The UAE-based AI startup AIREV has secured investment from Irish private equity firm Venturewave Capital to accelerate the global rollout of ‘On-Demand’, a pioneering AI operating system that currently has 60,000 users.
The first industrial robot was developed by George Devol in 1954 and sold to General Motors, who used it on their production line. Today, robotics is big business. Goldman Sachs has stated that by 2035, the global humanoid robot market will reach USD 38 billion, while Elon Musk predicts it will eventually become a USD
The UAE’s non-oil economy continues to show strong momentum, according to the latest report by OPEC.
Dubai is preparing to host the 2025 edition of the Dubai AI Festival, reaffirming its status as a global hub for AI and emerging technologies.
Ras Al Khaimah Economic Zone (RAKEZ) has reaffirmed its commitment to strengthening commercial ties between the UAE and the UK as the lead sponsor of the British Chamber of Commerce Dubai (BCCD)’s stakeholder reception in central London.
The Khaleej Times UniExpo will take place from 16–17 April at The H Dubai. This will be the eighth edition of the two-day summit which will explore future-focused academic and career pathways and feature over 35 leading universities and higher education institutions.
The UAE’s healthcare reforms and legislative changes appear to have been well received in many quarters. After all, a closer alignment with healthcare regulation in developed Western economies was arguably long overdue.
Abu Dhabi-based Mubadala Energy has announced a major investment into the US energy sector through the acquisition of a 24.1% interest in Kimmeridge’s SoTex HoldCo LLC. The stake was secured via the issuance of new equity and marks Mubadala Energy’s first entry into the American upstream gas and LNG market.
The UAE and Ireland have signed a Memorandum of Understanding (MoU) to deepen economic and technical cooperation and launch a Joint Economic Committee aimed at driving mutual growth and strengthening private sector engagement.
The UAE Ministry of Investment has signed an MoU with the United Nations Conference on Trade and Development (UNCTAD) to strengthen collaboration on investment policy and sustainable economic development.
Sign up for our free newsletter