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DUBAI / WAM Commercial Bank International (CBI) has announced its investment in zypl.ai, a fintech startup pioneering the application of generative AI in lending. Commenting on zypl.ai, Ali Sultan Rakkad Al Amri, CEO of CBI, said “Our partnership with zypl.ai, an innovative AI platform, signifies a strategic entry into using AI implementation for advanced credit scoring. By harnessing zypl.ai’s synthetic ...

ABU DHABI / WAM The Abu Dhabi Chamber of Commerce and Industry (ADCCI) announced the establishment of 54 working groups within the Advocacy Hub initiative. These working groups are part of the efforts to support the growth and prosperity of the private sector by providing an ideal platform for businesses within Abu Dhabi to discuss the challenges facing various sectors, ...

ABU DHABI / WAM Abu Dhabi Investment Office (ADIO) is collaborating with Dustour Marine Wooden Boats Trading Establishment to establish a new state-of-the-art project to support the Emirate’s coastal development in line with urban, social, recreational and economic expansion plans. The Musataha agreement was signed during the Abu Dhabi Department of Economic Development’s (ADDED) second edition of its Al Multaqa ...

DUBAI / WAM Dr. Khalifa Al Suwaidi, Secretary-General and CEO of Hamdan bin Rashid Al Maktoum Foundation for Medical and Educational Sciences, received a Russian delegation from the Talent and Success educational foundation and Sirius Federal Territory Council (Sirius), led by Elena Shmeleva, Chairman of Sirius, at the Hamdan Foundation’s headquarters. This visit comes as part of the Foundation’s efforts ...

SHARJAH/ WAM The Sharjah Archaeology Authority is organising an exhibition in Uzbekistan showcasing archaeological discoveries from the Emirate of Sharjah. The Silk Road House in Samarkand, Uzbekistan, will host this exhibition from 18th April to 22nd May, 2024. The exhibition features 121 unique archaeological pieces. These artefacts represent a curated selection from various historical periods in Sharjah, spanning from prehistoric ...

ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued directives to settle the outstanding financial dues of UAE resident students registered in the country’s government schools for previous years of study at a total cost of AED155 million. The initiative taken by His Highness Sheikh Mohamed bin Zayed Al Nahyan epitomises the values of giving rooted ...

ABU DHABI/WAM Building on its efforts to deepen partnership with private sector and family offices, the Abu Dhabi Department of Economic Development (ADDED) organised, in collaboration with Abu Dhabi Investment Office (ADIO), the second edition of Al Multaqa quarterly meetings, presenting business community with recent updates on the Emirate’s economy and achievements in 2023 and highlighting future opportunities. Launched in ...

ABU DHABI/WAM The Joint Operations Command of the Ministry of Defence announced the implementation of the 24th airdrop of humanitarian and relief aid as part of the “Birds of Goodness” operation. Two C17 aircraft belonging to the UAE Air Force and a C130 and C295 aircraft belonging to the Egyptian Air Force participated in the airdrop operation. The airdrop was ...

ABU DHABI / AD MEDIA OFFICE The Abu Dhabi Quality and Conformity Council (QCC) recorded positive performance indicators during 2023. These indicators reflect the council’s efforts in developing the quality control infrastructure in Abu Dhabi, supporting the growth of vital sectors and enhancing competitiveness. Abdullah Al Yazeedi, Executive Director of the Strategic Affairs Sector at the council, said: “In 2023, ...

ABU DHABI / AD MEDIA OFFICE ADQ has announced the formation of Arcera, a global holding company in the life sciences sector headquartered in Abu Dhabi, which aims to be a leader in addressing and mitigating healthcare challenges by offering products that improve the quality and longevity of human life. Consolidating ADQ’s existing assets in the sector, the establishment of ...