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AI to contribute $96bn to UAE’s GDP by 2030

DUBAI / WAM Rapid adoption of artificial intelligence (AI) solutions will increase the UAE’s GDP by $96 billion by 2030, enabling organisations to better meet and predict customer and citizen trends and drive digital business innovation. As the UAE Strategy for AI guides nationwide transformation, AI and machine learning are entering the mainstream. PwC predicts that AI will contribute $96 ...

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Meraas unveils Hatta eco-tourism projects

ABU DHABI / Emirates Business Meraas has announced a series of major projects aimed at boosting the tourism sector in Hatta and advancing the social and economic development of the area. The move aligns with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, which include ...

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FEWA, CBI sign agreement on bill payment services

DUBAI / WAM The Federal Electricity and Water Authority (FEWA) signed an agreement with the Commercial Bank International (CBI) under which the bank will provide bill payment services to its customers through its branches within and outside the UAE. The agreement was signed by Sheikha Murad Al Blooshi, Director of the Revenue and Credit Department, and Shaker Zainal, Head of ...

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