Author: Mahdeehassan

Dubai, United Arab Emirates– Dubai has pledged to train a million people in AI prompt over the next three years after His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of the Executive Council of Dubai and Chairman of the Board of Trustees of the Dubai Future Foundation (DFF) announced ‘One Million AI Prompters’, the world’s first initiative of its kind. AI prompt engineering is critical to getting the best out of generative AI. It involves understanding the capabilities, limitations and nuances of AI models and is predicted to be one of the most important…

ABU DHABI – Core42, a G42 company and full-spectrum AI enablement solutions provider, is excited to announce the availability of its latest Arabic Large Language Model (LLM), JAIS 30B Chat, on Microsoft Azure. Announced by Satya Nadella, Chairman and CEO of Microsoft, at the kick-off of Microsoft Build 2024, this collaboration aims to simplify access to cutting-edge AI, enabling deployment across diverse industries. JAIS available through Microsoft Azure AI’s Model-as-a-Service offering, provides pre-trained model and infrastructure allowing customization to build with Core42’s models to meet diverse needs and specifications. The integration bridges the gap in generative AI accessibility for the world’s…

Over the past year, both the Tadawul (Saudi Arabia’s stock exchange) and global stock markets have defied persistent skepticism. Looking ahead, global trends will continue to impact investment opportunities, but specific changes are poised to significantly boost the Saudi stock market. Here’s why: Global Trends vs. Regional Trends: The increasing dominance of global trends over regional ones is crucial, as noted by seasoned financial analyst Shakeel Ahmed. As global and U.S. stock markets fluctuate, Tadawul follows suit, a correlation Shakeel Ahmed emphasizes. The statistical measure of correlation coefficients reflects stock volatility, a concept he underscores. Over the past 30 years,…

Paris/Riyadh, May 22, 2024 – Amsa Hospitality and Luxury Hotelschool Paris are proud to announce the signing of a strategic partnership for joint operations in the Kingdom of Saudi Arabia. This collaboration marks a significant step in elevating education within the hospitality sector. Under the new agreement, Luxury Hotelschool Paris will partner with Amsa Hospitality to review and certify training materials and conduct a “train the trainer” program across the Kingdom. This initiative is open to the entire hospitality sector and all interested hoteliers, extending beyond those employed at Amsa Hospitality. Globally recognized for its excellence in teaching and pedagogy,…

Gordon Brothers, the global asset experts, opened an office in Dubai to strengthen its presence in the Middle East. The firm has been active in the Middle East since 2023 and provides holistic solutions across asset services and trading to retail and industrial clients in the region with a focus on servicing companies, financial institutions and their advisors. Positioned at a key intersection between east and west, the Dubai office is a strategic investment for Gordon Brothers. Phillip Weston, Director, Commercial & Industrial, leads the Dubai office and is responsible for driving growth in the region and delivering asset-based solutions…

Fine Hygienic Holding (FHH), a global hygiene industry leader, is proud to announce its Al Nakheel paper manufacturing plant has been awarded the EcoVadis Silver Rating. The prestigious recognition underlines FFH’s position among the top 20 per cent of companies globally in terms of sustainability practices and showcases its leading role in environmental and corporate social responsibility. This EcoVadis Silver Rating for Al Nakheel Hygienic Paper Manufacturing LLC, a key part of FHH, highlights the company’s commitment to setting new standards in sustainable manufacturing practices in the hygiene industry both regionally and globally. FHH embarked on an extensive sustainability performance evaluation…

Riyadh, May 2024: Oxford Business Group (OBG) and Eyad Reda Law Firm LLP. (ERLF) have signed a partnership agreement aimed at deepening insights into Saudi Arabia’s evolving legal framework and its impact on the economy, business and investment environment. This collaboration, formalised through a Memorandum of Understanding (MoU), will see ERLF provide valuable insights into the Kingdom’s legal framework for the forthcoming edition of The Report: Saudi Arabia 2024. As OBG’s partner for the legal framework chapter, ERLF will provide in-depth analysis of recent developments and reforms in the Saudi legal and regulatory landscape. The chapter will offer insightful perspectives…

In a region celebrated for its blend of tradition and innovation, Palik is leading the way with its unique approach to footwear. This pioneering British company, recognized as a member of footwear associations, has captured the attention of UAE fashion admirers seeking both style and sustainability. Leading this movement is Saba Donyavi, a visionary entrepreneur driven by a passion for exceptional craftsmanship and cultural fusion. Palik Limited: An Icon of British Excellence Palik Limited, headquartered in the UK, epitomizes British footwear excellence. As a proud member of the British Footwear Association, Palik is renowned for its dedication to craftsmanship, innovation,…

Riyadh, Saudi Arabia- Saudia Group, represented by Saudia, the national flag carrier of the Kingdom of Saudi Arabia, and flyadeal, the group’s low-cost carrier, has signed a firm order for an additional 105 A320neo Family aircraft. The order comprises 12 A320neo and 93 A321neo aircraft. This increases Saudia Group’s Airbus aircraft order backlog to 144 A320neo family aircraft. The agreement was announced at the Future Aviation Forum in Riyadh in the presence of H.E. Saleh bin Nasser AIJasser, Minister of Transport and Logistic Services of the Kingdom of Saudi Arabia, H.E. Engr. Ibrahim Al-Omar, Director General of Saudia Group and…

King Faisal Specialist Hospital & Research Centre (KFSHRC) has achieved a significant milestone by winning the 2024 Tech Impact Award, a prestigious recognition presented by the Value-Based Health Care Centre Europe. This accolade, awarded for its pioneering Home Hemodialysis (HHD) initiative, underscores KFSHRC’s unwavering commitment to comprehensive healthcare and further cement its position as a global leader in the healthcare industry. The award-winning initiative is a testament to KFSHRC’s patient-centric approach, designed to address the unique needs of kidney patients with advanced medical conditions, physical disabilities, and mobility challenges. This comprehensive system of continuous and supportive care, delivered in the…