News

ABU DHABI / WAM The Mohamed bin Zayed University of Artificial Intelligence (MBZUAI), a graduate-level and research university focused on Artificial Intelligence (AI), has announced Professor Fakhreddine (Fakhri) Karray as its new Provost. Professor Karray will work closely with Professor Eric Xing, President of MBZUAI, to develop the institution’s academic and research strategy and implementation plans towards accomplishing the university’s ...

Abu Dhabi / Emirates Business Adnoc Logistics & Services (Adnoc L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company (Adnoc), announced on Sunday its strategic partnership with Netherlands-headquartered Roll Group to strengthen its turnkey integrated logistics offering. The partnership with Roll Group enables Adnoc L&S to jointly implement heavy haulage solutions for both onshore and ...

DUBAI / WAM Amanat Holdings, a healthcare and education investment company, has reported a total income of AED255.6 million, a significant nine-fold increase from the AED28.2 million in H1-2020, according to the company’s financial results for the first half ended on June 30, 2021. The income from investments similarly grew at a stellar pace to AED251.9 million versus AED21.3 million ...

SHARJAH / WAM Sharjah Islamic Bank (SIB) has announced the launch of its new SIB Digital account, which allows customers to open an electronic account instantly and easily using the smart bank application, and without the need to visit the branch. Waleed Al Amoudi, Head of Digital Banking at Sharjah Islamic Bank, said, “The launch of the new digital account ...

DUBAI / WAM Dubai Future Foundation (DFF) recently announced the opening of submissions for the “One Million Arab Coders Challenge”, inviting the initiative’s graduates from all over the world to submit their innovative projects for a chance to win prizes worth more than $1 million. Coders can submit their projects — websites or apps — based on the skills they ...

AJMAN / WAM HH Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Ajman Executive Council, lauded the bilateral relations between the UAE and Estonia, as well as their cooperation in all areas, especially in digital technology. “The world is progressing, and we must keep pace with these developments,” he said, noting the UAE’s leadership ...

ABU DHABI / WAM The Abu Dhabi Residents Office (ADRO) has launched a new web tool to help parents of high school students in the Emirate of Abu Dhabi confirm if their children have been selected to receive a Student Golden Visa. The launch of the website follows the Emirates Schools Establishment’s (ESE) announcement that 2,036 exceptional students – 950 ...

DUBAI / WAM Dubai’s Roads and Transport Authority has been named ‘Team of the Year’ at the British Safety Council International Safety Awards 2021. From the 292 organisations that won an International Safety Award, including businesses from the UK, Africa, Asia, India, mainland Europe and the Middle East, the RTA’s team was the sole Team of the Year winner. The ...

Bloomberg A Covid outbreak that has partially shut one of the world’s busiest container ports is heightening concerns that the rapid spread of the delta variant will lead to a repeat of last year’s shipping nightmares. The Port of Los Angeles, which saw its volumes dip because of a June Covid outbreak at the Yantian port in China, is bracing ...

Bloomberg Olam International Ltd, one of Asia’s biggest agricultural commodity traders and suppliers, has a target for its food ingredients unit to become part of the FTSE 100 after its initial public offering in London. The company, a major supplier of cocoa beans and products, green coffee and spices, expects the IPO to be “one of the bigger listings” on ...