a workplace that fosters trust, pride and fairness amongst its employees.
“Receiving this recognition as one of the best places to work in the UAE in our first year of participation is both exciting and a great honour. We believe that technology alone doesn’t drive innovation, people do [...]
Persontyle in collaboration with Information Technology Authority (ITA) Oman, SFTS, Oman Blockchain Club, DSME Foundation and Global Blockchain Consortium announced that they are holding their first Certified Blockchain Business Professional (CBBP) workshop on May 14 at the Grand Millennium Hotel Muscat.
Persontyle is organizing this certification workshop for business and technology professionals, leaders and CXOs, industry professionals, managers, head of departments, consultants, bankers, government officials and academics to gain a practical and applied understanding of the Blockchain Technology, use cases, Blockchain platforms (DLTs), Smart Contracts and best [...]
Growth, Corporate Strategies, IT and Workforce Issues Continue to Top CEOs’ Priorities in 2018
Growth tops the list of CEO business priorities in 2018 and 2019, according to a recent survey of CEOs and senior executives by Gartner, Inc. However, the survey found that as simple, implemental growth becomes harder to achieve, CEOs are concentrating on changing and upgrading the structure of their companies, including a deeper understanding of digital business.
“Although growth remains the CEO’s biggest priority, there was a significant fall in simple mentions of it this year, from 58 percent in 2017 to just 40 [...]
The Smart Dubai Office (SDO) has announced the winners of this year’s global Blockchain Challenge. Ireland’s AID Tech came in first, while the UAE’s Smart Crowd and the USA’s Codex rounded up the top 3 winners from the 17 finalists that will receive a total of USD 45,000 for the exceptional Blockchain solutions presented in the challenge, supporting the strategy that aims to make Dubai the first blockchain-powered city within two years. They will also have the opportunity to network with the right government stakeholders and potentially develop their ideas further in Dubai.
The Blockchain Challenge followed on from last year’s successful inaugural [...]
When His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum – Crown Prince of Dubai and Chairman of the Executive Council launched the Gov Games at the beginning of March this year, one of the future goals for expanding the world-first initiative was to invite international participation in future editions of the competition. Organisers announced that this goal has already been achieved in the inaugural competition, which is a testament to its unique and visionary nature, and the international attention it has garnered.
The international teams from seven countries will join more than 150 teams from local and federal government entities across the United Arab [...]
Customer Experience Represents the Majority of AI Business Value Through 2020
Global business value derived from artificial intelligence (AI) is projected to total $1.2 trillion in 2018, an increase of 70 percent from 2017, according to Gartner, Inc. AI-derived business value is forecast to reach $3.9 trillion in 2022.
The Gartner AI-derived business value forecast assesses the total business value of AI across all the enterprise vertical sectors covered by Gartner. There are three different sources of AI business value: customer experience, new revenue, and cost reduction.Customer experience: The positive or negative effects on indirect cost. Customer experience [...]