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Presight AI Holding now listed on Abu Dhabi Securities Exchange

ABU DHABI / WAM Presight AI Holding, a G42 company and a big data analytics company powered by artificial intelligence (AI), has listed and commenced the trading of its shares on the First Market of the Abu Dhabi Securities Exchange (ADX) on Monday. The initial public offering (IPO) of the company was oversubscribed by 136 times in aggregate, excluding the ...

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Admaf, MBZUAI sign deal to empower UAE’s youth

ABU DHABI / WAM The Abu Dhabi Music and Arts Foundation (Admaf) announced the signing of a memorandum of understanding with the Mohammed bin Zayed University of Artificial Intelligence (MBZUAI) as part of its ongoing efforts to empower the nation’s youth and help develop their skills. Through the MoU, both parties aim to create a pathway to knowledge by co-curating ...

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Q Properties unveils stylish luxury apartments in Reem Hills

ABU DHABI / GULF TIME Q Properties — a leading UAE real estate developer and subsidiary of Q Holding — unveiled a collection of stylish new luxury apartments in Reem Hills, located in the heart of the capital and the only gated community on Al Reem Island. The new collection has been created for value seeking buyers wanting an attractive, ...

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Dubai Police to promote maritime safety, security

DUBAI / GULF TIME Dubai Police announced its collaboration with Informa Markets to support the upcoming Seatrade Maritime Logistics Middle East (SMLME) event. Held under the patronage of the UAE Ministry of Energy and Infrastructure, the leading maritime and logistics event in the region is scheduled to take place on May 16-18, at the Dubai World Trade Centre. Dubai Police ...

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Hale Education wraps up its most successful Early Admissions Cycle to date

DUBAI / GULF TIME For over a decade, Hale has helped over 1,500 UAE students achieve their fullest potential through acceptances to over 175 US and Canadian universities, including all eight Ivy League universities, and secure nearly $50 million in scholarships. The Class of 2023 began the academic year with a mixed bag of emotions brimming with anxiety, anticipation, and ...

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Response Plus Holding wins four Stevie Awards for innovative management in healthcare industry

DUBAI / GULF TIME Response Plus Holding PJSC (RPM),  a leading healthcare provider of emergency medical services, remote healthcare services and occupational health solutions in the United Arab Emirates – received four Stevie Awards, including a GOLD Stevie Award for Innovative Management in the Healthcare Industry for organisations with 100 or more employees, in the fourth annual Middle East & ...

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Sheikh Zayed Housing Programme OKs AED299mn in aid for citizens

ABU DHABI / WAM The Sheikh Zayed Housing Programme (SZHP), an initiative under the Ministry of Energy and Infrastructure (MoEI), has issued 432 decisions for housing aid valued at AED298.7 million. This includes applications for house construction, completion, purchase, maintenance, and upgrade. The move is part of the Initiatives of the UAE President and is pursuant to the order of ...

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Aramco, its Chinese partners sign deals to build refinery

BEIJING / WAM / AGENCIES Saudi Arabia’s Aramco expressed its intention to be an all-inclusive source of energy and chemicals for China’s long-term energy security and China’s high- quality development. Amin H Nasser, Aramco President and CEO, told the China Development Forum 2023 that the company is doubling down on China’s energy supply, including new lower carbon products; chemicals; and ...

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DP World investments hit AED37.3bn since 2012

DUBAI / WAM DP World has invested more than $10 billion (AED37.3 billion) in the global logistics sector since 2012, making it one of the top five overseas investors in this period, according to the latest foreign direct investment (FDI) data released by leading industry consultants. The FT’s FDI Intelligence recently published its top five list for 2022, which ranks ...

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UAE’s minister urges investment and action for water sustainability at UN

DUBAI / WAM Mariam bint Mohammed Almheiri, the Minister of Climate Change and Environment, emphasised the importance of collaboration, data sharing and investment in achieving global solutions for promoting water sustainability in an interactive dialogue and side sessions at the United Nations in New York. The UN 2023 Water Conference brought together global leaders and experts to identify innovative solutions ...

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