The MoU for 36 additional A380 aircraft was agreed in January, and is valued at $16 billion. Deliveries are expected to start as early as 2020.
Human capital investment “vital” for innovation, says World Bank president
Kim discussed the need for countries to invest in education and awareness around the fact that jobs of the future will be very different to those of today. In the Middle East alone, he claims, 150 million people will leave the workforce by 2050, but an additional 450 million will join.
OKI Europe announces new general manager for META
OKI Europe has appointed Veronika Seehof to the role of general manager, finance and administration for Middle East, Turkey and …
55 billion messages a day: The story of WhatsApp
When Neeraj Arora met with WhatsApp founders Brian Acton and Jan Koum, after completing just more than four years at Google, he instantly fell in love with their vision – to build a communication platform for the world.
SAP CEO hails UAE’s AI vision to fuel job growth
SAP CEO Bill McDermott today praised the UAE’s efforts in using artificial intelligence to transform the country’s digital economy, fuel job growth and accelerate innovation.
“Over 40% of jobs could be lost to AI,” says WEF chairman
More than 40 percent of jobs could be lost to artificial intelligence in the next 20 years, according to Professor …
Science fiction-like scenarios now a reality: World Government Summit
Experts discussed advancements in genome editing and biotechnology, along with their implications on society and healthcare in a series of …
Technology is key to solving sustainability issues, says UAE minister
Dr. Al-Zeyoudi said, “Innovation and technology generate a wide range of socio-economic values and create jobs, and therefore, innovation is at the heart of our development agenda to drive our economic diversification objectives.”
AI could “fundamentally disrupt markets” in MENA: reports
A PwC Middle East study has said that artificial intelligence (AI) will contribute $320 billion to the Middle East economy …
RTA launches driverless pods at WGS 2018
Dubai’s Road and Transport Authority (RTA), in cooperation with Next Future Transportation, launched the first tests of the “world’s first” autonomous pods today, on the sidelines of the World Government Summit.
UAE tops Arab countries in Islamic fintech report
The UAE has ranked third in an analysis of Islamic Fintech start-ups, according to a survey issued today by Bloomberg Intelligence.
Xiaomi opens third Mi store in UAE
In partnership with its local distributor TASK, Xiaomi has opened its third Mi Authorised Mi store in the UAE in …
UAE invests in human space habitation research
The UAE has launched the Space Settlement Challenge; a dedicated seed grant fund that supports ambitious projects from all areas …
UAE TRA nominates 13 projects for ITU accolades
The Telecommunications Regulatory Authority (TRA) announced the nomination of 13 national projects, to compete in the World Summit on the …
New government innovation platform unveiled
As part of the sixth World Government Summit, which will be held from 11th to 13th February, 2018, in Dubai, …
Sheikh Mohammed inaugurates ‘Museum of the Future’
Vice president and prime minister of the UAE and ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum has opened …
Gulf firms getting accustomed to VAT filing: Tally
The new year was heralded as the onset of the VAT regime in the GCC. It is now a little …
DIFC Courts launches region-first paperless trials
DIFC Courts has become the first court in the Middle East to introduce a new cloud-based technology to allow court …
Gulf Software Distribution appoints new general manager
Gulf Software Distribution, the value-added distributor of IBM Software Solutions, has appointed Gareth Hansford as the new general manager across …
DEWA awards $300M contract for power station
Dubai Electricity and Water Authority (DEWA) has awarded the AED 1.1 billion contract for the construction of the 4th phase of H-Station at Al Aweer to a consortium comprising Siemens and ELSEWEDY Power, according to the Dubai Media Office.