DUBAI / WAM Artificial intelligence (AI) will contribute $320 billion to the Middle East economy by 2030 — the equivalent to 11 percent of GDP, the PwC Middle East has revealed in a latest study. Drawing on PwC research to illustrate the scale of economic impacts associated with AI, the report outlines that there are greater, untapped opportunities that could ...

DUBAI / WAM The UAE is ranked third in an analysis of Islamic Fintech start-ups, according to a survey by Bloomberg Intelligence, issued on Sunday. Malaysia and the United Kingdom are ranked first and second. The analysis, published to coincide with the UAE’s Innovation Month and carried out for Bloomberg by Edmond Christou, finds that tailored regulation and clarity on ...

Dubai / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, received on Sunday Narendra Modi, Prime Minister of India on the sidelines of the World Government Summit (WGS 2018), Sheikh Mohammed bin Rashid and Prime Minister Modi discussed boosting strategic cooperation between the two nations as well as a ...