Author: Mahdeehassan

(Abu Dhabi, UAE, 29 May 2024) – A milestone achievement in the fight against misinformation has been reached with the unveiling of an unprecedented instant fact-checking tool. VGLNT, the first real-time AI-powered fact checker that seamlessly integrates with your phone, has launched its operations, reflecting the region’s commitment to addressing the global fight against misinformation. With the rise of social media and AI, misinformation has become a billion-dollar problem, shaping public opinion and making it hard for users to discern what is real, fake, or AI-generated. This groundbreaking AI tool will empower customers to verify and validate what they consume…

Egypt: Mr. Selçuk Meral, Chairman of the Board of Directors of GMT, the company organizing the African Tourism Forum and Exhibition in Sharm El-Sheikh, announced that this event will be held annually in Sharm El-Sheikh due to the immense success of the first edition last May 20 and 21. He expressed his belief that the first session of the forum, held in collaboration with the Rixos Hotels Group, as the first of its kind in Africa, added significant value to the tourism sector, tourism professionals, and investors. It fostered new partnerships and served as an effective platform for business and information exchange. “I was…

Pavel Mochalkin, CEO of Urbi, “As we step into Gitex Africa Morocco, we are showcasing not just our technological expertise but our commitment to fostering sustainable urban environments. Our participation here is a testament to Urbi’s leadership in revolutionizing geospatial technologies that pave the way for smarter, more livable cities across the globe. We are excited to demonstrate how our innovations in Liveability, SmartStreets, and SmartCities are creating tangible impacts in urban management.” Mohammed Al Beloushi, Deputy CEO of Urbi, “Gitex Africa presents a unique platform for Urbi to highlight our advanced solutions in cities and urban management. Urbi’s solutions…

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…