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GENEVA / WAM The UAE participated in the 2nd edition of the AI for Good Global Summit, which was organised by ITU in Geneva, in partnership with other UN organisations. Addressing the three-day event, Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, spoke about the UAE’s role in leading the international drive for AI governance to serve ...

ABU DHABI / Emirates Business The tourism industry in the Middle East and North Africa (Mena) region is expected to reach $350bn by 2027, according to Mena Research Partners, a leading research company in the region. The UAE and Saudi Arabia are expected to grow at a CAGR of 5% over the next 10 years. Currently, the UAE and Saudi ...

Sharjah / Emirates Business Sharjah Investment and Development Authority (Shurooq) has signed a Memorandum of Understanding (MoU) with REI Holding Group and Haewon Medical Foundation Sejong General Hospital to establish the first Korean hospital in Sharjah. The signing ceremony took place in the South Korean capital Seoul, where HE Marwan bin Jassim Al Sarkal, as well as several representatives from ...

Belgrade / Emirates Business HE Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of Climate Change and Environment, led a high-level UAE delegation to Novi Sad, Serbia to participate in the 85th International Agricultural Fair. In his keynote address, HE Dr Al Zeyoudi said: “Due to extreme weather events linked to climate change, food diversity and food security are at ...

Abu Dhabi / Emirates Business startAD, the innovation and entrepreneurship platform anchored at New York University Abu Dhabi (NYUAD), announced NEURAi as the winning startup of the hardware Venture Launchpad, an immersive 10-day program which recently drew to a close. NEURAi, an artificial intelligence powered business analytics platform, received a grant of $10,000 through the Etihad Airways Innovation Kickstarter Award. ...

DUBAI / WAM The Roads and Transport Authority (RTA), signed a Memorandum of Understanding (MoU), with the Dubai Corporation for Ambulance Services enabling the issuance of approvals for ambulance vehicles operated by private health entities online. This move is a part of the RTA’s strategy to step up cooperation with all Dubai government departments and share information and knowledge in ...

Dubai / Emirates Business FinTech Hive at DIFC, the first and largest financial technology accelerator in the Middle East, Africa and South Asia region, will begin accepting applications for its 2018 programme starting May 20, kicking off a competitive search for the top financial technology (fintech) and insurance technology (insurtech) innovators in the region. The FinTech Hive at DIFC was ...

DUBAI / WAM Etihad Museum, an entity managed by Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts and heritage, launched a ‘Teachers Pack’ as part of the educational programmes to celebrate International Museums Day. Dubai Culture partnered with the Ministry of Education and the Knowledge and Human Development Authority (KHDA) to launch the ‘Teachers ...

New York / WAM In a strong statement to the UN Security Council, the UAE expressed concern with growing disrespect for international law around the world, and particularly in the Middle East, at an Open Debate on upholding international law and the maintenance of international peace and security. The debate was hosted by Andrzej Duda, the President of Poland, which ...

Abu Dhabi / WAM The Federal Tax Authority (FTA) has set three requirements and procedures for UAE nationals to refund Value Added Tax (VAT) incurred on the new residences. The conditions state that in order to refund VAT, applicants must be UAE national; the monetary cost in question must have gone towards financing the construction of a new residence, set ...