Author: Mahdeehassan
(Abu Dhabi, UAE, 29 May 2024) – A milestone achievement in the fight against misinformation has been reached with the unveiling of an unprecedented instant fact-checking tool. VGLNT, the first real-time AI-powered fact checker that seamlessly integrates with your phone, has launched its operations, reflecting the region’s commitment to addressing the global fight against misinformation. With the rise of social media and AI, misinformation has become a billion-dollar problem, shaping public opinion and making it hard for users to discern what is real, fake, or AI-generated. This groundbreaking AI tool will empower customers to verify and validate what they consume…
By Mohamed Hashad, Chief Market Strategist, Noor Capital. The minutes of the latest Federal Reserve’s monetary policy meeting as well as inflation data attracted most attention across trading markets for the week.The US dollar closed last week’s trading in an upward direction on the back of signals as well as messages included in FOMC Minutes for May’s meeting that was concluded on May 1, highlighting that there is a tendency within the Federal Open Market Committee to maintain the interest rate at the current record high.The US Dollar Index, which measures the performance of the US currency against a basket…
Core42, a G42 company and full-spectrum AI enablement solutions provider, is excited to announce the availability of its latest Arabic Large Language Model (LLM), JAIS 30B Chat, on Microsoft Azure. Announced by Satya Nadella, Chairman and CEO of Microsoft, at the kick-off of Microsoft Build 2024, this collaboration aims to simplify access to cutting-edge AI, enabling deployment across diverse industries. JAIS available through Microsoft Azure AI’s Model-as-a-Service offering, provides pre-trained model and infrastructure allowing customization to build with Core42’s models to meet diverse needs and specifications. The integration bridges the gap in generative AI accessibility for the world’s 422 million…
Taiba Investments, a leading hospitality and real estate company with a track record in managing, developing, and operating hotels and residential and commercial compounds across the Kingdom, has signed a new agreement with Sitecore, a leading provider of digital experience management (DXM) solutions. The agreement, announced during the Arabian Travel Market held in Dubai from May 6-9, 2024, marks a significant step in the company’s commitment to leveraging tech solutions to enhance its digital presence and scale up customer experiences. The signing of the MOU signifies a mutual intention to explore collaboration to utilize Sitecore’s DXM solutions. By leveraging Sitecore’s…
MERED, the renowned international real estate developer, is introducing innovative parking solutions at its award-winning flagship project, ICONIC Tower. In line with its mission to enrich people’s lives and provide its residents with a luxury urban lifestyle, MERED will integrate cutting-edge parking boxes with a range of features designed to enhance convenience, efficiency, and sustainability for residents, further solidifying ICONIC Tower’s reputation as a premier residential destination. Considering the region’s hot climate, each exclusive parking box is equipped with air conditioning and features separate access to the elevator lobby. This design not only enhances residents’ comfort but also preserves the…
Dubai, United Arab Emirates— Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, announced its latest innovations to future-proof and transform the workforce with the launch of Prisma® SASE 3.0. Prisma SASE 3.0 now delivers Zero Trust to secure both managed and unmanaged devices with the industry’s first natively integrated enterprise browser, AI-powered data security, and acceleration of dynamic applications to perform up to five times faster. Anand Oswal, SVP and General Manager of Network Security, Palo Alto Networks: “Prisma SASE 3.0 is upending existing security approaches to close security gaps and address access challenges. The problem of securing unmanaged devices can…
Over the past year, both the Tadawul (Saudi Arabia’s stock exchange) and global stock markets have defied persistent skepticism. Looking ahead, global trends will continue to impact investment opportunities, but specific changes are poised to significantly boost the Saudi stock market. Here’s why: Global Trends vs. Regional Trends: The increasing dominance of global trends over regional ones is crucial, as noted by seasoned financial analyst Shakeel Ahmed. As global and U.S. stock markets fluctuate, Tadawul follows suit, a correlation Shakeel Ahmed emphasizes. The statistical measure of correlation coefficients reflects stock volatility, a concept he underscores. Over the past 30 years,…
Paris/Riyadh, May 22, 2024 – Amsa Hospitality and Luxury Hotelschool Paris are proud to announce the signing of a strategic partnership for joint operations in the Kingdom of Saudi Arabia. This collaboration marks a significant step in elevating education within the hospitality sector. Under the new agreement, Luxury Hotelschool Paris will partner with Amsa Hospitality to review and certify training materials and conduct a “train the trainer” program across the Kingdom. This initiative is open to the entire hospitality sector and all interested hoteliers, extending beyond those employed at Amsa Hospitality. Globally recognized for its excellence in teaching and pedagogy,…
Hytera, a leading global provider of professional communications technologies and solutions, celebrated the 10th anniversary of its subsidiary in the United Arab Emirates with an impressive light show at Burj Khalifa during its partner summit of the Middle East and Africa (MEA) region in Dubai on May 16th. Over the past decade, Hytera has taken on a starring role in driving digital transformation across various verticals in the Middle East with its UAE branch as the regional powerhouse, revolutionising public safety communications systems whilst enhancing operations safety and efficiency of the utilities, transportation, and energy sectors with cutting-edge technologies of…
LG Electronics, a global leading technology manufacturer, is gearing up to launch in the Middle East its new range of Dual Inverter Residential Air Conditioners. With the summers right around the corner, this new range of air conditioning solutions will bring more efficient, sustainable and environment friendly cooling to homes and offices. With the summers in the Middle East usually reaching extreme temperatures, a capable and powerful air conditioning solution is a must-have for every household. However, these air conditioners will be used extensively during the day, which will also require them to be energy efficient. LG’s lineup of DUALCOOL…