artificial intelligence

UAE’s ADNOC Drilling awarded $733 million contract for three AI-powered island rigs

These new rigs will support the growing operations at the offshore Zakum field

Economic growth stable but several risks could destroy ‘sandcastle economy’: Saxo Bank

Saxo Bank expects U.S. and European sovereign bond yields to remain range-bound in Q3 2024

UAE’s ADNOC embraces AI for sustainability, drives $500 million in savings and 1 million tons of carbon cuts

Last year, ADNOC implemented over 30 AI tools to improve the efficiency of its projects

Sheikh Hamdan announces Dubai’s winning bid to host premier global conference on computer vision, AI

The event is expected to draw over 15,000 industry leaders, experts, and officials from around the globe

Apple Intelligence: What is it, and when can you use it

Here’s everything you should know about Apple Intelligence

Al Zeyoudi strengthens UAE-U.S. ties in technology, innovation with Silicon Valley visit

Meeting identifies potential partnerships in high-priority fields such as AI, machine learning and climate technology

Dubai Business Forum–China to promote investments, bilateral relations

Forum to support both China's 'Made in China 2025' roadmap and the Dubai Economic Agenda

Dubai Airports leverages AI to streamline inventory management, enhance airport operations

The MRP tool boosted forecast accuracy 30 percent, enabling precise inventory planning and cutting excess stock 12 percent

90 percent organizations in UAE, Saudi Arabia well positioned for innovation in AI: Survey

Cybersecurity continues to be a major area of concern for organizations in both the UAE and Saudi Arabia

UAE’s e& enterprise acquires Türkiye-based managed cloud provider GlassHouse

With this acquisition, e& enterprise aims to strengthen its capabilities, add vertical expertise, and expand into high-growth markets

Dubai Future Foundation, Meta launch incubator program powered by LLAMA 3

Business incubator program seeks to inspire development of impactful AI use cases that leverage Meta’s open-source AI stack

The rise of AI in finance: 82 percent of CFOs praise its efficiency, but 68 percent fear its threat

24 percent of CFOs credited Ai with improving the accuracy of financial forecasting